Page Contents
Income tax e-filing refers to the process of submitting ITR online to Govt tax dept in the specified format. Online tax filling simpler, safer and easy than visiting the ITO to submit your Income tax returns. Under Presently income tax rules & regulations in India, Online e-filing is Compulsory for taxpayer & replaces the previously manual paper-based mechanism of Submitting Income tax return. Deadline for Online filing Tax Return for Assessment Year 2023-24 is 31st July 2023.
Presently, there are three options to file ITR filing system in India:
The submission of income tax e-filing is now mandatory by Income Tax rules. The below are the instances where e-filing by tax assessees is not required:
Under the above two situations described above, ITR’s may be filed online or on paper using the relevant income tax returns form.
Unless the Income Tax Department required to do so by order, you are not obligated to attach any documents along with ITR Form. But, for a smooth e-filing experience, the taxpayer needs have a few key documents on available. The following are some necessary tax documents for speedy income tax e-filing:
You can use your account after registering on the Income Tax E-filing Portal. Follow the following steps to login for income tax e – filing:
Steps:
2. Then we must Click on ‘Login’ options located on very right side at Income tax home page
3. Enter Our Income tax User Id & password to login to our income tax login/account.
For the AY 2023-24 i.e. FY 2022-23, the last due date to file your ITR is 31st July, 2023. But, the online e-filing deadline is subject to extensions by order of the Govt.
Exploring Corporate Bonds in India - A Comprehensive Guide Corporate bonds in India represent a compelling investment option, offering a… Read More
Central Board of Direct Taxes Mandates E-Filing of Appendix-II Forms under Income Tax Rules, 1962 The Central Board of Direct… Read More
Payment System or mechanism under GST Regime General Rules for Payments Regular taxpayers under GST must compute tax monthly,… Read More
Rule 86B under the GST Regime Rule 86B is a provision introduced under the Goods and Services Tax (GST) regime… Read More
Big Relief to Taxpayers- welcome change for GST taxpayers The recent update by the Goods and Services Tax Network (GSTN)… Read More
Central Board of Indirect Taxes & Customs Circulars Issued on 26th June 2024 Following the recommendations from the 53rd GST… Read More