It’s that time of the year again. July is the month that most of us come up with excuses, either at work or at home, to spend time with that person who assumes special importance this month. You guessed it right: it’s your chartered accountant! But if you have all the papers intact, why wait [...]
Archive for the ‘Efiling’ Category
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The ease of e-filing tax returns
Posted by admin on July 6th, 2010
Electronic filing of tax returns first clicked in India as part of a proposal for Web-based electronic tax administration system for service tax. Thanks to the CBEC, the e-filing of service tax returns commenced in April 2003 but its benefit was available only to a few service tax providers.
Considering the ease and the comfort, the both the Central and State governments decided to extend e-filing of tax returns to the other types of taxes, including income-tax, excise and VAT.
New features launched by income tax dept for e-filing
Posted by admin on June 28th, 2010
1. The Department has modified the return preparation software to include automatic calculation of tax and interest and this is available for download free of cost.
2. New facility added in “My Account” allows registered E-filers to View the Tax Credit Statement (Form 26AS) to verify if the tax payments made by you or TDS deducted from salary or interest etc are correctly reported to the Department.
e-filing of I-T returns to increase this year
Posted by admin on June 21st, 2010
3i Infotech is expecting to see prominent adoption in e-filing (electronic filing) of Income-Tax returns this season.
The Managing Director and Chief Executive Officer (Consumer Services Division), Mr Ravi Jagannathan, attributed the expected increase in e-filing to the awareness among youngsters in being environment friendly (paperless processing).
ITD releases ITR-4 E-Filing RPU for A.Y. 2010-11 for Individuals & Huf
Posted by admin on June 9th, 2010
ITD releases ITR -4 E-Filing Return Preparation utility for Asst Year 2010-11 for Individuals and HUF
Click below to download ITR-4 E-filing Return Preparation Software For A.Y. 2010-11
2010_ITR4_r2
ITR-4 E-filing Return Preparation Software is applicable to Income from Proprietary Business/Profession
FM proposes two more I-T returns centres to be set up at Pune and Maneasar
Posted by admin on May 31st, 2010
Finance Minister Pranab Mukherjee today said that after Bangalore, two more centres that handle I-T returns digitally would be set up at Pune and Maneasar.
The Finance Minister also asked the Income Tax Department to partner with the corporate sector to automatise its non-core processes, so as to achieve economy of scale.
