Wednesday, 21 December 2016

Step by Step Procedure for Income Tax E-filing

Income tax is a tax imposed by the government on salary of every working individual every year so as to identify whether they pay any taxes or not. You need to file form to pay income tax to the government. It is usually seen that people do delays in filing their returns of income tax and keep it due it till the last date. Earlier, people had to stand up in long queues to file the income tax returns, but now with the emergence of technology, it is easy to file the annual returns as you can file it online. This procedure of filing annual returns of income tax is known as income tax e-filing. There is a proper step by step procedure that needs to be followed for filing income tax returns.


Uploading of income tax returns on the e-filing website:


Those individuals who earn income of Rs.5,00,000 or more, they need to file  tax returns online. When the income tax returns are uploaded successfully on the e-filing website, they are sent an acknowledgement. Once you verify that you have got an acknowledgement, you need to send the acknowledgement online. This is how, income tax return procedure is done and completed.

If you don’t have time to file tax returns and not aware about the particular procedure, you can get it done from ClicknFile that has a team of financial experts who can perform income tax e-filing for you before the time stipulated by the government.



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