GO GREEN: FILE YOUR RETURNS ONLINE
Every organization is doing something or other to save our planet. As an individual we can also help in retaining the green carpet on earth by filing your return online.
Facts
• On an average an individual tax return prepared on the paper requires around 20 sheets of paper for photocopies & printouts.
• An individual typically spends 10-20 productive hours to get his or her tax return to be filed.
• Printouts & photocopies typically run into 10-15 pages per employee.
Benefits of E-Return
• All electronically filed returns are processed on priority basis at all the income tax department’s centralized processing center at Bangalore so that the refunds can be issued faster.
• No need to stand in a queue at income tax office.
• E filing process saves 10000 productive man hours.
• More over it saves Lakhs of rims of paper thus saving million trees.
• E return requires just 10-20 minutes to e-file.
How to file e-return?
The following steps will lead you to file your return electronically.
• Log on to www.incometaxindiaefiling.gov.in
• Click on “Download” menu.
• Select appropriate type of return.
• Download the Return Preparation Software for selected return form.
• Fill the Excel Utility return offline and generate XML file.
• New users need to create login account, for that click on “New User”.
• After you have successfully created your account, an activation link will be emailed to the user.
• Log on with your id/password.
• Click on “Submit Return” & select “”.
• Click on relevant form.
• Browse to select XML file & click on “Upload” button.
• On successful upload acknowledgment delayed would be displayed. Click on “Print to generate printout of acknowledgment/ITR-V.
• You can also digitally sign your return. In that case you can just have to keep the Acknowledgment for your record.
• In case you have not digitally signed the return. The ITR-V/ Acknowledgment cum verification form needs to be signed & mailed to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100, by ordinary post or speedpost only within 120 days from the date of transmitting the data electronically.
• ITR-V sent by Registered post or courier will not be accepted.
• You can also check your e-filing processing status by log-in with your user id/password & click on My Account.
This completes the E Return filing process. So, why to wait for 31st July. File your return online in just a few minutes & save environment.