Filing tax returns made easy with e-filing


Filing tax returns made easy with e-filing
Bangalore: Filing tax returns is made easy with the option of filing it online. It is a much easier way to file the tax returns getting rid of the long and winding queues and tensions, reports Preeti Kulkarni from Economic Times. There are few steps which would make it easy for the consumers to file their tax returns online. The first step is to log on to the website, incometaxindiaefiling.gov.in and register yourself with your PAN - which acts as the user ID - and log in to your account. After that, select the ITR form (2010-11) and download the same. For a salaried individual with no other source of income, the relevant one is ITR-1. As the next step, open the downloaded excel utility with 'macros enabled' facility. Validate all the information by clicking the 'Validate' key and proceed to generate an XML file. It will be automatically saved in your machine. Upload this XML file on to the website by going to the drop down menu under the 'Submit Return' section; select AY 2010-2011 and the applicable Form. Select 'No' for the question 'Do you want to digitally sign the file?', unless you have obtained a class II digital signature. Doing all the steps correctly, a message about successful e-filing will be displayed on the site, along with a note that the ITR-Verification form has been mailed to your e-mail ID. Then you need to download the ITR-V form, print it out, sign the same and send it by ordinary post to Income Tax Department within 120 days of filing your returns on-line. A failure to adhere to the deadline will mean going through the process all over again. Consumers will have an easy and smarter way to file their tax returns with the e-filing option.