GEREAL QUESTION E-FILING RETURNS

GENERAL QUESTIONS

1. What is this site about?

2. What is e-Filing of Returns?

3. How is e-Filing different from the regular filing of returns?

4. Who can file returns On-line?

5. Can I use the same PAN for regular filing returns and e-Filing returns?

6. What are the steps in brief to upload the tax returns on this website?

Answer: This website has been set up as part of the e-governance action plan of the Income Tax Department. The following services are now web-enabled:

• E-filing of Income tax and Fringe Benefit tax returns;
• KNOW YOUR PAN : A tax payer can now ascertain his PAN online;
• BULK PAN QUERY : Allows registered institutions to query their PANs in a batch mode;
• Registration of e-return intermediaries;
• Ascertain various return related information under YOUR ACCOUNT sub menu.

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Answer: Filing of Income Tax returns is a legal obligation of every person whose total income for the previous year has exceeded the maximum amount that is not chargeable for income tax under the provisions of the I.T Act, 1961. Income Tax Department has introduced a convenient way to file these returns online using the Internet. The process of electronically filing your Income tax returns through the Internet is known as e-filing of returns.

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Answer: E- filing offers convenience of time and place to tax payers. This facility is available round the clock and returns could be filed from any place in the world . It also eliminates/ reduces interface between assessee and tax officials. The procedure of e- filing is explained on the home page of the website.

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Answer: Any individual or organization that files returns using the general method can take advantage of this facility. The pre-requisite for filing online is that you must have a valid PAN number. Direct E-filing is available for FORM NOs. ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 & ITR-8.

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Answer: Yes.

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6. What are the steps in brief to upload the tax returns on this website?

Answer:

• Select appropriate type of Return Form.
• Fill your return offline and generate a XML file.
• Register and create a user id/password .
• Login and click on relevant form on left panel and select "Submit Return".
• Browse to select XML file and click on "Upload" button .
• On successful upload acknowledgement details would be displayed. Click on "Print" to generate printout of acknowledgement /ITR-V Form.
• Incase the return is digitally signed , on generation of "Acknowledgement" the Return Filing process gets completed. Assessee may take a printout of the Acknowledgement for his record.
• Incase the return is not digitally signed , on successful uploading of e-Return, the ITR-V Form would be generated which needs to be printed by the tax payers. This is an acknowledgement cum verification form. The tax payer has to fill-up the verification part and verify the same. A duly verified ITR-V form should be mailed to “Income Tax Department – CPC, Post Box No - 1, Electronic City Post Office, Bangalore - 560100, Karnataka” within 30 days after the date of transmitting the data electronically. The Post Box shall deliver all the Form ITR-V to the Centralized Processing Centre (CPC) of the Income-tax Department in Bangalore. Upon receipt of the Form ITR-V, the CPC shall send an e-mail acknowledging the receipt of Form ITR-V. The e-mail shall be sent in due course to the e-mail address furnished by the tax-payers in his return. No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner. This completes the Return filing process for non-digitally signed Returns.