Personal Income Tax collections during Financial Year 2008-09 have grown by 9.09%. According to a press release from the Income Tax Department, in spite of the recession and considerable relief granted to non-corporate taxpayers, tax collections went up by Rs.26,000 crore.
This is the result of timely Advance Tax payments by those who were liable to make such payments. However, that is not the end of your tax journey for the year 2008-09. You still need to file your income tax return. The best way to do it is online. Remember, the due date is 31st July, 2009. So you should efile your return as soon as the I-T Department is ready to accept them.
How do I know?
It's simple. Choose a website like Taxsmile to file your return. You can sign up, prepare your return and authorise Taxsmile to efile on your behalf. As soon as the I-T Department begins accepting returns online, Taxsmile will efile yours without you needing to do anything!
1 comment:
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