We are fast approaching July when you are probably going to file your income tax return. If that is the case with you, read on carefully…
Statistics reveal that an overwhelmingly large number of taxpayers file their return in the last few days before the due date of 31st July. With the current trend where taxpayers choose to efile their return, the Income Tax Department's servers get overloaded during those days, putting you at the risk of missing the due date. And if you miss the due date, you are charged interest @ 1% per month.
Also, the month of June this year has brought with it the T20 World Cup. This may not leave you with much time to do taxes, especially if you are a cricket fan (as most Indians are!). Anyway, if you have your Form 16 and other financial records ready, why wait? Also, a still quicker way to complete your tax filing is to efile using a digital signature. This saves you a visit to the income tax office and you can complete the entire filing process sitting right at your computer!
File with Taxsmile - Its Truly Paperless
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2 comments:
I read your post. I don't know why the video is not playing?. You explained in very simple and effective way.Thanks for advising us for early tax filing.I want to know more about it.
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