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Friday, June 30, 2017

New ITR forms ready for e-filing

New ITR forms ready for e-filing


The Income Tax department has activated the e-filing facility for all categories of Income Tax Returns (ITRs) for the assessment year 2017-18. A taxpayer should keep ready a copy of last year's ITR, bank statements, TDS and savings certificates, Form-16 and other relevant documents ready before attempting the efiling, an official said.

The taxpayer's Aadhaar number is now mandatory for filing of income tax returns. The e-verification of ITRs can also be done through the Aadhaar number. If e-verified, the ITR-V (acknowledgment) does not have to be sent to the Central Processing Centre (CPC) in Bengaluru. Already 2.6 lakh ITRs have been e-verified in this fiscal using the Aadhaar.



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