Income Tax E-Filing

One of the most important sources of revenue for the government is tax. Taxes are collected from every earning individual and business. These collected taxes are used by the government for the overall development of the country. Taxes are mainly classified into two types, direct taxes, and indirect taxes. Of all the direct taxes imposed by the Central Government, the most commonly known tax is the Income Tax. Income Tax is the direct tax imposed by the government on the income earned by individuals and businesses during a financial year. Not paying the tax is a legal offense and is punishable by imprisonment and a fine.

How to File for Income Tax Return Online?

The Income tax returns can be filled offline as well as online. The following is the procedure for filing the income tax return:

1. Open the Income Tax e-filing portal on the website incometax.gov.in/ec/foportal/

2. log in to the e-filing portal

3. Click on the “e-file” portal and click the ‘Income Tax Return’ link

4. Fill in the necessary details eg- assessment year, ITR form number 

5. Click on continue 

6. Read the instructions carefully and fill in all the applicable and mandatory fields of the Online ITR form 

7. Click on the e-verification option 

8. Click on the ‘Preview and Submit’ button

9. ‘Submit’ the ITR 

The whole process of filing an income tax return can be confusing and time-consuming. Therefore it is highly suggested to consult with an expert while filing the income tax return.

YouTax consists of a team of highly professional financial experts with a dominating experience in the field of taxation and financial consultation. YouTax will make sure that your Income-tax return will get filled easily and within no time. 

Our financial experts will help you understand the whole process, take care of proper documentation and file the income tax return for you. All you have to do is reach out to us on our website Youtax.in or contact us on our number +(91) 8421447373.