« Top Headlines » Open DEMAT Account in 24 hrs  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80 «  Mauritius plugs gaps in tax treaty... VAT forces Gujarat wet date traders to look at new turfs... » I-T dept to accept e-filings of returns October, 12th 2006 The Income Tax Department is ready for accepting e-filing of returns for income tax and fringe benefit tax by corporates and non-corporates. According to a recent notification by the Central Board of Direct Taxes, form number one--meant for filing of IT and FBT returns by corporates and form number two-- for filing of these returns by non-corporates -- have been designed as amenable to electronic filing. In case where the taxpayer does not use a digital signature, a two-step procedure has been prescribed for furnishing these forms electronically without digital signature. The first step is to transmit the details of the returns and schedules electronically without digital signature to the designated website and thereafter to file a paper return, the notification said. However, if the return is furnished electronically under the digital signature, it will not be necessary to furnish the paper returns. All corporate taxpayers are necessarily required to furnish the return for assessment year 2006-07 electronically after July 24.