Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: empanelment :: TDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: VAT RATES :: form 3cd :: VAT Audit :: list of goods taxed at 4% :: due date for vat payment
News Headlines »
 I-T Department may go into overdrive this quarter
 Ways to reduce the TDS deduction from your salary
 4 Tips for choosing who prepares your 2017 Tax Returns
 Processing of income-tax returns under section 143(1) of the Income-tax Act which were filed in Forms ITR-1 to 6 & applicability of section 143(1)(a)(vi)
 Price Waterhouse gets 2-year ban in Satyam case
 How to save income tax under section 80C
 These four expenditures can help you save tax under section 80C
 How to avoid excess deduction of TDS from salary income
 Income-tax deduction from salaries during the financial year 2017-18 under section 192 of the Income-tax Act, 1961
 Comparison of 10 tax-saving investments under Section 80C
 10 Income Tax-Saving Options Beyond Section 80C Limit

Income tax return filing process goes online
June, 02nd 2015

Arnav Pandya
One of the troubles for income taxpayers in recent times has been that they had to undertake several steps in the process of completion of their income tax return filing. The first step involves the work that has to be done online. After which there is also the need to undertake a physical process in the role of signing a form (ITR V) and then sending this to the tax department. Many times this part of the process ran into trouble if the signed form was not received at the tax department’s end. This was significant because of the fact that if this part of the process was not completed then the return would be considered to not have been filed. Now there is a step that is proposed by the government which can ensure that there is no problem on the online filing front and that the entire process will be truly online. Here is a closer look at the conditions and what needs to be done.

Aadhar number

Currently there is just one way in which the tax payer can ensure that they do not have to post the signed copy of the form which is known as ITR V to the tax department. This would happen if they sign the tax return form using a digital signature. Very few people have a digital signature and this means that the normal individual has to undertake the process of ensuring that they sign the required form and send it within the time period available. More than the process of sending the form it is the issue of ensuring that this is received and recorded with the tax department that is important as unless this is done it will be considered as if the taxpayer has not filed his return.

This is now sought to be tackled by bringing the Aadhar number into play for the verification process. Under the new proposed guidelines the tax payer would have to use their Aadhar number for the verification process which will be done online. Once this is complete then a one time password would be sent to the individual that would have to be entered and this will then end the income tax return filing.


A closer look at the details that have been proposed shows that there is a lot of simplification that will be present. On one side there will be the use of the Aadhar number which is used for a lot of other purposes also and hence this will not require extra effort as the number is already issued to the individual. The other thing is that this will be done online so this will ease the procedure and also the one time password that will be sent will be done on the mobile phone. The details about the mobile numbers are present for the individual and hence there is no need to once again go and complete requirements for this purpose. On the whole when the whole thing is looked at carefully then it shows that there will be an element of simplification for the tax payer and it will save them a lot of worry in terms of what will happen with their return and how they will complete their return filing process.

For the taxpayer there will be an added incentive to ensure that they are able to authenticate the details online itself and complete the whole process without having to resort to the physical activity of signing forms. This will eliminate the worry about the completion of the process and the whole thing will actually become online in the true sense when this is done.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions