Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: due date for vat payment :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: empanelment :: VAT RATES :: VAT Audit :: cpt :: Central Excise rule to resale the machines to a new company :: TDS :: articles on VAT and GST in India :: form 3cd
 
 
News Headlines »
 How to save income tax? Best tips for young earners
 Forgot to verify your income tax return? Here's help
 Notification of Government e-Marketplace (GeM) under section 138 of the Income-tax Act
 Income tax returns can be filed even if you missed deadline
 What is the difference between a tax return and a tax refund?
 Improving tax compliance in India
 How to invest in the new LTCG tax regime
 5 Tips to help you save tax
 Why to file income tax return?
  Income Tax For Individuals – Assessment Year 2019–20
 RBI mentions 5 tax implications on investments and savings

Coming soon, an app to help you file tax returns
August, 27th 2015

In a bid to make tax filing easier, the Central Board of Direct Taxes (CBDT) is exploring to come up with a mobile app that is expected to let users connect and check their tax account wherever they are in the world.

“The CBDT has always wanted to make tax filing easy like we introduced tax calculators for filers to help them calculate the way IT department would assess... Similarly, for the next generation users we are examining the possibility of having an app,” said Anita Kapur, chairperson, CBDT. “The idea is that you’ll be able to file your return from anywhere, anytime, and will be able to pay through net banking.”

Over the period of time, the CBDT has taken several initiatives to make tax filling easier and comfortable, including e-filing, paying up through net-banking, reducing the number of pages of the income tax returns (ITR) form, etc.

Sources, however, said the CBDT is in the early stages of examining the idea of an app due to security reasons. Technology experts say that the app needs to have special security features as in the current format also tax payers do give out their passwords and other relevant information to charted accountants and other professionals for filing taxes on their behalf.

“Indians tend to be fairly blase about their financial security,” said Prasanto K Roy, senior technology journalist. “Even when you file online, it’s usually done through a CA or your tax guy, who invariably get full access to passwords, digital signatures, and other information, which is not very secure to begin with. The access to Form 26A is also insecure because the password is your pan number and date of birth. But one can actually make an app more secure by using things such as two-factor authentication to log in, or setting up a PIN to open the app itself.”

However, if anyone wants to go through confidential tax data, it is unlikely that they will target the app, they will simply target the IT department-backend servers, which is where they need to boost security, he added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

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