« Top Headlines » Open DEMAT Account in 24 hrs  Budget 2024 makes new income tax regime more attractive: See how much taxes you can now save  ITR filing 2024: New vs old income tax regimes, 6 key things to consider while filing your tax return  These five technical glitches may impact your Income tax return (ITR) filing. Know here  ITR filing 2023-24: How to optimise Section 80D deductions at the time of filing tax returns  ITR filing 2023-24: Top 7 mistakes to avoid for hassle-free income-tax return filing this year  Income tax returns for FY 2023-24: Keep these 8 tax law changes in mind while filing ITR this year  ITR Filing 2024: Know who can and cannot file income tax returns using ITR-1 this year  Income Tax Filing: 10 necessary guidelines that you must be aware of  Why you should file your income tax returns before July 31  What is Form 26AS? How to download Form 26AS to file Income Tax Return (ITR)  Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR? «  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.