New ITR forms ready for e-filing

New ITR forms ready for e-filing





The Income Tax department has activated the e-filing facility for all categories of Income Tax Returns (ITRs) for the assessment year 2017-18. A taxpayer should keep ready a copy of last year's ITR, bank statements, TDS and savings certificates, Form-16 and other relevant documents ready before attempting the efiling, an official said.

The taxpayer's Aadhaar number is now mandatory for filing of income tax returns. The e-verification of ITRs can also be done through the Aadhaar number. If e-verified, the ITR-V (acknowledgment) does not have to be sent to the Central Processing Centre (CPC) in Bengaluru. Already 2.6 lakh ITRs have been e-verified in this fiscal using the Aadhaar.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich