An article on Drawbacks of online tax filing
Today when I’m reading the newspaper I saw an article with heading ‘drawbacks of online tax filing’. Usually all these financial matters are out of my knowledge and out of my interest too. As this is tax filings season, I see many ads on TV about online filing of taxes and I was curious to know some information in this area. After reading the article, I found it to be informative and thought to share this info with all of u. Income Tax Department allows its assessees to file Indian tax returns electronically. This requires opening an account on the income tax website (www.incometaxindiaefiling.gov.in). At the time of e-filing the return, the assessee has two options; either to upload the return after signing it digitally or to submit the return electronically without it. When the return is uploaded without digital signature, the acknowledgement generated in form ITR-V is required to be signed and sent to the Central Processing Centre (CPC) in Bangalore through ordinary