Filing an income tax return is not enough. You also have to keep a check on the proceedings after you file your income tax return on the Internet.
As we all know, we are turning into a more modern and technologically advanced generation and more or less everything has now become available through the Internet. And even the income tax department is not left untouched with the increasing popularity of the online world.
In IT department has now started giving services through which you can file an income tax return online without having to leave your house or stand in never ending lines.
Here is why e-filing of tax return is the best
• You get to file for it without having to stand in lines or going to various government offices, and everything can be done from the comfort of your houses.
• You have all the receipts and acknowledgements on your mail which makes sure all your documents are in place.
• You get better options for tracking your returns. Since the filing is done on the Internet, you get to keep a close eye and track your returns very easily.
Once you’ve e-filed you return, here are the six things you should look forward to
1. Firstly you need to verify your ITR and your dispatch as well. This is the first thing that you must do since this is the initial step that must be cleared out first.
2. You must also follow this step by electronically verifying your details. You could easily do this on the official website of the income tax department website of the country that is a common portal for all.
3. Then you are supposed to send your registered IRT to the respective office. This is the next Step to ensure that the process in going ahead.
4. Once the receipt is in your hand, make sure to keep tracking the status of your receipt.
5. Next step is to track the refund status. Once the required forms are submitted, then a refund should be released, so it’s time you start keeping a record of that.
6. Lastly, you should keep a record of your income tax as a whole. It is very important to make sure that you are aware and have an updated record of all your IT status.
Filing your income tax return is a very smart and sorted decision. And e filing income taxes it is and even better option.
Because of certain reasons we might not be eligible to paying income tax. If you fall in any category under the Section 80 act. Then you might ask for an income tax privilege. In such a situation, asking for a refund is a very tactful decision.
Plus if you can file a return while sitting at home and have to take minimal efforts, then we think it is definitely worth it. What better than getting some returns that you have a right to by just filing an easy return claim?
If you fall under any eligible category that the best idea would be to file for return through the web. But always make sure to keep your receipts and documents in place while doing so.
The government is changing and developing more and more. Such e-portals from the government’s end are massively helping the citizens and it is our duty to use such options, but we must also be very cautious and careful while doing so. But trough a bit of awareness, we think that these government policies would be of great use to the common man.