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Income Tax dept will now pre-fill your salary, TDS details on ITR-1
To make the tax filing process easier for individuals, this year the tax department will be providing ITR-1 pre-filled with your salary, FD interest income and TDS details.
Earlier, these details were required to be manually entered by individual in the form. These details will be pre-filled in ITR1 only for forms filed online. The software will use your PAN to pick these details from Form 26AS, the TDS return filed by your employer and your last year's ITR. These fields are editable and you will be able to correct the figures auto-filled in case of any mis-match.
However, do remember that this facility is available for those only tax-filers who are eligible to file ITR-1 and choose to file it on the e-filing website www.incometaxindiaefiling.gov.in. If you choose to file your ITR-1 using Excel or Java utility, then you will have to manually fill in these details. #casansaar
Earlier, these details were required to be manually entered by individual in the form. These details will be pre-filled in ITR1 only for forms filed online. The software will use your PAN to pick these details from Form 26AS, the TDS return filed by your employer and your last year's ITR. These fields are editable and you will be able to correct the figures auto-filled in case of any mis-match.
However, do remember that this facility is available for those only tax-filers who are eligible to file ITR-1 and choose to file it on the e-filing website www.incometaxindiaefiling.gov.in. If you choose to file your ITR-1 using Excel or Java utility, then you will have to manually fill in these details. #casansaar
Category : ITR | Comments : 0 | Hits : 788
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