Free E-Filing of Indian Taxes

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RRK
Posts: 2833
Joined: Sat Dec 16, 2006 4:37 am

Free E-Filing of Indian Taxes

Post by RRK »

What US could not do, India has done.
Free E file for every one. There are 3 software options.
1) pdf file that is editable
2) EXE software
3) Excel based software


Each of this software supposed to generate "xml" file and upload to the site.
A person can sign digitally or print out the return and file.

It is all free.

More information here:
http://incometaxindiaefiling.gov.in/portal/index.jsp

I just downloaded the software, trying to figure out which is best.
Has any one used any of these and have any recommendation ?
VRG
Posts: 338
Joined: Tue Jan 16, 2007 11:58 pm

Free E-Filing of Indian Taxes

Post by VRG »

RRK,

Please also let us know which software is the easiest to use. For example, Turbotax in the US is fairly easy..in my experience.

thanks.
RRK
Posts: 2833
Joined: Sat Dec 16, 2006 4:37 am

Free E-Filing of Indian Taxes

Post by RRK »

I'm not planning on using the software for this year. Anyway I plan to check all these three out to see how they work.

If any of you have tried to use it, give your feedback please..
dbs
Posts: 4100
Joined: Wed Jan 17, 2007 8:59 pm

Free E-Filing of Indian Taxes

Post by dbs »

I have filed my UK company's IRS and VAT returns on line for a couple of years as well as the Comapnies House Statements over the net, including paying the fees.
bengal_tiger
Posts: 131
Joined: Thu Jun 07, 2007 9:51 pm

Free E-Filing of Indian Taxes

Post by bengal_tiger »

The IRS cut a deal with tax preparation companies some time
ago waiving its right to offer free filing on its web site to taxpayers.
I always wonder if they will ever cut a deal with the rest of us waiving the
right to collect taxes :emwink:

I am glad the lobbyists in India don't determine public policy,
at least in broad daylight.
RRK
Posts: 2833
Joined: Sat Dec 16, 2006 4:37 am

Free E-Filing of Indian Taxes

Post by RRK »

This year the new forms introduced by GoI needs no annexures.

No supplemental document to be included.
Good news ?

I still dont think the forms are user friendlier and take into consideration tax payers across countries.
murari
Posts: 30
Joined: Fri Feb 02, 2007 7:48 am

Free E-Filing of Indian Taxes

Post by murari »

Dear Forum Members,

I have PAN number and I would like to file returns to get back my TDS deducted for the interest paid to my NRO account balance. Bank has issued Form NO.16A for the year 2006 - 2007. Can some one let me know still can I file tax returns ?

Thanks in advance

Murari
RRK
Posts: 2833
Joined: Sat Dec 16, 2006 4:37 am

Free E-Filing of Indian Taxes

Post by RRK »

murari;30617Dear Forum Members,

I have PAN number and I would like to file returns to get back my TDS deducted for the interest paid to my NRO account balance. Bank has issued Form NO.16A for the year 2006 - 2007. Can some one let me know still can I file tax returns ?

Thanks in advance

Murari[/quote]

Yes, you have time till July-31 to file. If you dont have any other income than the interest, you can use form-1, very simple. You can download, fill it in and send the return.
RAJESH H DHRUVA
Posts: 528
Joined: Sat Jan 20, 2007 10:16 am

Free E-Filing of Indian Taxes

Post by RAJESH H DHRUVA »

Dear Murari,
I am happy that contents of my mails are found useful.Now having noted the contents , I may state :
1. RRK has correctly replied.
2. As your TDS is deducted , it is presumed that you have availed PAN or otherwise avail the same.
3. Submit the original TDS certificate with the tax return.
4. As a matter of fact , if an individual has income above the exempt limit [ presently INR 110,000 ] one is obliged/required to file tax return.

Best wishes.
RAJESH H DHRUVA
murari
Posts: 30
Joined: Fri Feb 02, 2007 7:48 am

Free E-Filing of Indian Taxes

Post by murari »

Dear RRK,Rajesh

Thank you ver much for your information. For me Form-1 looks like complicated so I decided to take help form Accountant in India to file my tax returns.

Again thanks

Murari


RRK;30789Yes, you have time till July-31 to file. If you dont have any other income than the interest, you can use form-1, very simple. You can download, fill it in and send the return.[/quote]
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