Income Tax Return

Undoubtedly, the advent of online or electronic income tax return filing portals (other than the government) has made the ITR filing process quite fast and convenient over the years. However, many taxpayers and retirees still find the process tedious and tedious and may find many excuses to postpone this activity.

Income Tax Return Filing for NRIs / Why E-File Income Tax Returns

NRI or not, any person whose income exceeds Rs. 2.5 Lakh (for FY 2018-19) is required to file Income Tax Return in India. Please note that for an NRI, income earned or earned in India is taxable in India.

A large number of returns are e-filed and gradually the Income Tax Department is hoping to bring all the returns online.

Filing of Income Tax Return online is mandatory for all registered taxpayers who have taxable income. However, paper returns can be filed by people who are above 80 years of age and have no income from regular business or profession.

Income Tax Return.

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