Adding further, the software of income-tax shall ensure that the return filed is complete in all dimensions/aspects and thereafter it shall be uploaded on the web portal of income-tax. Consequently, the manual filing of the income tax return has tectonically reduced as virtually all compliances in respect of the income tax have been made online.įor the aforesaid online compliance, an apt income tax filing software is a prerequisite wherein all the details related to the income that has been earned shall be disclosed and after disclosing the tax details, the tax shall be automatically calculated and determined by the software of Income Tax considering the slab rates. For the assessees having income tax liability of Rs 5 lakhs per annum, the government has made it mandatory for e-filing of the income tax returns.
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