There are several advantages to paying taxes. Tax returns serve as a historical record for verification if you ask for loans, VISA, credit, or any other type of credit. As a result, it is critical to calculate and pay your taxes on time. Instead of waiting until the last minute to file your income tax returns, paying ahead of time can save you time and stress.
In this article, you can see and understand the best 5 Platforms For ITR Filing in India and how to use them.
Here are 5 best platforms for ITR filings in India;
Crazyreturn.com claims to be able to file tax returns with a single click of a button. The program not only allows users to e-file their tax return, but it also helps them to calculate their expected tax burden using an income tax calculator. The tax calculator will compute the user’s tax due when they enter their income and deduction information. To do so, a user must first connect onto the app, choose an appropriate IT return filing plan, and then submit the necessary income and deduction documents for tax return filing.
The app’s mobile Tax (m-Tax) adviser team will analyze the documents and produce the IT return when the user makes a request. The software will post ITR-V to its portal and mobile app for a user’s future reference and download after successful submission of an IT return with the IT department website. The software can also notify a user about the status of his or her IT return on a regular basis.
You may prepare your ITR using TaxSmile in an easy-to-understand Q&A style, and it’s rather simple to do so on your own. The sticky window with an email address for immediate help is the first thing you’ll notice about this site. Taxsmile has an advantage over other online ITR filing websites since it offers a dedicated support hotline for free customers. It provides free return preparation and filing services to taxpayers who do not have any business or professional income and have a net taxable income of less than Rs. 5 lakhs. The paid plans for other taxpayers start at Rs. 249.
Furthermore, you may prepare your tax calculation for free on the web, and you just have to pay when you e-file. TaxSmile, like ClearTax, is a registered e-Return Intermediary with the IRS, which means you may file your returns straight through their site without having to enter into your IRS account. The ITR filing procedure is no longer hard, and it can be done quickly from the comfort of your own home, thanks to the above-mentioned portals’ simplified return preparation features.
3. Clear Tax
Clear Tax is one of the most popular and widely used online income tax return filing websites. It has been unanimously chosen as one of the easiest websites to submit taxes because of its easy and real user experience. Clear tax allows users to join up for the portal using their email addresses or social networking IDs. It provides the customer the choice of either uploading the Form 16 or manually filing the income tax returns. Uploading Form 16 simplifies the process because it contains all of the necessary information, which the site collects to create your returns. Fill in the blanks on the internet, and the Clear tax will compute the remainder.
The user is shown the total amount of tax they must pay or the total amount of refund they are entitled for at the end of the procedure. Not only that, but it also completes the operation by processing the form and redirecting the user to the e-filing page, where the user may simply check the online income tax return filed. Clear tax also provides online support in the event that a person has made a mistake in submitting their taxes or is unable to proceed. Professional chartered accountants handle online income tax return filing for a minimum fee of 499 INR, and they also assist in filling out the details.
MyITreturn is another Platforms For ITR Filing, a prominent private online income tax return filing. This service, which has a client base of around 20 lakhs, walks the user through every stage of declaring and processing an income tax return. It has a comprehensive mechanism that ensures that the entire procedure is completed effectively without sacrificing precision. MyITreturn is a preferred choice for people all throughout the country since it promises to optimize reimbursements. With over 26 lakh users, MyITReturn is a popular online ITR filing service that assists users in calculating taxes and preparing ITRs online.
The first income-tax return in India was submitted using their software, which was built by the Income Tax Department itself. Aside from their website, the portal also has a mobile app for Android and iOS that enables over 200,000 customers calculate, pay, and file their tax returns, making the process incredibly simple and quick. Users may access their services in over nine Indian languages in addition to English (Hindi, Gujarati, Marathi, Tamil, Telugu, Kannada, Malayalam, Bengali and Punjabi).
Salaried employees earning less than Rs. 2.50 lakhs can use the platform for free e-filing. Higher-income taxpayers can pay for plans that start at Rs. 199 plus taxes. MyITReturn is also a registered e-Return Intermediary with the Internal Revenue Service, allowing you to upload your ITRs directly to the IRS’s server from their website.
5. Income Tax India Official Website
Another Platforms For ITR Filing is Income Tax India’s Official Website. It is the official website of the Government of India’s Income Tax Department, which offers the ability to e-file Income Tax Returns. All Income Tax Returns must be uploaded to this website alone, even if they were created using other software or e-filing sites. You can use the portal to prepare ITR-1 and ITR-4 returns online using an easy-to-use interface.
For all ITR forms, the portal also includes Excel and Java utilities. The users provide the required data, which is subsequently evaluated against pre-defined tests and transformed to XML format. The user can file the return online by uploading the XML file. It also allows you to access your Tax Credit Statement (Form 26AS) so that you may compare the TDS credits claimed in your ITR to the TDS credits that are shown in your online account.
As the official Income Tax login account for your PAN, you may use it to check the status of previous ITRs, make refund re-issue requests, e-verify ITRs, and seek rectifications, among other things. As a result, it is the greatest website for free tax filing online. 5.65 crore ITRs had been submitted for FY 2020-21 as of August 31, 2021, compared to 5.42 crore ITRs at the same period previous year. Furthermore, on August 31, 2021, the e-filing of ITRs reached an all-time high of 49,29,121 ITRs filed in a single day.