2018 round-up: Your ITR filing process gets stricter2 min read 29 Dec 2018, 10:32 AM IST
Earlier when taxpayers filed ITR forms, their TDS was the only figure displayed automatically and one had to feed in the income and other details manually. But income tax department is looking to display it automatically.
Mumbai: Finding it difficult to fill your income tax returns (ITR) form? Automation seems to be the answer. The process of filing your income tax returns may become a lot easier in near future as the income tax department is planning to introduce pre-filled forms, Sushil Chandra, chairman of Central Board of Direct Taxes (CBDT) had said earlier this month. “Earlier when taxpayers filed their ITR forms, their tax deducted at source (TDS) was the only figure that was displayed automatically and one had to feed in the income and other details manually. But with this change, income tax department is looking to display it automatically," said Rajat Mohan, chartered accountant and partner at AMRG & Associates, a Delhi-based chartered accounts firm. This move is to keep a check on tax evaders, he said.