How to use TaxSmile.Com to E-File Income Tax Returns (ITR)
The TaxSmile.Com is a web based application to self E-File Income Tax Returns (ITR) online. Also you can avail tax consulting for small amount of fee as per your needs. Here is how to use taxsimle.com for e-filing, features and advantages etc.
TaxSmile.Com is e-return intermediary of Income Tax Department of Government of India. Using this website you can e-file ITR hassle free. E-Filing ITR through TaxSmile.Com involves only few simple steps:
• Provide Form 16 Data
• Review Taxes
• E-File Return
A simple sign up is required to start using TaxSmile.Com.
To Sign Up log on to: https://www.taxsmile.com/ReturnFiling/TaxSmile/Pages/User/UserManagement/UserRegister.aspx
You can use TaxSmile.Com for free if your taxable income is Rs 5,00,000 or below. If your taxable income is higher than Rs. 5 lac you will need to pay a nominal fee of Rs. 250 for self e-filing of ITR through taxsmile.com. Or you can choose for Assisted Filing. If you have obtained Digital Signature e-file your ITR without any paper work at all. If not you can complete the entire filing process on taxsmile.com website. In the end 'Income Tax Return – Verification' i.e. ITR-V will be generated which you will download, sign and send to Income Tax Department CPC, Post Box No.1, Electronic City Post Office, Bangalore 560100, Karnataka. The last date for submission of ITR-V at Bangalore Office is within 120 days from e-filing of income tax.
The premium services of taxsmile.com are priced at Rs. 500. Being a premium user you will need only to upload Form 16 and rest of the things will be handled by a tax professional. Thus you will save lot of time and energy on filing of ITR. Following category of individuals can use paid services
• Salaried Persons
• Those who have income from house property
• Income from other sources
Please note only ITR Form 1 and ITR Form 2 are supported.
The paid services of TaxSmile.Com cannot be used by Contract Workers, Business People, Professionals, Income from Capital Gains, Income from Overseas, Claiming relief under section 90/91 and dealing in speculative transaction.
Post E-Filing you can do the following with taxsmile.com
Print Your ITR
Check ITR-V Status
Check Refund Status
Check Rectification Request
E-File Revised ITR
Accuracy is the key when filing ITR. The taxsmile.com software is designed keeping in view your taxes, liabilities and deductions. You will get all the benefits under different sections of income tax. The software proceeds in step wise manner and it's guaranteed that you won't miss out anything while self filing.
For the people who are not from finance background calculating taxes is one big task. Taxsmile.com facilitates you with tax calculator. To calculate your taxes go here http://www.taxsmile.com/calculate-income-tax.html Chose the correct financial year, fill the accurate data and calculation will be done by taxsmile.com software. It's simple, fun and easy to use. You do not require any specialized training for using this website.
Other services offered by taxsmile.com
Tax Credit Verification: Price – Rs. 100
ITR-V Submission: Price – Rs. 100
Refund Tracking: Price Rs. 200
Document Vault: Price – Rs 200
Tax History: Price Rs. 300
