Filed your tax returns? Pat your back. Go and watch the latest Salman Khan flick, if you haven’t read the critics review yet!
Mall visits can be alluring too, given the flat discounts can tempt you in to changing your wardrobe.
That’s because anyone who has filed tax returns deserves a break. Collecting bank statements, fund and share transaction reports, insurance premium receipts is indeed an herculean task, no easier than trying to fit into our college-wali jeans!
For procastinators like me who tend to leave things at the last moment, the midnight lamp needs to be on. For last two days, I have been collecting my bank statements, mutual fund and share transaction reports, insurance receipts for the spouse and myself. The finding process will hopefully end soon. The “filing” part will be outsourced to our family chartered accountant.
You can outsource the filing part too.Apart from the Government’s Income Tax website, there are many websites offering electronic-filing (e-filing) of tax returns. And guess what, you can save few hundred rupees in filing fees as some of them offer free e-filing services. To save you from the last minute confusion about which website to chose, The Great Gruhini did a quick comparison of prices of e-filing portals.
E-Filing Portals |
Self E-Filing (Salaried only)
|
Self E-Filing (Salary and Investment)
|
Chartered Accountant (CA) assisted Filing Fee(Min fee) |
Cleartax.in | Free: For WomenRs 300:For Men | Free: For WomenRs 300:For Men | Rs 600-Rs 1800(depends on sources of income) |
Taxspanner.com | Rs 449 (minimum) | Rs 749 | Rs 1249 |
Taxsmile.com | Free (income upto Rs 5 lakh).Rs 250 (income more than Rs 5 lakh | Free (income upto Rs 5 lakh).Rs 250 (income more than Rs 5 lakh) | Rs 500 |
hrblock.in | Free | Free | Rs 999 |
myitreturn.com | Free (income upto Rs 5 lakh). | Rs 299-Rs 499 | Rs 399-Rs 599 (For review of IT returns) |
Thanks to Khyati Dharamsi, a former journalist and a freelance writer for suggesting this post.