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Showing posts from August, 2017

THINGS TO KEEP IN MIND BEFORE FILING INCOME TAX RETURN

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For any economic year, 31st July is the due date for filling income tax for everyone. No doubt, filling an income tax return is not at all the easiest tasks in India as the whole system is undergoing changes in the digitized era. In this transitional stage where economic reforms are being carried on looking at the national and international scenario, every responsible citizen has to be aware of some necessary areas which are pivotal to filling income tax return.

Linking Aadhar number to Income Tax:  The finance Act 2017 makes it mandatory for every citizen to quote Addhar while filling incoming tax returns.  Thus it has become necessary to link Aadhar with your Permanent Account Number (PAN). Users simply need to visit www.incometaxindiafiling.gov.in and have to click on link Aadhar tab.  The link will be verified after confirmation from UIDAI authorities.  For those who do not have Aadhar, have to apply for it immediately and quote the provisional number issued to them.
Identifying th…