IT Return filing for 2017-18

INCOME TAX RETURN FILING FOR FY 2017-18: HERE ARE ALL THE LINKS YOU NEED The deadline to file your income tax return (ITR) for FY 2017-18 is July, 31, 2018 (unless the government decides to extend it). By filing your return on time, along with certain benefits such as carry forward of losses, you will not have to pay a late filing penalty. Remember, if you file your ITR after the deadline you will have to pay late filing fees of up to Rs 10,000. All the ITRs can be filed only in electronic mode expect for certain categories of tax assesses who can file physical ITRs. To file ITR, one must be registered on the e-filing website of the income tax department. Here are all the links you need to help you e-file your tax return by yourself and also a step-by-step guide on how to do it. STEP-BY-STEP GUIDE TO FILE YOUR INCOME TAX RETURN (ITR) 1. Collect required documents such as TDS certificates (Form16), capital gains statement The first step is to collect all the documents you will need to file your ITR such as Form 16, salary slips, and interest certificates. The documents will help you compute your taxable income and will provide you the details of tax deducted at source (TDS) from your income in the FY 2017-18. Form-16, given by your employer, is a TDS certificate. Similarly, if your bank has deducted any TDS on the interest payments made to you, they are required to issue Form-16A. Ensure that all the TDS certificates received by you from all the deductors are in the TRACES format. TDS certificate received by you should be digitally signed. They will bear a check mark indicating that the signature is verified. Non-verified signatures on the TDS certificate will have a question mark over it. You will be required to verify it. You must check that the amount of tax deducted as shown in the TDS certificate matches the amount shown in salary slips. This ensures that TDS deducted by your employer from your income is deposited with the government against your PAN. Similarly, if you have redeemed mutual fund unit in FY 2017-18, you can ask them to provide the transaction statement and capital gains statement for the same. Read more at http://starhealthdevarajan.com/news/547 Call 98401 77017 Devarajan for Your Existing/New Insurance Services, needs, Suggestion, Portability Services, Claims Related Services, etc www.starhealthdevarajan.com #medidlaim #மருத்துவக்காப்பீடு #starhealth