Personal Finance and Money Management

a. Prepare your return using tax preparation software: Enter your ie tax data, such as, PAN, ie, deductions, and TDS. Review your data forpleteness and accuracy; and, generate your electronic return in XML format.

b. Upload your XML format return on ie tax department website. Upon successful uploading, it will generate an acknowledgement form called ITR-V. If you do not use digital signatures, then you have to submit the ITR-V at the ie tax counter.

* If you do not wish to e-file, then you can print your ITR1 or ITR2 and deposit it at the nearest ie tax office or counter.

* Return filing statistics indicate that more than 33% of the returns are filed in the last two weeks of the return filing date. And, a very large number of returns are filed on the last date of filing returns.

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