The government extended the deadline for filing an income tax return, the deadline is December 31. To provide relief to taxpayers in view of the current Covid-19 pandemic. Check here the top apps to file ITR online.
The Income Tax Return (ITR) filing deadline for the financial year 2019-20 (assessment 2020-21) earlier would have ended on November 30, 2020. Normally, the due date for filing ITRs for all assessees whose accounts are not required to be audited is July 31. This year the government extended the deadline for filing an income tax return, the deadline is December 31. To provide relief to taxpayers in view of the current Covid-19 pandemic.
“The penalty for ITRs furnished on or before December 31 is Rs 5,000, but doubles that amount for later filings. However, if your taxable income is below Rs 5 lakh, the maximum penalty will be Rs 1,000. On the other hand, if the tax evaded exceeds Rs 25 lakh the punishment could be 6 months to 7 years”, as per the website of the Income Tax Department.
Here is a list of top apps on Android and iOS for easy ITR filing online:
All India ITR:
All India ITR is a certified government e-intermediary. It offers a 100% paperless process and is available on Android and iOS. Users can simply upload images or PDFs of their Form-16 and other documents, after which the system auto-reads the inputs and the forms are filled automatically making it easy to file your ITR on the go.
Clear Tax is one of the most widely used tax apps used in India. The Clear Tax app asks users to select and upload an appropriate form to file the IT return on the basis of the answers. It allows details from users Form 26AS and Form 16 to be imported to the app which facilitates filing an IT return. It is easy to file ITR using a clear tax app.
The Tax Smile app is designed to provide self-help. It frames intuitive questions that have been created considering tax law details in-depth. Tax Smile provides tax knowledge, accuracy, speedy filing, security, and post-filing support. The app calculates taxes due for free and charges only when income tax is filed.
You can also use the H&R Block’s MyBlock app to file your tax returns. It also assigns tax experts if your ITR is complex and you find it difficult to file H&R is a good option. Tax experts are assigned after judging the complexity of an IT return. H&R Block offers a secure tax vault, tax savings, a hassle-free filing experience, accuracy, and transparency.
READ: ITR Filing: How to file Income Tax Return via SBI’s YONO app