The government has extended the deadline for filing an income tax return, which is December 31. To provide relief to taxpayers in the face of the current Covid-19 pandemic. Check out the top apps to submit ITR online here.
The deadline for filing the income tax return (ITR) for the 2019-20 financial year (2020-21 assessment) would have expired earlier on November 30, 2020. Typically, the due date for filing ITRs for any reviewer whose accounts are not required to review is July 31st. This year the government extended the deadline for filing an income tax return to December 31st. To provide relief to taxpayers in the face of the current Covid-19 pandemic.
“The fine for ITRs filed on or before December 31st is Rs 5,000, but doubles that amount for later filings. However, if your taxable income is less than Rs 5 lakh, the maximum penalty is Rs 1,000. Tax evasion exceeds Rs 25 lakh, the penalty could be 6 months to 7 years, “according to the income tax department’s website.
Here is a list of the top apps for 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 for Android and iOS. Users can easily upload images or PDFs of their Form-16 and other documents. The system then reads the entries automatically and the forms are filled out automatically so that you can easily file your ITR on the go.
Clear Tax is one of the most widely used tax apps in India. The Clear Tax app prompts users to select and upload an appropriate form to submit the IT declaration based on the responses. It enables the import of details from users Form 26AS and Form 16 into the app, making it easy to submit an IT return. It’s easy to submit ITR with a clear tax app.
The Tax Smile app offers self-help. It contains intuitive questions created with careful consideration of tax law details. Tax Smile offers tax knowledge, accuracy, quick filing, security, and post-filing assistance. The app only calculates taxes and fees due for free when income tax is filed.
You can also use H&R Block’s MyBlock app to file your tax returns. Tax experts are also used if your ITR is complex and you are having difficulty filing an H&R. This is a good option. Tax experts are employed after assessing the complexity of an IT ROI. H&R Block offers a secure tax deposit, tax savings, a hassle-free filing experience, accuracy and transparency.
READ: ITR Filing: How to File Income Tax Return Using SBI’s YONO App