Fill Income Tax Return With Form 16
Income tax is something that every individual above annual income of 2.5 lakhs has to pay. Both salaried individuals as well as business owners have to contribute to nation building by paying income tax. Filing tax return is also considered an arduous task by people because of the complexities it involves. People on mere mention of tax return start thinking about CAs, Lawyers, and Accountants. But times are changing now. Like all walks of life, technology has done a great job in easing this process. Now you can easily file tax returns within a few minutes and that too sitting at home!
Filing income tax return with form 16 is inevitable in today’s times. Lets us discuss it.
The part A of Form 16 is generated and downloaded through the TRACES portal, by the employer. Before issuing a certificate, it is authenticated for the credibility of its contents by the employer. To fill Income Tax Return with Form 16, certain key points of the components of Part A are to be considered.
- Name and address of the employer
- TAN & PAN of employer
- PAN of the employee
- Summary of tax deducted & deposited quarterly, which is certified by the employer
The part B of the form is just an Annexure of part A.
There are many mobile apps that help you file income tax return in just a few taps.
Out of these apps, the best app to file an Income tax return is Hello Tax. Hello Tax is known for its amazing user interface which is simple to use and comprehend by any layman.
One just needs to upload his/her form no.16, rest everything else is taken care of by the app itself. Filing income tax return with form no.16 is a child’s play on this app as it automatically calculates your income tax. The app comes with various features like Quick Income Tax Refund Status, Income Tax Transaction History, Tax Calculator, PAN card details, Form 16 Storage, etc.
This ITR E filing app is an easy, cost-effective, and user-friendly tax return filing app for millions of taxpayers in India. You can use it to easily file tax return for FY 2017-18 as well as AY 2018-19. It is specially a boon for service individuals to Income Tax Return with Form 16. By using this amazing app to file Income Tax Return with Form 16, one can easily file tax return in just a few steps and track return status thereafter. This App works according to the rules and regulations of the Government of India and is a Safe and Secure app. The information you share on this ITR Filing app is fully secured.