Which Way I should File Income Tax Return? Online, Offline or by TRP?

Most confusing question in the mind of tax payer or assessee is ‘how to file income tax return online, offline or TRP Scheme?’. We are giving here the detail about the ways to file income tax return. You can choose whatever way you want. But you must file income tax return online if you comes under the provisions. Otherwise you can choose any method. You don’t need to file income tax return if you have income up to Rs.5lakh but with some exception. You must note that the provisions mentioned here related to A.Y.2014-15 & A.Y.2015-16.

Mandatory efiling of Income Tax Return

Then following persons must file their income tax return online.

  • Individual/HUF whose total income more than Rs. 5 lakhs or
  • who has any assets in abroad being a resident or signing authority in any foreign account including financial interest in any entity shall be filed income tax return online. It may be by digital signature or under manual signature.
  • Firms submitting their return in ITR-5
  • An assessee required to funish return u/s 139 (4B) in ITR 7.
  • All Companies
  • Individual/HUFs required to get their accounts audited u/s 44AB and companies. They must submit income tax return online under digital signature only.

So if you don’t comes under above situations, you can file income tax return in paper form with acknowledgement slip. But it is not mandatory that you must file paper income tax return or offline return. You have two option now file income tax return online or offline. It is your choice but we recommend file income tax return online because it is easy and fast. No need to attach any document with income tax return whether offline or online.

Income Tax Return through Tax Return Preparer

Any individual having prescribed qualification and training given by income tax department under income tax return preparation scheme having certificate of income tax return is a Certified Income Tax Return Prepare.Income Tax Return Preparer will prepare the income tax return online of specified class or classes of persons not companies and those whose accounts required to get audited u/s 44AB. Income Tax Return Prepare shall help the assesee to prepare and submit the income tax return and put his signature with other detail in the return. He will charge his fees from assesee which may be fixed by income tax department time to time.

Paper Return/Income Tax Return Offline

If you are not required to file income tax return online you can file income tax return on paper/offline with the Assessing Officer of your jurisdiction/area. You have to submit your income tax return/ITR form with acknowledgment slip to your local income tax department in your range/ward.

In some areas the jurisdiction may be different as per classes of assessees not area wise. So you have to submit your income tax return with the Assessing officer having jurisdiction over the particular classes. like salaried person circle, contractor’s circle, Professional circle.

3 COMMENTS

  1. I am a very Senior Citizen having My own Pension and Family pension of My wife. And Interest from Non convertible Bonds. Total less than Rs 5,00,000. Can I get standard deduction on Family pension and if so How much.

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