How do I correct any mistakes in filling the form?

Why should I file my returns ?

Every salaried employee has to file an Income Tax Return if his total income exceeds Rs. 1,00,000 for male, Rs 1,25,000 for female assessee and Rs.1,85,000 for senior citizen even if tax is deducted at source as per section 139(1).
In view of the modern technology and substantial database being built up by the Income Tax Department, it has become easier for them to identify the probable tax assessees. Moreover filing of income tax returns has benefits especially when you are buying a telephone, a house/property etc. and whenever you need financial assistance from banks/financial institutions.

Why should I file my returns through filemyreturns.com?
We provide you a hassle free service at your doorstep. Our fees include year round tax consultancy, follow-up for refund and facilitation of tax-savings schemes. Apart from this, we also educate you in managing your income and plan your tax for optimum benefits from your hard earned money. Soon we will soon lead you to a gateway of services for your personal financial needs.

Why should I have a PAN ?
We quote herewith India's Finance Minister in his budget speech on February 29, 2000 has emphasised the importance of PAN.
" In keeping with international practice, it is proposed to promote a common business identification number to be used by different agencies and departments. In our context, the Permanent Account Number of income-tax would be that instrument. I hope that in near future, the PAN card will replace the ration card as the primary identification document for a sizeable number of people".
This quote explains the importance of PAN.

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Can I get help when I am filling the form online?
Yes. Help is available at various stages in filling up the relevant forms. The fields have specific popup help as soon as you place the cursor in the field. There are also sections dealing with taxation on various heads of income and other exemptions/deductions available.
In case of any specific query, you can e-mail us at info@filemyreturns.com

Is online filing of Returns facility available?
Almost Yes. We are geared up for online filing of Tax Returns but as per the Income Tax laws the tax form has to be signed by the concerned person, therefore we have to take your signature and submit the original form.It will not be long for the Income Tax Department to accept digital signatures.As soon as the Income Tax Department allows online filing of returns, we will be able to extend the facility to you.

Can I save my data and continue later?
Yes. You can save your data and then complete the form later. Press SAVE & CLOSE button for saving the data.

Is my privacy protected and my data secure?
Yes. We are very clear in our privacy policy and will ensure that there is no violation and all confidential data will be stored in our servers to be accessed through various security checks and only by people who are authorised to handle such data.

How can I save my income from taxation? Are there any exemptions and deductions on my income I can avail of ?
Tax exemptions can be availed of for certain payments and for certain incomes. These have been explained in the Save My Tax section. We have also covered the various deductions under the Save My Tax section.

There are investment schemes whereby you can avail of rebates on the tax payable. This has been elaborated in Plan My Tax.

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Can I get a refund of excess tax paid?
Yes. Tax Paid in excess is to be refunded by the Income Tax Department along with the interest thereon to the assessee. The various aspects of the refund of tax is covered in Get My Refund section.

What if there is a shortfall in Tax Deduction at Source or Advance Tax Paid?
In case there is any shortfall in Tax Payable, i.e. Tax Payable is more than the total of Tax Deducted at service and Advance Tax Paid, the person has to pay the difference in what is known as "Self Assessment Tax". There is an amount of interest which is payable on the shortfall.

Can I have a proof for filing my Income Tax Returns?
Yes. We will be giving the acknowledgment copy received from the Income Tax Department as a proof for filing the return.

When will my returns be filed ? We will ensure that the Return is filed within ninety six hours of receiving all the information required from you. We will reduce this time in case of extreme urgency or necessity.

When will I get my copy of the acknowledgment ?
You will get the copy of the acknowledgment within a week of handing over the necessary papers required by us.

How can I know the status of my Return ?
We shall keep the customer informed about the status of his application at various stages after he hands over the papers to us. The user is able to view the status of forms submitted to us by logging in to our site. The whole process is always kept transparent to the user. Incase you require further clarification, please feel free to contact us at info@filemyreturns.com

What will I do, if I get any notice from the Income Tax Department ?
In case of any notice from the IT Department, you can email us at info@filemyreturns.com and we will be helping you through our panel of experts at a very nominal fee.

How do I correct any mistakes in filling the form ?
Till the papers are handed over to us, you have complete access to change the information. Once the papers are submitted, the user will have to inform us for any change in information within forty eight hours of handing the papers.