Now it is compulsory to e-file Income tax return by the assesse who has income above taxable limit in a year. Number of assesses who file manual return will be limited as the tax payers who are coming under the income limit are compulsorily needs to file Income Tax returns online.
To file Income Tax return online the return file should be in xml format. For preparing computation, Tax Liability and Income Tax Returns by using particular Income Tax return forms i.e. ITR 1, ITR 2, ITR 3, ITR4, ITR4S, ITR5 etc, proper software is required.
There are many software developers offering software to prepare Income Tax Returns. Most of them are quality assured and user friendly. Software developed by Private Vendors needs to be purchased for a cost every year.
Free software available in the website of Income Tax Department
With an aim to encourage the tax payers to file tax return online and to promote e-filing, Central Board of Direct Taxes has released Microsoft Excel based Income Tax software. This software is free of cost and can be downloaded from the website of income tax department.
Income Tax return forms like ITR 1, ITR 2, ITR 3, ITR4, ITR4S, ITR 5 etc can be downloaded from this website. Those who want to file previous year returns or revised return also can download the Income Tax Return form from the same website.
This website is also provided with Income Tax forms other than Income Tax Return forms.
Free Income Tax Return filing software can be downloaded from the below mentioned link:
https://incometaxindiaefiling.gov.in/
Income Tax Return Software prepared by Private Vendors
and Authenticated by the Department
Those who want to file Income Tax Return of big business organizations with complex calculations can use the Income Tax Return Software developed by private vendors and authenticated by the Department. These software are user friendly and easy to operate. It also contains many additional facilities like maintaining data related to employees, organisations etc, preparing form No. 3CD and many other forms, billing etc.
Recommended for Reading:
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