Things to Know Before Filing Income Tax Return (ITR) | Manyaxis
Many people, especially new tax payers, find filing their Income Tax Return complicated. But it's necessary to file your return. If you're entitled to a tax refund, filing your return will help you get it back and if you have taxes due you can pay them. You wouldn't want to delay paying your taxes and risk getting into trouble, would you? We thought we'd make things a little easier for you by putting together a few important things you should know before you file your Income Tax Return. Firstly, for salaried individuals whose taxable income is more than Rs. 5 lakh, it is mandatory to e-file their Income Tax i.e. mandatory to file their ITR online. Now there are various options available to file your ITR: Visit government website ( and file your ITR yourself for free. Find a reputed tax consultant online with a user friendly website. They charge a filing fee ranging from around Rs.250 to Rs.1500 (depending upon the complexity of your case), but