All the individuals and business entities, other than those who are not liable to get their accounts audited are required to submit their return of Income by 31st July of the Assessment Year. For most of the individuals, it’s the time to file return of the financial year 2010-11 and the deadline of 31^st July is not so far.

So, all individuals other than audit tax payer, who has earned income during the year should be prepared to file their returns on time.

The return of income can be filed either manually or online. But, the online income tax filing scores over the historic manual filing of return of income as it is much more hassle free and simple, there is lesser risk to filing in wrong due to its validation process, returns can be filed any time and from anywhere.

Things which must be ready before filling return are:-

· Copy of PAN Card

· Collect your Form 16 / Form 12BA from your current employer or previous employer in case of change of employment if any

· Collect all your updated bank statements and TDS Certificates, if any, from your bank

· Collect certificate and details of the Loan of House or Vehicle if any.

· Collect the proof of investments and expenses to claim deduction.

· Statement of transaction of Mutual Funds, Shares & Stocks and Property if any.

· Collate complete details of other tax investments

· Collate all Advance tax challan and self assessment tax challan.

Further, the most important thing one should do before filing return is to check tax credits in 26AS statement before filing IT return for faster processing and quick refunds. Form 26AS ensures correct credit for the tax paid or deducted. Further it helps to avoid demand notice from the Income Tax Department and ensures seamless processing of returns at the Income Tax Department and speedy issue of refunds.

Taxmantra.com offers most comprehensive income return filing/ income tax returns service with the sole object of making your life easy. We just require your salary certificate/ other income details to file return of income.

Taxmantra.com provides most hassle free tax return filing/ online return filing experience. Once you have collected, your salary certificate and other documents, we request you to please log in to www.taxmantra.com or you can also directly mail at info@taxmantra.com your salary certificate/ form 16 and other details. Upon receiving the documents, we would contact you to file your return of income.