With the introduction of new annexure less ITR forms by the government, the complications for the taxpayer has increased rather than reducing. It is difficult to comprehend the tax forms for the common taxpayer without the help of a professional CA or advocate.
The problems increase much more for those assessees who have shallow taxation knowledge or have no spare time to file their annual returns.
Now here is an easy online option. Hyderababd based Yureeka.com has launched free online preparation of Income Tax Returns which uses a simple step wise procedure to calculate the tax liability.
Though the site offers returns for only ITR 1, 2 and 3 formats but these are sufficient to cater to individual tax payers.
TV18 group has an option of a paid Income Tax filing service through ‘Simple Tax’. It also offers pickup and submission services with additional charges in select 11 cities.