The last date to file Income Tax Return (ITR) is near and people whose income is above the minimum exemption limit are rushing to file ITR; to avoid paying a hefty penalty. Previously, the last date to file ITR or Income Tax Return was July 31st but it has been extended to August 31st.
ITR must be compulsorily filed online; except for super senior citizens who are allowed to file ITR offline (Paper Form). You can file ITR online through the income tax's e-filing ITR website. Many people make mistakes while filing ITR online and fall prey to frauds. There have been many instances where people have lost money while filing ITR online.
The Income Tax Department has alerted taxpayers on frauds that can take place online. In an alert issued by the IT department, it stated, “The Income Tax department never asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through email.”
An alert has been given by the income tax department for the phishing scam. Phishing is the most common technique used by fraudsters to steal sensitive information. The information which fraudsters target includes usernames, passwords, credit card details, bank account details, and net banking details. This fraud is carried out via email. Fraudsters send emails by posing as the genuine entity.
To cheat taxpayers, fraudsters send emails claiming to be from the Income Tax Department. The email might say there are technical issues and ask you to resubmit personal details, card information, account details and so on. They even send an email stating you have received a tax refund. To credit the tax refund to your account, you will be asked to provide personal banking information.
The IT department has also alerted taxpayers stating, “The Income Tax Department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank or other financial accounts.”
Here is how you can file ITR online and avoid fraud
1. To file ITR, you must register on the Income Tax Department's e-filing portal -- incometaxindiaefiling.gov.in by using your Permanent Account Number (PAN).
2. After registering, you need to prepare and submit your tax returns.
3. Once the return is submitted; you must verify your returns using the Electronic Verification Code (EVC) or Aadhaar OTP or digital signature certificate.
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