•The assessee has to give details of the Form 16 filled by him during the process.

•Once he verifies that the information provided by him is correct, an XML file of his return is generated automatically.

•The assessee then has to fill the verification form known as ITR-V that needs to be verified at the nearest income tax office within 15 days of filing the return online after which an acknowledgement receipt is generated by the Income Tax department.

Benefits of e- filing of tax returns:

a)It enables a person to file his returns from anywhere and at any time. Also the hassles of long hours of waiting in the queue at the income tax office are removed.

b)Time needed for processing returns is very less.

c)As soon as the assessee completes the form, the taxable amount attributed to him is automatically calculated.

d)It generates an acknowledgement slip confirming the acceptance of the return form immediately after the form is successfully uploaded.

e)It is a safe and secure mode of filing returns due to the presence of security certificate.

For more details, visit the tax section of rupeetimes.com