Income Tax Return (ITR) is a method to report gross taxable income from different sources, claiming tax deductions and declaring net tax liability to the Income Tax Department. It is filed by salaried or self-employed individuals, Hindu Undivided Families (HUF), companies or firms. A taxpayer can file the ITR online on the e-portal of the Income Tax Department. The process of filing ITR online is referred to as e-filing. The following article will explain important aspects of e-filing Income Tax Returns.
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