The article states that H&R Block India Pvt. Ltd. subsidiary of the global leader in tax preparation and the largest individual tax services company, has begun e-filing returns for the year ended 31st March 2016 i.e. for the financial year 2015-16.
The company is one of the biggest player in the tax filing service industry for individuals. H&R Block aims to simplify taxes for the common man. Apart from this, the company wants to spread awareness on tax filing as a duty of every responsible citizen of India.
The article says that H&R Block has clarified that the IT department has released the ITR forms early this year. This indicates that the government wishes to avoid any extensions in time limits.
So, the advice to taxpayers is that they should plan to file ITR sooner.
Employers release the Form 16 for employees in the month of May, but, employees have the habit of filing only when the due date is near or even on the due date which is 31st July.
The article points out the benefit of early filing of ITR. These include faster processing of refunds, ample time to make sure that you collect all documentation and do not make mistakes and also, revising the returns in case of mistakes.
Source : India Today