Aadhar card not necessary to file IT returns
Posted on: 25/Jul/2015 11:12:08 AM
During this part of year people will be running from pillar to pillar to file their income tax returns. This year, however, you could take things easy as the deadline has been extended to August 31. The controversial and cumbersome provisions for mandatory disclosure of expenditure on foreign trips and bank balances have been dropped. New provisions have also been introduced, but in a much simpler form.
The forms that were notified recently were withdrawn given widespread opposition for stringent disclosure norms. People opposed the idea of sharing information about foreign trips and bank balances. The new forms have done away with detailed disclosures but they still ask for information on your foreign trips and bank account albeit indirectly.
Many more changes have been made in the ITR forms.
Considering that many taxpayers have more than one house property but do not have capital gains, the finance ministry has proposed a new Form - ITR-2A - to simplify the process.
The good news is that Form ITR-2 and the new Form ITR-2A will not be more than three pages, and information will be captured in the schedules if applicable.
An official from the Income Tax Department has mentioned, Those of who have Aadhar Card, there is a special column to fill it. Those of who dont posses the Aadhar Card, they need not fill the details. There is no official communication stating that Aadhar Card is mandatory. There are 12 counters to file in the income tax returns in Chennai and 2 counters in Tambaram. There are 53 people who will assist people to fill the income tax forms. A nominal charge of Rs 250 is being collected.
