This app helps calculate tax payable for the current year and also gives a timeline for previous tax returns and refunds.
The application has a one-time password (OTP) based registration process to secure and identify the user. The tax return status checking feature gives a quick and accurate timeline of income tax status for a given financial year.
“This free app service fills a huge gap in the market today, giving end users access to their income tax information in seconds. Now, individuals can find out their refund or demand status without having to go through any tax professional. This app has been conceptualised because of the many such requests that we keep getting on our helpdesk,” said Saakar Yadav, managing director of MyITreturn.
The app also gives status of five years returns alongwith confirmation of receipts of signed ITR V (income tax return form V) receipt by the IT department. The app has recorded 30,000 downloads in the last five days, said Yadav.
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