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Tuesday, May 19, 2015

Bank of India ties up with returns filing portal

Bank of India (BoI) has tied up with income-tax returns filing portal to facilitate e-filing of returns.

The tie-up enables Bank of India customers and employees to e-file their income-tax returns through the website.

Customers can also avail of various tax services by downloading the myITreturn app on their mobile phones. At present, several free features are being given to app users such as calculation of tax liabilities, e-filing status, and others. So far, more than 40,000 users have downloaded this app.

Saakar Yadav, MD of MyITreturn said, “Bank of India has one of the largest branch networks among the public sector banks in India, thereby expanding access to the myITreturn website and app service. We built myITreturn on the idea wherein one can finish filing his or her tax returns within 15 minutes. We want more and more people to avail themselves of our services through our website and mobile app.”

MyITreturn is currently in discussion with the Income-Tax Department to roll out additional security features in the upcoming version of the app so that they can provide services such as mobile e-filing of income-tax returns.

Now, one can log on to the website and file his or her income-tax return within few minutes. Also, the app is completely free to use, and is currently available for Android users on the Google Play Store or users can go to

Source : Thehindubusinessline


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