Benefits of Online Return Submission for the Taxpayer
- The process is less expensive and less time consuming- faster than filling paper tax return forms.
- Anytime, anywhere access- Taxpayer can access his/her accounts by sitting any where in the world either on an internet enabled PC or on a mobile. The system is totally online, so the taxpayer doesn't require to install any software.
- Taxpayer can get immediate automatic feedback of successful submission.
- Taxpayer can get acknowledgement slip through online (within 48 office-hours) as soon as LTU receives correctly submitted tax return.
- It is safe and secure- The Tax payer will receive an 'Activation PIN' (personal identity number) to create his/her account. The process is secured and information will be transferred directly from Taxpayer's PC to the LTU systems.
- Accuracy-There exists proper guideline and validation system to ensure that the user can enter data correctly and fill all the mandatory fields of the tax return form.
- Taxpayer can monitor and maintain 'account' online anytime- this includes any types of Information regarding LTU and statements of pervious tax returns history and currently submitted return. Also can print out a copy for his/her records.
- Automatic or manual (by LTU) online reminder system about the Deadline for tax return submission.
- It has Online feedback or inquiry system - so that the taxpayer can communicate with LTU easily regarding any problem or incase he/she needs to extend the submission deadline.
Benefits of online return submission for LTU Management
- Admin Panel- This system includes a customized admin panel to maintain and monitor the whole system.
- Online Check- DCT(TPSW) can read tax returns, mark a transaction to be audited, place comments for internal consumption and then he sends acknowledgement to taxpayer. Once acknowledged, it can't be modified.
- There is a unique search facility to find any particular taxpayer and any return information easily.
- Proper Data Management- LTU will have all the data stored in a safe and secured database system. From where they can access any data anytime.
- Proper communication with the Taxpayer- LTU can maintain proper and faster communication with the Taxpayers through this online system- which includes posting news, sending messages/Feedbacks to individuals.