The easiest way for e-filing Income Tax Returns in India

ClearTax is simple to use and free

ClearTax can read your Form-16 and prepare your Income Tax Return automatically.

How to Deal with Cash Income

Our experts will help you be tax compliant
  • First-time filer? Report income for past 2 years
  • Plan for next year (2016-17) returns
  • File late returns or revise past 2 years’ returns
  • Manage cash income of family members
CA Assisted Filing

CA Assisted Filing

A CA will prepare & e-file your Income Tax Return. Plans start from Rs. 499.
Tax filing for NRIs

Tax filing for NRIs

Tax filing for Non Resident Indians or Indians living abroad.
Help for Income Declaration

Help for Income Declaration

New
Need help with new currency notes and income declaration? Talk to us.

Understand tax implications & Get help with new currency rules

ClearTax is here to help you transition to the new currency rules

Confused about where to start and what are the implications of the new currency changes on you? Don’t panic. ClearTax is here to educate and help.

Help your friends, domestic help, maid, driver by educating them on how to exchange their money. Give them short term loans to help them through the transition. Talk to them about this change.

Step-by-step guide for New Currency Rules
  • 500 & 1000 Notes not be valid from 8th November 2016.
  • New 500 and 2,000 Currency notes will be issued by RBI after 11th November 2016.
  • Deposit the old notes into a Bank or a Post Office from 10th Nov 2016 to 30th Dec 2016.
  • After 30 Dec 2016 till 31 March 2017, old notes will be accepted by select RBI Branches with a declaration.
  • ₹ 500 & ₹ 1000 Notes not be valid from 8 November 2016.
Understand Tax Implications & Impact on you

Confused about where to start and what are the implications of the new currency changes on you?

Read our Full Guide
Frequently Asked Questions

Do I have to go to my bank branch only to exchange and deposit these notes?

For exchange up to ₹ 4,000, you can go to any bank branch with a valid identity proof. For exchanges above Rs 4,000, you will have to deposit the money in your bank branch or any branch of the same bank.

I don’t have an account, but my relative or friend does. Can I get my notes exchanged through that account?

Yes, you can do that as long as the account holder, your relative or friend, gives you written permission to do so. You will have to provide this written permission to the bank and submit your valid identity proof as well.

Can I withdraw cash against cheque?

Yes, cash of up to ₹ 10,000 in a day can be withdrawn against slip or cheque. This limit stands at Rs 20,000 in a week and includes ATM withdrawals as well.

I am not in India right now. What should I do?

If you’re not in India right now and you have old notes in India, you can authorize a person in writing to deposit this money into your bank account. The authorized person will have to visit the bank branch with the money, the authorization letter and a valid identity proof.

How can I report the cash I have as income earned?

You can report the cash you have as income earned over the last 2 years. But simply paying the tax due will not be enough. You will also be required to file a late return.

What should I do if I have already filed my tax return?

You can file a revised return if you have already filed tax returns for FY2015-16 and show the cash you have in your revised returns.

ClearTax Advantage

Your data is safe & private

Data security is our top priority as a tax company.
128 Bit Bank Grade SSL. ISO 27001 Data Centers.

7 minutes & done

Upload your Form-16. ClearTax reads it automatically.
Just review and e-File. In 7 minutes or less.

Expert assistance. Anytime.

Over 1000 CAs to help you. 24/7 support for resolution of your questions.

TDS Returns

The best business software to prepare TDS returns (FVU) online. Regular and correction statements. Support for Form 24Q, 26Q, 27Q (NRI) & 27EQ (TCS).

Know More

Check Refund Status

Isn't refund the best part of filing your taxes? Check the status of your tax return with ClearTax's tax refund status checker.

Check Refund Status

Economic Times ranks
ClearTax as the best tax website in India

1+ million Indians

have filed their taxes through us

40,000+ Companies'

employees filed their taxes with us

1.8+ million hours

saved in tax filing by our platform

No Data entry

Upload your Form-16 PDF. Import your Form 26-AS. ClearTax reads this automatically and fills your tax return.

All tax forms covered

ClearTax automatically selects the correct ITR while you fill your info.
We support ITR-1, 2A, 2, 3, 4S, 4, 5 and 6.

Excellent Support

Find an answer to any tax problems. ClearTax has 1000s of tax guides, videos, experts who answer your queries all day long.