ITR A.Y. 2011-12

ITR-1 SAHAJ, ITR 2, ITR 3, SUGAM (ITR-4S), ITR-4, I in excel, word and Pdf Format for A.Y. 2012-13 / Financial Year 2011-12. We have uploaded below ITR 1- Sahaj, ITR 2, ITR 3, ITR-4, SUGAM (ITR-4S), in Excel Word and Pdf Format applicable for Assessment year 2012-13 and Financial Year 2011-12. Full Article

Compulsory / Mandatory E filing of Return with digital signature and without digital signature -We can divide Assessee for Online Return Filing in two categories - one who have to submit returns online but they have the option to submit the same with or without digital signature and Other Category of the Assessee who have to file Return online and only with Digital Signature. Full Article

We have uploaded below ITR one in Excel Format. The form can be used by Individuals who are earning Salary Income to File Income Tax Return For Assessment year 2012-13 or Financial year 2011-2012. the Calculator is in Excel Format and also have a data input sheet in which you can fill all the income and deduction details and it will auto calculate tax and fill ITR with Income Tax Return Acknowledgement. Full Article

We have Given below the Rule 12 of income tax Rules after considering the Income-tax (3rd Amendment) Rules, 2012 made vide Income Tax Notification No.14/2012 [F.No.142/31/2011-TPL]/S.O. 626(E), DATED 28-3-2012 which are applicable from 01.04.2012 i.e. for Assessment year 2012-13. the Rules has been amended to provide that individual and HUF having Income Exceeding Rs. 10 lakh and having Foreign Assets or Interest have to file Income tax Return online. Full Article

The Income Tax (Sixth Amendment) Rules, 2011 are notified with effect from 1 July 2011 to provide that, a firm required to furnish the return of income in Form ITR-5, or an individual or Hindu Undivided Family (HUF) required to furnish the return of income in Form ITR-4 and to whom provisions of section 44AB of the Act are applicable, shall furnish the return of income electronically under the digital signature, with effect from AY 2011-12. Full Article

Notification No. 37/2011 [F. No. 149/68/2011-So (Tpl)], Dated 1-7-2011 Income-Tax (Sixth Amendment) Rules, 2011 - Amendment in Rule 12 - In the Income-tax Rules, 1962 in rule 12, in sub-rule (3), in the proviso, for clauses (a) and (aa) the following clause shall be substituted, namely :—(a) a firm required to furnish the return in Form ITR-5 or an individual or Hindu Undivided Family (HUF) required to furnish the return in Form ITR-4 and to whom provisions of sectio.. Full Article

Who can use this Return Form This Return Form is to be used by an individual whose total income for the assessment year 2011-12 includes:‑ (a) Income from Salary/ Pension; or (b) Income from One House Property (excluding cases where loss is brought forward from previous years); or (c) Income from Other Sources (excluding Winning from Lottery and Income from Race Horses) Full Article

Income tax department has finally released much awaited return preparation software for ITR-1, ITR-2, ITR-3, ITR-4, ITR-4S, ITR-5 and ITR-6. The software’s released by Income Tax department are free and much better than any other private software available. Due Date- The last date for Filing of ITR in respect of Assessees who are liable to Audit is 30th September and for Non-Audit cases it is 31st July. Due date for filing of Return in respect of Individual and HUF who.. Full Article

Income Tax department on 22.05.2011 releases official Free Online Income Tax Return Preparation / Filing Software- ITR-5 (Applicable to partnership Firms and Limited Liability partnership) and ITR 6 (Applicable to Companies). These ITR are related to Income tax Return Filing for Assessment year 2011-12 / Financial Year 2010-11. Income Tax Department has already released software in respect of ITR -1, ITR-2 , ITR-3 , ITR 4 and ITR 4S. Full Article

Income Tax department on 20.05.2011 releases official downloadable Online Income Tax Return Preparation / Filing Software- ITR-4 and ITR 4-5 Applicable for Assessment year 2011-12 / Financial Year 2010-11. Income Tax Department has already released software in repsct of IT -1, ITr-2 and ITR-3. Download ITR 4 and ITR-4S Excel Utility for A.Y. 2011-12 Full Article