ITR A.Y. 2011-12

Itr 4 -Who can use this Return Form? This Return Form is to be used by an individual or an Hindu Undivided Family who is carrying out a proprietary business or profession. Annexure-less Return Form- No document (including TDS certificate) should be attached to this Return Form. All such documents enclosed with this Return Form will be detached and returned to the person filing the return. Full Article

ITR-3 This Return Form is to be used by an individual or an Hindu Undivided Family who is a partner in a firm and where income chargeable to income-tax under the head “Profits or gains of business or profession” does not include any income except the income by way of any interest, salary, bonus, commission or remuneration, by whatever name called, due to, or received by him from such firm. In case a partner in the firm does not have any income from the firm by way of.. Full Article

FORM ITR-2 Who can use this Return Form? This Return Form is to be used by an individual or an Hindu Undivided Family whose total income for the assessment year 2011-12 includes:- (a) Income from Salary / Pension; or (b) Income from House Property; or (c) Income from Capital Gains; or (c) Income from Other Sources (including Winning from Lottery and Income from Race Horses) Further, in a case where the income of another person like spouse, minor child, etc. is to .. Full Article

ITR-1 SAHAJ, ITR 2, ITR 3, SUGAM (ITR-4S), ITR-4, ITR 5, ITR-6, ITR-7 in Hindi font for A.Y 2011-12 / Financial Year 2010-11. ITR- SUGAM (ITR-4S) in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-7 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-6 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-5 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-4 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-3 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-2.. Full Article

1. What is SAHAJ? 2. Who can use SAHAJ? 3. Who cannot use SAHAJ? 4. Can I annex Form 16/FORM 16A to SAHAJ? 5. Who are obligated to File SAHAJ? 6. In what ways can I file this return? 7. What are the unique features of SAHAJ? How is SAHAJ Better than SARAL. 8. Can I use SAHAJ if I have carry forward Losses? 9. Please explain me how to use SAHAJ for Filling Schedules from Form 26AS? This is available in the Instructions, Please refer to the same 10. Can I use SAHAJ for de.. Full Article

1. Why are the forms being Modified – Key Imperatives? Centralized Processing Center’s have been set up all over the country with the primary objective of processing returns on a bulk processing basis instead of case by case Processing. CPC would be the fulcrum of faster processing and world class Taxpayer Services. The automated environment at CPC requires forms to be designed in manner which would double the digitization productivity [ Digitization is conversion of.. Full Article

NOTIFICATION NO 18/2011 - The return of income required to be furnished in Form SAHAJ (ITR-1) or Form No. ITR-2 or Form No. ITR -3 or Form SUGAM (ITR-4S) or Form No. ITR -4 or Form No. ITR-5 or Form No. ITR -6 shall not be accompanied by a statement showing the computation of the tax payable on the basis of the return, or proof of the tax, if any, claimed to have been deducted or collected at source or the advance tax or tax on self-assessment, if any, claimed to have be.. Full Article

Income Tax returns 2011 - Only Colour Forms; No Black and White - FOR the new Income Tax returns, No Black and White forms will be accepted and only standard forms with appropriate colors prescribed, fonts used, paper size, paper quality, Bar Code Values will be accepted by the department . Full Article