ITR

  • Aug
  • 07

Solution for error ‘Cannot read the xml file’ occurring while uploading ITR XML File

I have saved the xml file in my computer but while uploading system is giving the error “Cannot read the xml file? What should I do ? Ans. Kindly set the Internet Explorer Security Settings to Low as per following steps :a) In case of windows professional/vista, thenGo to Control Panel — Java — General —Settings Kindly uncheck the „Keep Temporary Files on my computer “and click the „Delete Files‟button and press OK. Close your existing browser and open a new browser.

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  • Aug
  • 06

Inconsistencies in ITR which need to be avoided for accurate processing of I-T Return

Data Inconsistency issues which need to be avoided for accurate processing. 1. Set off of brought forward loss claimed, but Schedules BFLA / CFL not filled ……. Year of loss not indicated in CFL. 2. Profit before tax (at serial No. 43 of Sch. P & L Account) differs from Profit from business at serial 1 of Sch. B P 3. Depreciation claimed in Sch. BP – but Sch. DEP / DPM / DOA not filled in / Depreciation debited in Sch. P & L Account not added back in Sl. 11 of Sch. BP. 4. Special benefit for female claimed – Gender in PAN database is Male.

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  • Aug
  • 06

Common Errors while Filling, validating or uploading ITR

Why do I get an error message at the time of submission/uploading of return ? What is to be done if taxpayer get NULL error, while uploading the xml file ? I have saved the xml file in my computer but while uploading system is giving the error “Cannot read the xml file? What should I do ? What to do when there is an Error in uploading the xml? Validate button is not working in Return Preparation software provided by the Department.

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  • Aug
  • 06

e-Filing of Returns – FAQ – Process, Password, Registration, Due Date, ITR Applicable

What are the steps in brief to upload the tax returns on this website? I have forgotten my password. What is to be done to retrieve it ? What to do if there is an INTERNAL ERROR at the time of registration? In case, taxpayer has entered the wrong email-id during registration and taxpayer is not able to activate its user id, what is to be done by taxpayer to activate the account ? Can a LEGAL HEIR file the return of the deceased assessee for compulsory DSC cases ? y Challan of payment of Advance Tax or Self Assessment Tax does not contain correct PAN or Assessment Year. Will the claim be allowed? The last date of filing falls on Saturday or Sunday. Can I file my e-return on subsequent Monday?

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  • Aug
  • 03

Dos and Don’ts for printing & submitting of ITR-V

1)                  Please use Ink Jet /Laser printer to print the ITR-V Form. 2)                  The ITR-V Form should be printed only in black ink. 3)                  Do not use any other ink option to print ITR V. 4)                  Use of Dot Matrix printer should be avoided. 5)                  Ensure that print out is clear and not light print/faded [...]

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  • Aug
  • 01

e-filing of Return not compulsory for Agents of non-residents & Private discretionary trusts

(i) it will not be mandatory for agents of non-residents, within the meaning of section 160(1) (i) of the Income –tax Act, if his or its total income exceeds ten lakh rupees, to electronically furnish the return of income of non-residents for assessment year 2012-13; (ii) it will not be mandatory for ‘private discretionary trusts’, if its total income exceeds ten lakh rupees, to electronically furnish the return of income for assessment year 2012-13.

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  • Jul
  • 31

Income Tax Return Filing Due Date Extended to 31st August 2012

In view of difficulties faced by taxpayers in filing Income tax Returns CBDT has extended last date for filing of Return for Companies and persons not subject to tax Audit for the A.Y. 2012-13 to 31st August 2012 from existing 31st July 2012.

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  • Jul
  • 31

Download Free e-filing Excel Software for ITR 1, 2, 3, 4, 4S,5, 6 for A.Y. 2012-13

Income Tax Department has enabled online submission of ITR-1 (SAHAJ), ITR-2 & ITR-4S (SUGAM), ITR 5, ITR 6, for Assessment Year 2012-13. These software can be used to file Income Tax Return Online.

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  • Jul
  • 31

Download ITR 1 ITR 2 ITR ITR4S ITR4 ITR 5 ITR 6 ITR 7 in excel & Pdf format for A.Y. 2012-13

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.

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  • Jul
  • 28

ITR -7 For A.Y. 2012-13 / F.Y. 2011-12

NOTIFICATION No. 29/2012 In the Income-tax Rules, 1962, in Appendix-II, for Form ITR-7, the following Form shall be substituted, namely:- INDIAN INCOME TAX RETURN – [For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D)]

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