Release of Return Preparation Software: Software for preparing ITR 1 & ITR 4S in Java, Excel & Online for AY 2015-16 are now available for e-Filing. ITR 1 & ITR 4S can also be filled and submitted online after logging to the e-Filing website. E-filing of ITRs 2 and 2A will be enabled shortly.
ITR Utility for ITR 1, ITR 2, ITR 2A & ITR 4S in both Java and Excel form can be downloaded from following e-filing website of Income Tax Department.
Use of Third Party Software by Assessee
The Income Tax Department has provided free return preparation software in the downloads page as well as facility for online ITR submission for ITR 1 & ITR 4S which are fully compliant with data quality requirements. However, there are commercially available software or websites that offer return preparation facilities as well. In order to improve the data quality received through in ITRs prepared through such commercially available software, various types of validation rules are being deployed in the e-Filing portal so that the data which is being uploaded can be validated to a large extent. Taxpayers are advised to review the same to ensure that the software that is used is compliant with these requirements to avoid rejection of return due to poor data quality or mistakes in the return. Software providers are strictly advised to adhere to these rules to avoid inconvenience to the taxpayers who may use their software.
A new functionality to facilitate the Third Party Utility Providers for Income Tax Returns to register in e-Filing portal in order to get the Software Provider ID and Digest Value which are required to generate Hash value in ITR Utilities. It may be noted that initially only those software providers whose software have been used to file at least 1000 returns for AY 2014-15 would be considered