A. Taxpayers are requested to note the followings in connection with pre-filling of ITRs-

1.Pre-filling of ITR is only for the taxpayer’s convenience. Taxpayers should verify the pre-filled data carefully and add any other taxable income which is not pre-filled.

2.Last date for filing of TDS statement and issue of TDS certificate by Deductor is 30th June, 2019 and 10th July, 2019 respectively. In case the TDS data is not pre-filled, taxpayers are expected to fill these details themselves.

B. Consequent to changes made in Income Tax Return Preparation Software and Schema for AY 2019-20,Please note the below

1. Already saved draft data will not be available in case of Online ITR 1 & 4

2. In case of Offline utilities, XML has to be re-generated using the latest Income Tax Return Preparation Software.

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2 Comments

  1. K Mahabaleswara Setty says:

    I need clarification
    The 26As and 16A form has accrual basis interest income and TDS. The same is reflected in Pass book entry
    A) How it is presented in a) profit and loss account
    B) how it is presented in Balance Sheet
    C) How it is presented in IT return

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