Monday 10 February 2014

Amendments to Auditor's Report Format

Following are the Official ICAI Announcements regarding the Auditor's Report Format, click on the respective announcement to know in details 

How to efile Income tax return ?


Option 1 - Fill Return Offline and Upload XML

Steps to file return offline
1. Download the applicable ITR form from Downloads
2. Fill it offline
3. Generate XML and save it on the desktop.
4. Register on e-Filing website using your PAN
5. LOGIN to the portal.
6. Go to e-File - Income Tax Return - Upload Return

Option 2 - Prepare and Submit ITR 1 Online

Steps to file your ITR-1 online-
1. Register on e-Filing website using your PAN
2. LOGIN to the portal.
3. GO TO e-File - Income Tax Return - Prepare and Submit
Online

S. No.
Sources/Details of Income
Individual
Individual, HUF
ITR-1
ITR-2
ITR-3
ITR-4
ITR-4S
1Income from Salary/PensionYesYesYesYesNo
2Income from Other Sources (only Interest Income or Family Pension)YesYesYesYesNo
3Income/Loss from Other SourcesNoYesYesYesNo
4Income/Loss from House PropertyNoYesYesYesNo
5Capital Gains/Loss on sale of investments/propertyNoYesYesYesNo
6Partner in a Partnership FirmNoNoYesYesNo
7Income from Proprietary Business/ProfessionNoNoNoYesNo
8Income from Presumptive BusinessNoNoNoNoYes
9Details of Foreign AssetsNoYesYesYesNo

S. No.DetailsITR Form No.
1For Firms, AOPs and BOIsITR 5
2For Companies, other than companies claiming exemption under section 11ITR 6
3For person required to furnish return under section 139(4A)/ (4B) / (4C)/ (4D)ITR 7