- Rokomari Bong Diary

E-FILING & TAXATION

Income tax return e filing courses have been designed for developing employability skills required for the students who are looking for good job in their field like:- Accounting, Finance, Taxation, E-accounting, Direct Taxes like Income Tax and Indirect Taxes like GST(goods and services tax) ,and e-Filing etc. learn how to e-file income tax return online in India. As per section 139(1) of the Income Tax Act, 1961 in the country, individuals whose total income during the previous year exceeds the maximum amount not chargeable to tax, should file their income tax returns (ITR). In this course we help you to learn how to file income . As generally speaking that an income tax is a tax imposed on individuals or entities that vary with the income or profits (taxable income) of the taxpayer. The Details vary widely by jurisdiction. Many jurisdictions refer to income tax on business entities as company's tax or corporate tax.

Taxpayer Submitting Income Tax Return for Assessment year 2017-18 to ensure Incomes/Receipts and deduction claimed matches with Form 16/16A issued by deductor. Electronic Verification Code (EVC) can now be generated by pre-validating your Bank Account details of Punjab National Bank, United Bank of India, etc.

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Proyas Academy (academy made by Rokomari Bong diary team) offers you E-Taxation, "Tax Consultants Course" in (Income Tax, "Regular" / Correspondence-Distance Learning mode. We also offers diploma in taxation course both in direct and indirect taxes, which focus mainly on Income Tax course how to file return to deal with income tax, online tax efiling india, e-filing of it returns, e filing of tax, taxation course online, tax classes online, online taxation courses, tax courses online, online tax classes, online income tax course, online tax courses, online tax class, filing your taxes online, income tax course, education online classes, online tax e filing.

Taxation course covers income tax returns and income from salary, house property, business, capital gain. We have recently added a separate training on income tax e filing titled income tax return e filing in Chennai, the details for the same can be seen here. Basics of income Tax, Online Returns Filing, Audit, Inspection (Record Keeping, Maintenance & Returns).

It is Totally 100% practical course. You can work independently after completed the online course. We will be send you the course material whatever been taught you in the classes. There you can find all the tutorials for your support.

E-FILING OF INCOME TAX- FORMS, METHODS & TYPES

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A user must register at www.incometaxindiaefiling.gov.in

Tax Return Prepare and e filing for IT-Return filing Pre-requisites to register

1) PAN (Permanent Account Number)
2) TAN (Tax Deduction Account Number)

INCOME TAX E-FILING REGISTRATION PROCESS

1) Provide PAN / TAN, Password details, Personal details as per PAN / TAN, Contact details and Digital signature (if available and applicable)
2) Submit request
3) On success, Activation link is sent to user through e-mail and a mobile PIN to mobile number. Click on the activation link and provide Mobile PIN to activate e-Filing account.

Once registered, LOGIN using User ID (PAN/TAN), Password, Date of Birth/ Incorporation and Captcha code.

e-Filing of Income Tax

1) Preparing the Income Tax return off-line using return preparation software, available free of cost at the Income Tax Department e-Filing website and Uploading the Income Tax Return data.
A taxpayer can e-File Income Tax Return from ITR 1 to ITR 7.
2) Submit ITR-1/ITR4S Online– An Individual taxpayer can prepare and submit Income Tax Return- ITR 1/ITR4S-Online. e-Filing of Income Tax Returns (Offline)

STEPS TO DOWNLOAD & GENERATE XML

Income tax e filing Excel Utility –

1) www.incometaxindiaefiling.gov.in e-Filing Home Page
2) Click on the “ITR” under “Downloads”
3) Click on “Download” link and save the ZIP file (Excel or JAVA utility)
4) Extract the downloaded ZIP File
5) Open the utility, Click on “Import Personal / Tax details from XML” –>Browse and attached the downloaded Prefill XML file to populate the personal information and TDS details.
6) Enter all the Mandatory Fields –> Validate all the sheets –> Calculate Tax –> Generate XML.
7) Login using e-Filing user credentials
8) Navigate to “e-File” Tab –> Click on“Upload Return”
9) Select “ITR Form Name” and “Assessment Year” from the dropdown provided.
10) Browse and attach XML file.
11) Select “Do you want to digitally sign?”–>
12) On successful submit taxpayer will get an option to e-verify return.

Income tax e filing AVA Utility –

1) www.incometaxindiaefiling.gov.in e-Filing Home Page
2) Click on the “ITR” under “Downloads”
3) Click on “Download” link and save the ZIP file (Excel or JAVA utility)
4) Extract the downloaded ZIP File
5) Open the utility, Click on “Prefill” –>Enter “UserId”, Password, “DOB/DOI” and select “Prefill Address”(From PAN Details, From previous ITR Form Filed, None) –> click Prefill
6) Enter all the Mandatory Fields –> Calculate Tax –> save XML.
7) Click on “Submit” –>Enter “Password” and select “Do you want to digitally sign?” –>Submit

E-FILING TAX RETURN PROCESS & SUBMISSION OF ITR1/ITR 4S ONLINE

The taxpayer has the option of submitting ITR 1/ITR 4S by way of Uploading XML OR by Online submission

How to e-File Online ITR (ITR 1 and ITR 4S) –

1) www.incometaxindiaefiling.gov.in e-Filing Home Page
2) Login using e-Filing user credentials
3) Navigate to “e-File” Tab –> Click on “Prepare and Submit Online ITR”
4) Select “ITR Form Name” from the drop down (ITR-1 or ITR-4S)
5) Select “Assessment Year” –> Select the Radio button “Prefill Address with” to auto populate the address –> Select the Radio button if DSC is applicable –> Click on “Submit”
6) Enter the mandatory details in the online form –> Click on “Submit”

Note:

1) To e-File using DSC, it should be registered in the e-Filing application.
2) If the Income Tax Return is digitally signed or electronically verified, on generation of “Acknowledgement” the Return Filing process is complete. The return will be further processed and the Assessee will be notified accordingly. Please check your emails on these notifications
3) If the return is not e-Filed with a DSC (digitally signed) or EVC (electronically verified), an ITR-V Form will be generated. This is an Acknowledgement cum Verification form. A duly verified ITR-V form should be signed and submitted to CPC, Post Bag No. 1, Electronic City Post Office, Bangalore – 560100 by Ordinary Post or Speed Post (without Acknowledgment) ONLY, within 120 days from the date of e-Filing.
4) On receipt of the ITR-V at CPC, the return will be further processed and the Assessee will be notified accordingly.

E-FILING TAX RETURN WITH REGISTER DIGITAL SIGNATURE CERTIFICATE (DSC):

Follow the below steps to register DSC in e-Filing of income tax

1) www.incometaxindiaefiling.gov.in e-Filing Home Page
2) Login with e-Filing user id and credentials
3) Navigate to “Profile Setting” Tab –> Click on “Register Digital Signature Certificate”
4) Download “ITD e-Filing DSC Management Utility” from the link provided in e-Filing website Extract the downloaded DSC Utility –> Open the Executable Jar File (DSC Utility)
5) “Register/Reset Password using DSC” – tab
6) Enter e-Filing User ID, Enter PAN of the DSC, Select the type of DSC
7) DSC using .pfx file
8) Select the Type of DSC .pfx file
9) Browse and attach the Keystore file (.pfx File)
10) Enter the password for your private key
11) Click on “Generate Signature file”
12) DSC using USB token
13) Select the Type of DSC (.pfx file or USB token) USB Token
14) Select USB Token Certificate –> Click on “Generate Signature File”
15) Browse and attach the signature file using the browse option –> “Submit”,

Income tax return e-Verification

The below are the options provided to electronically verify the returns
Option 1: e-Verification using e-Filing OTP (only available if Total Income is less than or equal to Rupees 5 Lakhs and Refund or Tax payable upto 100 Rupees.
Option 2: e-Verification using NetBanking login
Option 3: e-Verification using Aadhaar OTP validation.
Option 4: e-Verification using Bank ATM (SBI)
Option 5: e-Verification using Bank Account Number (PNB)
Option 6: e-Verification using Demat Account

No Further actions required by the taxpayer post e-Verifying the Return

HOW TO FILE INCOME TAX RETURN ELECTRONICALLY:

Option 1: e-File without Digital Signature Certificate. In this case an ITR-V Form is generated. The Form should be printed, signed and submitted to CPC, Bangalore, using Ordinary Post or Speed Post ONLY within 120 days from the date of e-Filing. There is no further action needed, if ITR-V Form is submitted.
Option 2: e-File the Income Tax Return (ITR-V) through an e-Return Intermediary (ERI) with or without Digital Signature Certificate (DSC).
Option 3: Use Digital Signature Certificate (DSC) / EVC to e-File. There is no further action needed, if filed with a DSC / EVC.

The Digital Signature Certificate (DSC) used in e-Filing the Income Tax Return/Forms should be registered on e-Filing application.