Presentation on e-Filing

What is e-Filing The process of electronically filing Income tax Returns/Forms through the internet is known as e-Filing. e-Filing of Returns/Forms is mandatory for • Individual/ HUF having total income of Rupees 10 Lakhs and above for AY 2012-13 and subsequent Assessment years. • Individual/ HUF, being resident, having assets located outside India for AY 2012-13 and subsequent Assessment years. • Individual/ HUF/ Firm auditable u/s 44AB of the IT Act, 1961 for AY 2011-12 and subsequent Assessment years. • All companies

Types of e-Filing Types of e-Filing e-File without using Digital Signature e-File through e-Return Intermediary e-File using Digital Signature Generate ITR-V Send to CPC, Bangalore Generate and Print Acknowledgment form. No further action is required. With DSC Without DSC

Types of e-Filing There are three ways to file Income Tax Returns electronically: Option 1 - Use Digital Signature Certificate (DSC) to e-File. There is no further action needed, if filed with a DSC. Option 2 - 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 (without Acknowledgment) ONLY within 120 days from the date of e-Filing. There is no further action needed, if ITR-V Form is submitted. Option 3 - e-File the Income Tax Return through an e-Return Intermediary (ERI) with or without Digital Signature Certificate (DSC). Note: • It is mandatory to file Income Tax Forms using Digital Signature Certificate (DSC) by a Chartered Accountant. • The Digital Signature Certificate (DSC) used in e-Filing the Income Tax Return/Forms should be registered on e-Filing application.

Pre-requisite for registration in e-Filing application A user must register at www.incometaxindiaefiling.gov.in Pre-requisites to register PAN (Permanent Account Number) Membership with ICAI - For Chartered Accountant Registration process - Provide PAN, Password details, Personal details as per PAN, Contact details and Digital signature (if available and applicable) - Submit request On success, Activation link is sent to user through e-mail. Click on the activation link and activate e-Filing account. Once registered, LOGIN using User ID, Password and Date of Birth/ Incorporation

How to e-File? An Income Tax return can be e-Filed by: Uploading Income Tax Return- A taxpayer can e-File Income Tax Return from ITR 1 to ITR 6. Submit ITR-1 Online- An Individual taxpayer can e-File Income Tax Return – ITR 1 Online. To know more on the process, see further.

Upload Income Tax Return GO TO ‘Downloads’ and download the excel utility of relevant ITR Form Start Fill Excel, Validate, Generate XML and Save LOGIN and GO TO ‘e-File’  ‘Upload Return’ Browse and select the XML file Sign using registered valid DSC (if available and applicable) SUBMIT Generate and Print Acknowledgment form. No further action is required. Generate ITR-V Send to CPC, Bangalore Is I-T Return digitally signed? End NO YES

To upload Income Tax Return: Step 1 - GO TO 'Downloads' section and select applicable Income Tax Return Form of the relevant Assessment Year . Step 2 - Download the excel utility of the Income Tax Return (ITR). Step 3 - Fill the excel utility and Validate. Step 4 - Generate an XML file and save in desired path/destination in your desktop/system. Step 5- LOGIN to e-Filing application and GO TO --> e-File --> Upload Return. Step 6 - Select the Income Tax Return Form and the Assessment Year. Step 7 - Browse and Select the XML file Step 8 - Upload Digital Signature Certificate, if available and applicable. Step 9 - Click 'SUBMIT'. Step 10 - On successful upload, Acknowledgement details would be displayed. Click on the link to view or generate a printout of Acknowledgement/ITR-V Form. Note: To e-File using Digital Signature Certificate (DSC), the DSC should be registered in the application. If the Income Tax Return is uploaded with DSC (digitally signed), on generation of "Acknowledgement“, the Return Filing process is complete. If the return is not uploaded with a DSC (digitally signed), on successful upload of e-Return, 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. The Return filing process shall be complete only on receipt of the ITR-V at CPC, Bangalore.

Submit ITR-1 online Send to CPC, Bangalore Generate ITR-V LOGIN and GO TO ‘e-File’  ‘Prepare and Submit Online’ Start Select ITR type as ITR 1 and select the Assessment Year Fill the I-T Return online. Mandatory fields are marked with asterisk Sign using registered valid DSC (if available) SUBMIT Generate and Print Acknowledgment form. No further action is required. Generate ITR-V Send to CPC, Bangalore Is I-T Return digitally signed? End YES NO

To submit ITR-1 Online Step 1 - Login to e-Filing application Step 2 - GO TO 'e-File' --> 'Prepare and Submit Online' Step 3 - Select the Income Tax Return Form ITR 1 and the Assessment Year. Step 4 - Fill in the details and click the SUBMIT button Step 5 - On successful submission, Acknowledgement detail is displayed. Click on the link to view or generate a printout of Acknowledgement/ITR-V Form. Note: To e-File using Digital Signature Certificate (DSC), the DSC should be registered in the application. If the Income Tax Return is uploaded with DSC (digitally signed), on generation of "Acknowledgement“, the Return Filing process is complete. If the return is not uploaded with a DSC (digitally signed), on successful upload of e- Return, 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. The Return filing process shall be complete only on receipt of the ITR-V at CPC, Bangalore.

Value Additions to e-File Income Tax Return Pre-Fill- Personal and Tax Information can be pre-filled in the Income Tax Return. - Login to e-Filing application - GO TO --> Downloads --> Download Pre-filled XML . Save the XML in the desired path/destination in your desktop/system. - Open the Excel utility (ITR) and click the "Import Personal/Tax Details from XML" button. This will require you to select the path/destination where you have saved the XML and click OK. The details will be uploaded into your utility. You may edit the tax details, if needed In case of ITR 1 online, ITR 1 online will open with auto-filled personal and Tax particulars View 26 AS Statement- An annual consolidated tax statement, which is provided to the assessee is called Tax Credit Statement (Form 26AS). This statement has details of Tax Deducted at Source (TDS), Tax Collected at Source (TCS), Advance Tax/ Self Assessment Tax deposited in the bank by tax payers, and Refund details for an assessment year. Import Previous version XML- You can import the details of the previous version into the new version of the utility using the “Import Previous Version” feature. Click the “Import Previous Version” button and select the path where the previous version is available and click OK. The data is uploaded successfully.

Additional Services View Status – Income Tax Return, ITR-V, Demand/Refund, Rectification View the status of your ITR, Demand/ Refund and Rectification details. View e-Filed Return/Form View the Income Tax Returns, ITR-V Acknowledgment Form and the uploaded XML for the last three assessment years. You can view these documents online anytime or save and print. Refund Re-issue request Request for refund re-issue if the Income Tax Return has been processed. If a refund is determined and it fails to reach the taxpayer then a request can be raised. File Rectification Rectify e-filed Income Tax Returns online, if required, only after completion of Income Tax Return processing by CPC of the Income Tax department. e-File Defective Income Tax Return u/s 139(9) Taxpayer can e-File Income Tax Return against the Defective Notice issued to them u/s 139 (9) for AY 2011-12 and 2012-13.

New features in e-Filing New users – Chartered Accountant are the new users added in the new e-Filing application. They can e-File Forms (other than ITRs) on behalf of their customers. Add CA – This is a new feature wherein, an assessee can add a CA and assign/authorize the audit Forms which a CA can submit on their behalf. Opt for Higher Security – User can use the “Opt for higher security”, wherein a Digital Signature Certificate is needed to login. Outstanding Tax Demand – User can check the outstanding demand details for all the assessment years in “My Account” after login. ITR1 online – Individual users can use this feature to prepare and submit ITR1 online. The PAN (non-editable) and Tax details (editable) are auto-filled to help in correct data to flow in. Download ITR Forms, XML and Pre-fill XML – User can download the ITR/XML submitted for three AY and also, download and use the pre-fill XML containing the PAN and Tax details Mobile Services – Using the browser in the mobile, users can view various status on e- filing. Call Center – A call center is added newly to help users on any e-Filing queries

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