1. STUDY CIRCLE MEETING 02-07-2016 Income Tax Bar Association
Precaution in filing ITRs for A.Y & filing online TDS Returns F.Y
STUDY CIRCLE MEETING
Income Tax Bar Association
CA. Darshak M. Thakkar
Rajkot

2. Uploading ITR
Procedural Changes

3. Send physically signed acknowledgement to CPC
Without digital signature
Download the acknowledgement
With digital signature
Using EVC

4. Digitally sign XML file
Download & fill up ITR
Generate XML file
Go online and Login
Digitally sign XML file
Upload digitally signed XML & generate acknowledgement

5. Digitally sign XML file
Download & fill up ITR
Generate XML file
Go online and Login
Digitally sign XML file
Upload digitally signed XML & generate acknowledgement

29. E Verify ITR

30. ITR filed by taxpayer is not treated as valid until it is verified by the taxpayer.
In the existing process, taxpayer can verify the return using Digitally Signed Certificate or by sending signed ITR-V to CPC.
As per Rule 12 vide Notification No. 41/2015, IT Dept has introduced e-Verification of returns as an alternate for ITR-V.
Taxpayers who are NOT mandated to use DSC are eligible for e-Verification.

31. NON E VERIFIED ITR E VERIFIED ITR
1 AND 2 LINK

32. Modes of generation of EVC
Notification No. 2/
EVC generated and sent to registered e mail and mobile
Verifier logs in to e-filing website through Net-Banking
Aadhaar authentication using Aadhaar OTP
EVC through ATM
Notification No. 1/
Giving bank details to e-filing website
Demat a/c authentication using Demat details registered with CDSL/ NSDL

33. EVC

35. AY
I C D S
139(9)
ITR 4
ITR 5
ITR 6

36. 139(9)

37. 139(9)

38. Computation of Income of a Partnership firm
Net Profit as per P & L A/c
+ Depreciation Disallowed
+ Interest and remuneration to Partners
+ Other Disallowances
+ Effect of ICDS
- Depreciation Allowable
- Interest and remuneration to Partners
- ICDS Allowances
Gross Total Income

40. 139(9)

43. DEFECTIVE RETURN (9) ?

45. AY
SCHEDULE AL
139(9)
ITR S

46. Schedule AL

47. DEFECTIVE RETURN (9) ?

49. PRESUMPTIVE BUSINESS INCOME FOR FIRMS OTHER THAN LLP

51. WHETHER TP AUDIT APPLICABLE
ITR 3 AND 4 FOR PARTNERS
WHETHER TP AUDIT APPLICABLE

52. ITR 5 AND 6 - LIABLE TO AUDIT UNDER OTHER ACT

54. ITR 7 Option u/s 11 Clause 2 of Expl to Sec 11(1) Form 9A Sec 11(2)
Section 11 and Rule 17(1)
furnished before expiry of time allowed U/S 139(1)
furnished electronically either under digital signature or electronic verification code

56. DEFECTIVE RETURN

65. New Form 35 for e-filing of Appeal with CIT (A)
Notification No. 11/2016
1st March, 2016

78. The Income Declaration Scheme Rules, 2016
Notification No. 33/2016 Dated

80. FORM 1

84. TDS RETURN FILING ON ITD WEB SITE

114. Sumit Devendra Rajani vs. ACIT (Gujarat High Court) 271 CTR 89 (Guj)
Upon issue of Form 16A TDS certificate, TDS credit has to be given to the payee even if there is Form 26AS mismatch or deductor is at fault for non-deposit of TDS with Govt.