This utility is prepared by sri pranab banerjee, an employee of b. The economics of irs free file internal revenue service. Income tax returns for a financial year must be filed by individuals on. Income tax return itr statistics ay 2012 income tax. Now using detail given in your form 16, fill them out in the return preparation software you downloaded. The software usually comes in a package of income tax computation software, income tax returns software and efiling of income tax software. But if your total income is greater than 10 lakh per annum then you should only efile your income tax returns.
Due date of filing of income tax return for assessment year 2012 financial year. If your exempt income exceeds rs 5,000, the appropriate form will be itr2. Itr forms 1 to 6 for submission of annual income tax return. Now you should prepare income tax tentative details on plain paper. When youre successfully registered, find the download menu option, click on efilling ay 2012 and download the itr1s sahaj return preparation software if u are a salaried person, own property, earn. Income tax department has introduced a convenient way to file these returns online using the.
Filing of income tax returns is a legal obligation of every individualhuf whose total income for the previous year has exceeded the maximum amount that is not chargeable for income. Jul 31, 2012 of powers conferred under section 119 of the income tax act, 1961, hereby extends the due date of filing of returns of income for the assessment year 2012 to 31st august 2012 in respect of assessees who are liable to file such returns by 31st july 2012 as per provisions of. Itr forms 1 to 6 for submission of annual income tax. Income tax department has enabled income tax return form itr5 in excel for the assessment year 2012. Some of the basics of income tax efiling will be discussed based on the rules applicable for financial year 2015 and assessment year 201415. Just put the data in data input sheet and it will prepare the form16. How to efile incomet tax returns we are ca students. Download free efiling excel software for itr 1, 2, 3, 4, 4s,5, 6. Jul 29, 2012 filing of income tax returns is a legal obligation of every individualhuf whose total income for the previous year has exceeded the maximum amount that is not chargeable for income tax under the provisions of the i. Ay 2012 and download the itr1s sahaj return preparation software if u are a salaried person, own property, earn interest income or. Go back to income tax website and under submit return click on select assessment year ay 12 as shown in image below. Income tax return form for assessment year 2012 has been released by income tax department. Economic costs of tax preparation by filing method. Calculator can be used for calculating income tax on all types of income.
Further you can also file tds returns, generate form16, use our tax calculator software. You can also prefill personal and tax information, a new feature in this application. In addition to filing old tax returns, you can prepare and efile your current year taxes for. Online software uses irs and state 2012 tax rates and forms. Dec 07, 2014 if you file the return despite discrepancies, if any, you could get a notice from the it department later. To file an income tax return electronically, you should download the income tax return itr utility applicable, fill and generate an xml. Top 4 download periodically updates software information of income tax preparation full versions from the publishers, but some information may be slightly outofdate using warez version, crack, warez.
Download itr1s sahaj return preparation software if you. The employees have to report income from interest on savings bank account to the employer to become eligible for exemptions. The last date of filing income tax extended upto 5. Step 2 under the download menu, go to efiling ay 2012 individualhuf and select the appropriate income tax return itr form. Feb 22, 20 e filing of income tax return for itr1 sahaj has just been started 27. Some of the basics of income tax efiling will be discussed based on the rules applicable for financial year. Jul 31, 2012 step 2 under the download menu, go to efiling ay 2012 individualhuf and select the appropriate income tax return itr form. Income tax return preparation software for fy 20112012. Personal, business, corporation, and trust income tax.
When youre successfully registered, find the download menu option, click on efilling ay 2012 and download the itr1s sahaj return preparation software if u are a salaried person, own property, earn interest income or are a pensioner. This ca software includes income tax software, it return, itr e return, efiling, balance sheet software, audit reports and service tax software. It department enables prefill option for itr for assessment year 2012 only. Income tax department has finally released itr 6 for online filing of income tax return for.
Income tax department income tax return statisticsanalysis assessment year 2012 income tax department has released statistics of income tax return for ay 2012 for wider use. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. This article focuses on filing the return for income tax for salaried persons across the country. All in one income tax fy 1112 income tax calculation for wb govt. May 03, 2014 under the download menu, go to efiling ay 2012 jul 27, 20 income tax return filing fy 2012 ay 2014 detailed faq. Itr forms 1 to 6 for submission of annual income tax return for a. Can i file income tax returns for the assessment year 2011.
Stepbystep guide to file your income tax return online. Go back to income tax website and under submit return click on select assessment year ay 12 as shown in. This feature is available only those taxapyee who is register with to file an income tax return electronically, you should download the income tax return itr utility applicable, fill and generate an xml. These software can be used to file income tax return online. However, one does not need digital signature to authenticate the tax return in such a case. Income tax preparation software for ay 2012 wbxpress. Earlier income tax department has enabled sahajitr1, itr2,itr 3, itr 4 and sugamitr4s for the assessment year 2012. Directly upload the details from form16 by parsing and thus saving time in the manual punching of all details. This return can be prepared by a tax return preparer trp also in accordance. Jul 30, 2012 income tax return form for assessment year 2012 has been released by income tax department. Can i file income tax returns for the assessment year 201112. Aug 01, 2012 the exemption will be permitted only if the assessee has received a certificate of tax deduction in form 16 from the employer. The following documents are a must for preparing the return.
There have no major changes in this new format, but have some. In 2014, income tax department has identified additional 22,09,464 nonfilers who have. You may have to include other income, such as interest on bank. Jul 27, 2012 e filing of income tax return for itr1 sahaj has just been started 27. Recently the income tax department have some changes in the income tax form 16 vide notification number 1120 dated 19220. From assessment year 2012, efiling is mandatory for those with.
These instructions are guidelines for filling the particulars in incometax return. Income tax return itr statistics ay 2012 income tax department. Deadline for filing income tax return for ay 2012 fy 2011. Feb 22, 2012 the income tax calculator given below is for a. File income tax, get the income tax and benefit package, and check the status of your tax refund. Income tax returns for a financial year must be filed by individuals on or before the 31st of july of the next financial year. The speaker does not claim that he is an income tax practitioner and this talk is purely for educational purposes. Calculate income tax and download income tax calculator for fy 2012 in excel and also income tax slabs, deductions under income tax act, deduction us 80c,deductions us 80u of income tax act. Filing of income tax returns is a legal obligation of every individualhuf whose total income for the previous year has exceeded the maximum amount that is not chargeable for income tax under the provisions of the i.
Deadline for filing income tax return for ay 2012 fy. Download itr 6 for online filing of it return for a. For individuals, hufs and firms other than llp being a resident having total income upto rs. T act, 1961 income tax rates charts,deduction exemption useful charts for ay 2012. Download income tax return preparation software ay 2012 0 comments last date to file your income tax return is near in india i. Due date to file income tax return for assessment year 2012 for non. Itr5 form is to be filled by the firms, aops, bois and llp. Lord knows what your trying to ask if it is a us tax q. Now itr5 and itr6 has also been released in paper form. Ppt efiling of income tax returns powerpoint presentation. This feature is available only those taxapyee who is register with to file an income tax. As per income tax departments notification, efiling of income tax return has now become mandatory for individuals and hindu undivided family huf, where the income for the financial year fy 201112 is above rs 10 lakh per annum.
Itr1 sahaj,itr2,itr3, itr4 and itr4s sugam has been released. You can also use the tax return preparation spreadsheet provided on the. The exemption will be permitted only if the assessee has received a certificate of tax deduction in form 16 from the employer. What is the last date of income tax return submission for. Last date for filing income tax return for ay 2012 is 31st july 2012. This xml should be uploaded in the application post login. Due date extended for filing return of income for ay 2012. Download all income tax return form for efiling software free in excel for ay 2012. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. Income tax preparation software free download income tax. You must have filed your return within 3 years of the return due date to claim a refund. Jul 31, 2012 these software can be used to file income tax return online. For example, income tax returns of fy 201617 that end on 31 st march 2017 will be due on 31st july 2017however, the du. Fill your tax return form offline and save the xml file generated by the software.
It due date for filing return of income for assessment year 2012 extended from 31 7 2012 to 31 8 2012 order under section 119 of the income tax act 1961 order dated 31 7 2012 on. Calculate business or professional income, get industry codes, and report various income types. Download itr1s sahaj return preparation software if you are a salaried individual, pensioner, own one house property andor earn interest income. Open the downloaded return preparation software excel form, follow the. From assessment year 2012 , efiling is mandatory for those with annual income of more than rs 10 lakh. Under the download menu, go to efiling ay 2012 income tax for ay 2014, fy 2012.
Under the download menu, go to efiling ay 2012 freetaxusa, a taxhawk, inc. E filing of income tax return for itr1 sahaj has just been started 27. As per income tax departments notification, efiling of income tax return has now become. Income tax return form itr5 for ay 2012 excel based. Apr 28, 2016 income tax department income tax return statisticsanalysis assessment year 2012 income tax department has released statistics of income tax return for ay 2012 for wider use and analysis by departmental personnel and academicians. Note that you will have to use form itr 2 if your tax exempt income exceeds rs 5,000.
From assessment year 2012, efiling is mandatory for those with annual income of more than rs 10 lakh. In the subsequent form, select itr1 from the dropdown box and click on next. Neither the ieindia nor the speaker takes any responsibility for penalties that may result from. The data has been divided into following categories. Now we need to submit this xml report to income tax website. For most of the assessee itr5 is required to be filed through efiling. Earlier income tax department has enabled sahajitr1, itr2,itr 3, itr 4 and sugamitr4s for. Download the income tax return itr form applicable to you. Download the appropriate income tax return itr form.
Download free efiling excel software for itr 1, 2, 3, 4. Are you set to file your income tax return for the financial year fy. Open the downloaded return preparation software excel form. Jan 10, 20 itr forms 1 to 6 for submission of annual income tax return for a. Calculate income tax income tax calculator for fy 2012. File corporation income tax, find tax rates, and get information about provincial and territorial. For example, income tax returns of fy 201617 that end on 31 st. The employees have to report income from interest on. Efiling of incometax returns mandatory for some taxpayers. Example, for the ay 201617, the timeline to file a belated return was on. This return form is applicable for assessment year 201920 only, i.
Fee income tax return preparation software file for nongovt employees for the financial year 20112012 and assessment year 201220 download all in one income tax for nongovt empl fy 1112 tags. If return of income is filed through electronic mode, then the assessee has following two options. Return of income can be filed in paper mode or in efiling mode. This flagship product is a bundle of many software like income tax software, balance sheet software, audit report software etc. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. You canmust file for forever, there is never a time that you dont. Under the download menu, click on income tax return forms and choose ay 2014 for financial year 2012.
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