Changes in the ITR Forms AY 2011-2012

Deepak Gupta (CA Student) (15922 Points)

23 May 2011  

 

Changes in the ITR Forms A.Y. 2011-2012
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List of Main Changes in the ITR Forms

 

1) Bank Detail Mandatory for all cases (no need to give Bank name)

2) Reduction of multiple entries input for TDS/TCS (now only one entry for same TAN in one section- Not required date wise entry)

3) Input of Mobile No. in ITRs

 

4) No need to give detail of AIR
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Introduction of new Forms

For the ITR Form SAHAJ and SUGAM print instruction has been provided by the income tax department

1) Form SARAL- II i.e ITR 1 is replaced by the Form SAHAJ. This form is to be printed as per the print specification provided by the income tax department

2) For the Presumptive income assesses (Individual and HUF only) new form 4S (SUGAM) is introduced. This Form can be used by the assessee who has declared income under section 44AD and 44AE And not having any special rate income.     There shall not be any brought forward losses is there.
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Print Specifications for SAHAJ and SUGAM as specified by Income Tax Department
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1.      Printing of the forms should be according to the standards set below

> No Black and White forms will be accepted and only standard forms with appropriate colours prescribed, fonts used, paper size, paper quality, Bar Code Values will be accepted by the department
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> Key aspects of the forms are listed below
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 i.      Size of the paper should be A4 Sheet- (8.268 inches by 11.693 inches / 210mm by 297 mm )
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ii. Quality of the paper should be White Paper and above 70GSM. The Paper thickness should be of Executive Bond quality with a minimum of 70 GSM and above
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iii.      Registration Marks should be present at every page and the coordinates of the same are indicated in the Sample Form given in Annexure A. It should be 0.25” from the top edge and the left corner edge.
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iv.      There should be a series of square dots which should be placed on the both sides of the pages on every page. The distance of the same should be 0.32” from the left edge. The square dots are uniformly spaced at 3mm distance from each other
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v.      Bar Code Specifications should be in Code 39 Format. The Position and Size of the Bar Code should be as Per Annexure A
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vi.      The Values of the Barcode

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> SAHAJ

1201111A1C150000 – Page 1

 

1201121D1T040000 - Page 2
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> Schedule TDS1

 

S201112S4S300000
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> Schedule TDS2

 

S201113T5T310000
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> Schedule IT     

 

S201114R6R320000
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> Schedule TCS   

 

S201115U4U300000
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SUGAM

4201111A1C130000-Page 1

4201121C14E60000-Page 2

4201131E7T040000 – Page 3
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> ITR-V Acknowledgement

ACKNOWLEDGE
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vii.      Color : RED -CMYK ( 0,100,100,0 ), BLACK CMYK ( 0,0,0,100). The Color specification should be as per color specifications given in the PDF File. The Ink used is the Dropout Ink which can be dropped out by a standard scanner. 
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viii.      Fonts Used are as follows

 Helvetica
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ix.      The relative position of all elements is fixed and the position of any elements cannot be altered

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a) Order of TDS schedules, TCS Schedules cannot be altered

b) The number of entries in each schedule, the column elements cannot be altered. This is done to ensure direct mapping of Form 26 AS report with the form

c) For any extra entries in Schedule TDS1, TDS2, IT and TCS, taxpayer should use supplementary schedules given in each form. Additional entries in this schedules would be accepted only in this supplementary schedules

d) ITR-V Acknowledgement should be entered and signature taken from the concerned officer in charge

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Source of Info: Update from KDK Software