Hi this is regarding Income Tax Return - efiling. I have gone throught the income tax efiling website. There are some parts amended in Quick ITR filing forms. Is it mandatory to provide all bank account details?
Ciril James (Accounts Manager Student >>CMA) (25 Points)
30 June 2015Hi this is regarding Income Tax Return - efiling. I have gone throught the income tax efiling website. There are some parts amended in Quick ITR filing forms. Is it mandatory to provide all bank account details?
Anubhav
(Chartered Accountant)
(429 Points)
Replied 30 June 2015
Hi Ciril,
As per the latest schema for ITR 1 , we need to provide three details, which are as follows:
1. Number of bank account excluding dormant accounts. (Mandatory field)
2. Detail of one bank account in which refund shall be credited. (Mandatory field)
3. Details of other bank accounts. (Not a Mandatory Field)
Hope this clarifies your query. In case of any further query or discussion PM or mail us.
Anubhav Jain
anubhavjain176 @ gmail.com
Ciril James
(Accounts Manager Student >>CMA)
(25 Points)
Replied 01 July 2015
Hello, I have another doubts regarding Quick ITR filing. They are:
1. Is it mandatory to provide aadhaar No.? or if provide aadhaar no.,exempted from ITR-V form sending?
2.Taxable income entry: In the first page of quick ITR, i have mentioned the taxable income as per my form No.16. But, I could see that the employer filed the tds deducted amount as per my gross salary. So, 'B1' & tax details page TDS1- Income Under Salary shows the amount mismatch.Which amount i need to mention the TDS1 details? Is it should be match with 'B1'?
Sanyam Jain
(Blogger)
(237 Points)
Replied 16 July 2015
Dear Ciril James,
1. It is not mandatory to provide aadhaar number but linking aadhaar card will escape you from sending ITR-V.
Read: How to Use Aadhaar Card for E-Verification of Income Tax Returns
2. You have to Fill the Gross Salary in B1 and Sch TDS 1 Column (3) Income under Salary and TDS in Sch TDS 1 Column (4) Tax Dedcuted.
Read: All about Filing Income Tax Return Online in 10 minutes
Regards
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