Can an individual prepare Income Tax Returns or only CAs and Income Tax Return Preparers are authorised to do so?
9 Replies
vkbothra
(Learning )
(690 Points)
Replied 17 August 2010
Dear
Income tax returns can be filled by anyone, even a salary person or one who is earning from interest. (it depends on the skill of the filler)
usually CAs and TRPs are doing this work bcoz they are highly certified and trainned in manner to help those who are unaware of Income Tax Act and its sections.
;)
Sunali
(Learner)
(1317 Points)
Replied 17 August 2010
Thanks Mr Bothra, if U can also advise if a Chartered Accountant in Service is allowed to prepare IT Returns??
vkbothra
(Learning )
(690 Points)
Replied 17 August 2010
This can be depends on the agreements between the employer and the employee CA, usually they dont allow or you can say he dont get time out of service.
Dheeraj
(Learner)
(1100 Points)
Replied 17 August 2010
ANYBODY CAN FILE IT RETURNS
THERE IS NO ANY PRESCRIBED AUTHORITY WHICH IS AVAILABLE TO ONLY A GROUP OF PERSONS
N YES A CA IN SERVICE CAN ALSO FILE IT RETURNS
mehul kishnani
(student)
(264 Points)
Replied 17 August 2010
anyone can file it return. There is no prescribed qualification or condition given in IT ACT. even u can file d return being student or assesse himself find d return.
for second question yesss he can provided terms of employment does not prohibit him to work in his personal capacity mostly many people work in july n sept to get some extra money. no one can know this
regards
mehul
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 17 August 2010
anyone can fill and file Income Tax Return........
SURESH KABRA
(chartered accountants)
(121 Points)
Replied 18 August 2010
ANY ONE CAN FILE RETURN OF INCOME OF PERSONAL AND OTHERS, THERE IS NO BINDING AS PER INCOME TAX ACT, BUT SIGNATURE ON THE RETURN CONDUCTED BY THE PERSON WHO IS LIABLE FOR FILE THE RETURN OF INCOME.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 20 August 2010
| Forms Applicable to |
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ITR 1
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Income Tax Return Form for Individuals having Income from Salary/ Pension/ family pension & Interest |
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ITR 2
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Income Tax Return forms for Individuals and HUFs not having Income from Business or Profession | ||
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ITR 3
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IT Return Forms for Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship |
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ITR 4
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Income Tax Forms for individuals & HUFs having income from a proprietary business or profession |
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ITR 5
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New Tax Returns Form for firms, AOPs and BOIs | ||
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ITR 6
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IT Forms for the purpose of filing returns for Companies other than companies claiming exemption under section 11 |
PDF | XLS
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ITR7
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Form for persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) | ||
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ITR8
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IT Forms for Return for Fringe Benefits | ||
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ITR V
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Where the data of the Return of Income/Fringe Benefits in Form ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 & ITR-8 transmitted electronically without digital signature |
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