Is there is any change in the ITR Forms other than ITR I (SARAL II)?
Or it is going to be declare soon ?
Has ITD started excepting th e ITR fro F. Y 2009-10.
CA Seema Kochar (CHARTERED ACCOUNTANT) (636 Points)
06 May 2010Is there is any change in the ITR Forms other than ITR I (SARAL II)?
Or it is going to be declare soon ?
Has ITD started excepting th e ITR fro F. Y 2009-10.
binit kumar jindal
(chartered accountant)
(129 Points)
Replied 06 May 2010
there is no change till today . hope it made easy and less paper .
TRILOCHAN
(SENIOR ACCOUNTANT)
(698 Points)
Replied 06 May 2010
ya , ITD is accepting ITR for F.Y. 2009-10,
Poornima Srinivasan
(Junior trainee)
(330 Points)
Replied 06 May 2010
CBDT has released instructions for filling ITR 1 (Saral II). As per the instruction no. 3 (d), ITR 1 is not applicable for the assessee having agricultural income more than Rs. 5000. If agricultural income is not exceeding Rs. 5000, then it can be shown as exempt income in ITR 1.
pankaj
(advocate)
(349 Points)
Replied 14 May 2010
Yes, NO change at all, on 23-4-2010 income tax department has issued the notification for issue of ITR Forms for A.y. 2010-11 alongwith ITR-V, Acknowledgement and insturctions. Only change in ITR -1 which is now become saral -II. Rest forms are same as it is. You can download ITR Forms for A.Y. 2010-11.
pramod kumar jampala
(CA final student)
(119 Points)
Replied 28 May 2010
THIS IS FOR CREATING AWARENESS TO THE USER'S OF "ONLINE ITR FORMS"
WHILE CLICKING THE BUTTON "CALCULATE TAX" (available on the top right in "Taxes paid and Verification" sheet),THE FORM ITSELF AUTOMATICALLY CALCULATING THE TAX. BUT THE PROBLEM ARISES IN THE CASE OF INTEREST(U/s 234 B & C), AS THE SOFTWARE IS CONSIDERING THE OLD SLAB OF ADVANCE TAX i.e. Rs.5000/- AS AGAINST THE NEW SLAB OF Rs.10000/-..........., THIS ISSUE NEEDS RECTIFICATION FROM THE SIDE OF SOFTWARE DEVELOPERS FOR THE INCOME TAX DEPARTMENT AND TILL THAT TIME THE USERS NEED TO BE CAUTIOUS...
THANK YOU
Pramod Kumar Jampala