Thursday, June 3, 2010

Special Counters for Tay Payers by Income Tax Department

Download New TDS Rules w.e.f. 01.04.2010/New format of form 16 and 16A/ Complete Notification No. 41 regarding  etds w.e.f. 01.04.2010 (Click Here)

                   Income Tax Department will open special counters  on 28-07-2010 to 31.07.10 to receive Income Tax Returns from tax-payers in Delhi, Pragati Maidan, Mumabi, Kolkata, Chennai,Bangalore, Chandigarh, Ahmedabad, Hydrabad,
           No-doubt, It is good idea on the part of Income Tax Department but e-filling is the best.  The Income Tax Return can be easily filed online.  When online return is submitted there are lot of benefits.    
  • Software calculate lot of fields automatically. 
  • Reduce calculation error in Returns.
  • Now, Auto Tax and Interest calculation facilities are also available in NSDL software.
  • Free software is available for submission of online return. 
  • No need to stand in big rows to submit return in Income Tax Department
  • Only ordinary post is required to send ITR-V.
  • Soft copy of return receipt is also received via email.
  • You can store receipt in your email and print anywhere as and when you are in need.  No need to  go to Office/Home to collect the evidence for submission of Income Tax Return.
Free software is available here for submission online Income Tax Return. However regarding Special Counters complete detail is given as under.

I-T Department to Set up Special Counters to Facilitate Taxpayers to Receive I-T Returns on 31st July (Saturday) also
The Central Board of Direct Taxes (CBDT) have directed the Income Tax Department (ITD) to make  arrangements for receiving income tax returns on 31st July 2010, the due date for filing tax returns by most taxpayers, as that day happens to be a Saturday.
ITD has also been asked to make special arrangements by setting up additional counters from 28th July to 31st July 2010, to facilitate taxpayers in filing their income tax returns.
In Delhi, special counters will be set up in Pragati Maidan, as in earlier years, to receive about 5 lakh income tax returns that are filed in the last few days. The Chief Commissioner of Income Tax, Delhi, will later announce the details of the special arrangements made for the taxpayers of Delhi. Counters will provide additional and value-added services such as free return forms, photocopy, PAN application and information, e-filing, help desk, etc. Separate counters will also be opened for senior citizens and ladies, wherever required.
Similarly, special arrangements will be made in other major tax-collecting centers of the ITD such as Mumbai, Kolkata, Bangalore, Chennai, Chandigarh, Ahmedabad, Hyderabad, etc. Details in this regard will be announced later by the respective chief Commissioners of Income Tax.
Taxpayers are advised to file their income tax returns early to avoid the last minute rush. Taxpayers are also requested to use the e-filing facility of the Income Tax department to get faster and error-free services. It is easy, secure and can be availed of from anywhere anytime. E-filing service is available on the website
The Income Tax Rules have been recently amended to include Receipt Number on the TDS certificates as a mandatory field. It is clarified that Receipt Number will not be required for the income tax returns to be filed this year (assessment year 2010-11), but only from next year. Tax deductors are, however, requested to quote Receipt Number of the TDS return for all tax deducted from this financial year.

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