How to E-file Income Tax Returns ( ITR )?

How to E-file Income Tax Returns ( ITR )? – Income Tax E-filing Guide

Step 1:  E-filing ITR – Start

Before starting, you must have the following document to speed up the process:

  • PAN
  • Adhaar
  • Bank Account Details
  • Form 16
  • Investment Details

Step 2: Enter your Personal Information

  • Enter Your Name,
  • PAN,
  • Date of Birth, and
  • Father’s Name.

Step 3: Enter your Salary Details

1)  Fill in Your Company Name and Type.

2)  Give your salary and TDS information. To enter your salary details in detail, ‘Click here’.

Step 4: Enter Details to Claim Reduction

Enter investment details for the deductions to be claimed (Eg. LIC, PPF, etc., and other tax allowance claims here.

Step 5: Enter the Details of Taxes Paid

If you have any non-salary income, say, interest income or freelance income, then add tax payments that are already made. You can also add these details by uploading Form 26AS.

Step 6: E-File

Enter your bank account details and proceed to e-filing.

Step 7: E-Verification

After your return is submitted, e-verify your income tax return. Watch this video to find out how to e-File ITR Online

If you miss the due date to submit a refund, you can still apply before 31 December 2018 by paying a fee of Rs 5,000. If you submit after 31 December 2018, you must pay a fee of Rs 10,000. Also to note that the deadline for submitting late returns for 2017-18 FY ends on 31 March 2019.

[frontpage_news widget=”2155″ name=”Income tax”]

[frontpage_news widget=”879″ name=”Certicom – A Group of Chartered Accountants – Articles”]

 

Credit Transfer Document

What is (CTD) in GST?

What happens to the CENVAT Credit when a concessionaire that was not registered under the Excise Act receives the goods dispatched before July 1, 2017? Under the GST scheme, the manufacturer must issue a credit transfer document in such cases. Let us learn about these documents in detail.

A Credit Transfer Document (CTD) is a form issued by a manufacturer of goods, as proof of the payment of special taxes on goods manufactured and compensated before July 1. The goods must be dispatched by a person who is not registered under the Central Special Tax Law but who is a registered merchant according to GST.

Conditions for Issuing a Credit Transfer Document

Credit Transfer Document

What is the Process for Issuing a Credit Transfer Document (CTD)?

From 1 July to 307 days, the manufacturer must distribute a CTT. Ie until July 2017. Proper invoices must be added to the credit transfer doc.

What Are the Documents Needed to Be Filed?

GST

Formats of the FORMS TRANS 3, 3A and 3B

[frontpage_news widget=”879″ name=”Certicom – A Group of Chartered Accountants – Articles”]