Where Can I Get Return Forms In Excel Format?

Income tax department has put on its website all the forms for filing of return for Asst 2008-09 in Excel format. These excel utilities are prepared keeping in mind the requirement of efiling of return. So, those taxpayers who want to just prepare the return and file in print form , they should fill and print out the forms.Click on respective forms .It is in zipped format, unzip it and use it.

ITR-1 For Individual having salary/pension income or only income from other source
ITR-2 For Individuals and HUFs not having Income from Business or Profession
ITR-3 For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship .
ITR-4 For individuals & HUFs having income from a proprietary business or profession .

Those who wants to file return online , steps suggested on the web site is as under

• Register on the website incometaxindiaefiling.gov.in
• Prepare the return using the Excel utility of respective ITR.
• Generate the XML format .
• Log in the website and upload the XML format as per the guideline there.

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Download New Income Tax Return & Tax Payment Forms !

Income Tax and FBT Returns For Asst Yr 2008-09

ITR1- For Individuals having Income from Salary/ Pension/ family pension & Interest
ITR2- For Individuals and HUFs not having Income from Business or Profession
ITR 3- For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship .
ITR-4 For individuals & HUFs having income from a proprietary business or profession .
ITR-5 For firms, AOPs and BOIs
ITR-6For Companies other than companies claiming exemption under section 11
ITR-7 For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D)
ITR-8 Return for Fringe Benefits .
ITR-V- 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 .
Acknowledgement-Acknowledgement for e-Return and non e-Return

Forms /Challans for tax payment

280 pay self assessment tax (income tax) before filing my return of incomeAs you are paying self assessment tax, you should further tick the Self Assessment Tax (300) under Type of Payment

281 for depositing Tax Deducted at Source/Tax Collected at Source (TDS/TCS) from corporates or non-corporates
282 for payment of Banking Cash Transaction Tax and Fringe Benefits Tax
283 for payment of Securities Transaction Tax, Hotel Receipts Tax, Estate Duty, Wealth Tax, Gift Tax, Expenditure Tax and Other direct taxes

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Where Can I Get The Prescribed Form For Disability Certificate For 80DD or 8DDB or 80U?

Three sections under I T Act prescribes for deduction on account of medical reasons. Section 80DD,80DDB and 80U . Two important points need mention

1. Although these sections still state that such certificate should be attached with the return of income, the return itself from Asst Yr 2007-08 has gone under a total change and no documents are to be enclosed with the return. This must be unintended confusion by law makers. In due course , there may be amendment to these provisions .However, in any case I feel you will have to get these ailments certified and then claim the deduction. The certificates should be preserved with you for future requirements, if ever department wants to see it.

2. The Rule 11A of IT Rule under Sub-rule 2 prescribes "

(2) For the purposes of sub-section (4) of section 80DD and sub-section (2) of section 80U, the assessee shall furnish along with the return of income, a copy of the certificate issued by the medical authority,—

(i) in Form No. 10-IA-, where the person with disability or severe disability is suffering from autism, cerebral palsy or multiple disability; or

(ii) in the form prescribed vide notification No. 16-18/97-NI.1, dated the 1st June, 2001published in the Gazette of India, Part I, Section 1, dated the 13th June, 2001 and notification No. 16-18/97-NI.1, dated the 18th February, 2002 published in the Gazette of India, Part I, Section 1, dated the 27th February, 2002 and notified under the Guidelines for evaluation of various disabilities and procedure for certification, keeping in view the Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 (1 of 1996), in any other case.

Thus for 80DD , there are two set of forms . One is the form 10-IA which is given in I T Rule . You can get it from here. The other is for most of the other disabilities defined in the aforesaid notification published in the Gazette of India .It can be downloaded from here . In this notification , under Annexure B , following two types of forms are provided - one for mental retardation and other of other types of disabilities.Those two forms are given below

A. Form for Mental Retardation

Certificate of mental retardation for Government benefits

This is to certify that Shri/Smt./Kum........................... Son/Daughter of ................................... of Village/Town/City .................. with particulars given below :—

(a) Age

(b) Sex

(c) Signature/Thumb impression

Categorisation of mental retardation Mild/Moderate/Severe/Profound

Validity of the Certificate : Permanent

Signature of the Government

Doctor/Hospital with seal

Chairperson Mental Retardation

Certification Board

Recent Attested Photograph showing the disability affixed here.

Dated :

Place :

B. For all other disabilities

Standard Format of the Certificate

Name & Address of the Institute/Hospital issuing the certificate

Certificate No. ........................ Date ..........................

Certificate for the persons with disabilities

This is to certify that Shri/Smt/Kum.......................... son/wife/daughter of Shri ............................ Age ..................... old male/female, Registration No. ....................... is a case of ............................ He/She is physically disabled/visual disabled/speech & hearing disabled and has ..........................
% (....................... per cent) permanent (physical impairment/visual impairment/speech & hearing impairment) in relation to his/her ............................

Note :—

1. This condition is progressive/non-progressive/likely to improve/not likely to improve.*

2. Re-assessment is not recommended/is recommended after a period of .......................... months/years.*

*Strike out which is not applicable.

Sd/- Sd/- Sd/-

(Doctor) (Doctor) (Doctor)

Seal Seal Seeal

Signature/Thumb impression

of the patient.

Countersigned by the

Medical Superintendent/CMO/Head of

Hospital (with seal)

Recent Attested Photograph

showing the disability affixed

here.

80DDB

In case of deduction 80DDB , the disease covered are given in Rule 11DD which is given here .The form for deduction u/s 80DDB can be downloaded from here .

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New Income Tax Returns In Excel Format !

The forms in excel format are available on bcasonline and a link is provided for download here.

• ITR-1 For Individuals having Income from Salary/ Pension/ family pension) & Interest, For PDF click here and For Excel format Click Here.
  
• ITR-2 For Individuals and HUFs not having Income from Business or Profession , click here and For Excel format Click Here.
• ITR-3 For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship click here. and For Excel format Click Here.
  
• ITR-4 For individuals & HUFs having income from a proprietary business or profession, click here. and For Excel format Click Here.
  
• ITR-5 For firms, AOPs and BOIs , Click here. and for Excel format Click Here.
  
• ITR-6 For Companies other than companies claiming exemption under section 11. Click here.
  
• ITR-7 For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D). For PDF click here. For Excel format Click Here.
  
• ITR-8 For Return for Fringe Benefits. for PDF click here. and for Excel Format Click Here.
  

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How to Show Loss From House Property in New Income Tax Return Form?

1. I am Punjab Govt Employee and have availed housing loan from HDFC bank. In the new Income Tax Return Form No. " ITR 1 " , I cant find any space for getting rebate under section 24 for interest on housing loan. Kindly tell me where to fill this amount. tirath1960@yahoo.com
2. How to show interest on borrowed capital (Deduction u/s 24(b) in new Income Tax Return Form 2007-08 (ITR 1)? dileepkb@rediffmail.com

First of all , it should be understood that anyone who has income from house property or loss from house property, can not file return ITR-1 . The ITR -1 is only for persons having income from two source-Salary/Pension and Interest . In case , one has salary income and any income other than interest and business income i.e income/loss from house property or capital gains , he shall have only one Return i.e ITR-2.In my view most of the persons who are not doing business , shall have to file return of income in ITR -2 only because there may be very few persons who have only two sources of income i.e salary & interest.

However, if you see ITR-2 , you will find that Part B -T1 is regarding the Computation of Total Income .There you will find that it has been written that "write Nil if loss" from house property. This certainly creates confusion for ordinary persons who are used to file earlier Saral forms.See the picture below







The new Return Forms are prepared section wise .The loss of house property is adjusted under section 71 of the I T Act only from Gross Total Income . Therefore , the ITR-2 gives you first Gross Total income and then details of loss on house property, which comes from the payment of interest on borrowed loan for self occupied house , is to be given in Schedule CYLA of the ITRA 2 .Look below for an image










You fill the aforesaid column in ITR-2 and be taxworry free!

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New Forms 16 & 16A Notified.Get It in Excel Format?

Now the tax deductor has to fill up the date of filing the quarterly TDS returns (even acknowledgment number) in the certificate issued for tax deducted.

• CBDT vide Notification - 83 , dt. 26-3-2007 Income-tax (Third Amendment) Rules, 2007-Form 16, Form 16a and Form 27d substituted, the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
• 1. (1) These rules may be called the Income-tax (Third Amendment) Rules, 2007.
• (2) They shall come into force on the date of their publication in the Official Gazette.
• 2. In the Income-tax Rules, 1962, in APPENDIX II, for Form No. 16, Form No. 16A and Form No. 27D, the following Forms shall be substituted, namely:"

The form 16 can be obtained in excel format from here.
The form 16A can be obtained in excel format from here.

(Use these forms at your own responsibility and being provided for your benefit and guidance only)
Although there are some controversy has arisen on account of time limitation given for issue of Form 16 & 16A and last dates of filing quarterly TDS return . But I feel CBDT will surely sort out such unintended controversy by suitable circular.
Update
CBDt has issued clarification to sort out the confusion.Read this posting.

Tags: TDS, Form 16, Form 16A

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