****************************
E-filing of return using EVC
****************************
Taxpayers filing return of income electronically (without DSC) are required to send the signed copy of ITR-V to the CPC, Bengaluru within 120 days of uploading the return.
From the Assessment Year 2015-16, an option is given to the taxpayer to file return of income via Electronic Verification Code' ('EVC'). In that case, taxpayers shall not be required to send the signed copy of ITR-V to CPC, Bengaluru.
The procedures and modes of filing of return through EVC has been notified by the CBDT. The new procedure is as under:
Verification through EVC
***************************
EVC will be a unique number linked to assessee's PAN. It cannot be used for filing return of income of any other PAN. One EVC can be used to validate one return, irrespective, of assessment year or type of return.
EVC generated via Adhaar Card will be valid only for 10 minutes and in any other case, it will be valid for 72 hours.
Who cannot file return via EVC?
Persons, whose accounts are required to be audited under Section 44AB;
Political parties filing their return of income in ITR-7; and
Companies.
Modes of generating EVC
***************************
Taxpayers can generate EVC by any of the four modes specified hereunder:
Through Net-Banking: Banks registered with Income-tax Dept. are providing direct access to the e-filing website to their account holders. By clicking on e-filing option account holder will be redirected to the e-filing website where he can generate the EVC using "e-File" menu.
EVC generated will be sent to the registered e-mail id and mobile number of taxpayer, which can be used to verify income-tax return.
Through AadhaarNumber: Taxpayers can link their Aadhaar Number with their PAN on e-filing website to generate the EVC. Once the Aadhaar Number is linked to PAN, 'one time password' ('OTP') will be generated by UIDAI and sent to the taxpayer's mobile number registered with UIDAI. This Aadhaar based OTP will be the EVC and can be used to verify the income-tax return.
Through ATM:All taxpayers can generate EVC through ATM only if ATM card of taxpayer is linked to PAN validated bank account and bank is also registered with the Income-tax department.
Through E-filing Website of Income-tax Dept.: Assessee can also generate EVC by using e-filing website of Income-tax Dept. (i.e., www.incomeindiaefiling.gov.in). However, this facility is available only to the assessee's having total income of Rs. 5 Lakhs or below and who are not claiming Income-tax refund. To use this facility, assessee can visit the e-filing website and select the option 'Generate EVC' from e-File menu. EVC generated will be sent to the registered email ID and mobile number.
QTS CA Classes
Study with the best faculty in Lucknow
Service tax department has issued circular 185/4/2015 in which Manual Scrutiny of Service Tax return will be applicable wef 01.08.2015. CBEC has issued ST wherein check-list & revised guidelines for carrying out detailed manual scrutiny of service tax returns have been prescribed.
Bahut ajeeb dard hota hi na
jab yaad aaati hia,
awaj to nahi hoti
par dil ki dhadkan badh jati hi,,
Aankho ke raste chamakte moti girne lagte hii,,
agar us pal
apne seene ko na daba lu
" to jaise jaan nikal jati hii "'
I do not exist to impress the world. I exist to live my life in a way that will make me happy
INDIA
I-Intelligent
N-nation
D-developing
I-In
A-all feilds
wish u a happy republic day! . . . . .
20/07/2014
A TOUCHING STORY OF A CA STUDENT
MUST READ FOR THOSE PREPARING FOR EXAMS
A CA student had a crush on another CA Student.
One fine day he proposed her.
But she rejected and threatened that she would complain to the institute if he ever bothered her again.
.
And the boy remains silent for rest of the days.
Some days later the girl borrows STUDY MATERIAL from that boy and
..
writes in it
" I love u too. Sorry to hurt you the other day. If you forgive me, please come and speak to me."
Four years passed,
..
But.....
the boy never approached the girl again.
..
....
IF ONLY HE OPENED HIS STUDY MATERIAL .
MORAL:
Most Chartered Accountant students (especially boys) never open INSTITUTES STUDY MATERIAL
Don't laugh alone pass it on.... Fact is Fact
YOU WILL GET SUCCESS ONLY IF YOU EXPLORE
START READING YOUR STUDY MATERIAL TODAY ITS NEVER TOO LATE
Click here to claim your Sponsored Listing.
Location
Category
Website
Address
2nd Floor, Leela Mansion, Behind Leela Cinema
Lucknow
226001