E filing for ITR-4S (SUGAM) has just been started on 08/05/2012. Now HUF /Individual can file thier return online on ITR-4S through Income Tax e filing Site.As you may aware that E filinng for ITR-1 (Sahaj) has already been started Few days back .Before start Filing your return on ITR-4S you need e filing software (return preparation software) . Income Tax department has provided a software free of cost written with Excel macro and easy to use.By using this Excel ITR-4S software you can easily create XML file which can be uploaded at www.incometaxindiaefiling.gov.in after creating your user id and password.
complete Process for filing of online Income Tax return is already prepared by us and available here
ITR-4S sugam can be used by person subject to these conditions
- ITR-4S (SUGAM)can be filled only by Individual / HUF
- This Form can be used where business income is deriving and income is computed in accordance with special provisions referred to in section 44AD and section 44AE of the Act for computation of business income.
- Further resident individual /HUF having interest in entity outside India are also required to file return through e filing mode only irrespective of their income.
Further resident (but other than not ordinarily resident), and individual /HUF having interest in entity outside India are also required to file return through e filing mode only irrespective of their income.
Download E filing software for ITR-4S (Sugam) in excel Free for assessment year 2012-12
Send ITR-V within 120 days from date of upload of xml file :If you have not sign ur online return with digital signature then uploading of xml file on e filing site is not enough ,Please furnish the Form ITR-V to the Income Tax Department , CPC, Post Bag No - 1, Electronic City Post Office, Bangalore - 560100, Karnataka BY ORDINARY POST ONLY within 120 days after the date of transmitting the data electronically .
This utility is Excel Macro based so to use this utility you have to enable macro in Excel . How to enable macros is given at the end of the post.
If you love to file the ITR-4S on paper Form Then you can use following form .Print it only on colored printer.
other related Posts .
Who can file Sahaj and who Can not file Sahaj is Given here in detail.
Income Tax Return filing mandatory if your Individual/HUF income is more than 10 Lakh in Fy 2011-12.So you have e File your return Read notification .However he may file with or without digital signature.
So if your Income is more than 10 Lakh then you have to e file you income tax return and you can not submit income tax return on paper Form.
Before filing of Income Tax return you should check your Tax deducted deposited and collected through Form 26AS. How to check Form 26AS in three ways is available here
what if Form 26AS does not match with Form 16/Form 16A read details here
Income Tax return Up to 5 Lakh is exempted for salaried person for Asessment year 2012-13 up to taxable income of 5 Lakh Salary including saving bank interest up to ten thousand.
Income tax Rates chart /Slab ,Exemption , Deductions ,capital gain at a Glance for Fy 2011-12 Ay 2012-13 for Individual is available here.
HOW TO ENABLE MACROS IN MICROSOFT EXCEL FOR RETURN PREPARATION UTILITY
It is necessary to ENABLE the execution of macros in Return-Preparation-Utility in order to enter, validate and generate an .XML file for upload. Follow these steps to ENABLE execution of macros depending on the version of [Microsoft Office Excel] being used to open the Return-Preparation-Utility :
[Microsoft Office Excel 2003]
Navigate through the following excel menu option to reduce the level of security in executing macros :
Tools --> Macros --> Security --> Low
Tools --> Macros --> Security --> Medium
Save the excel-utility and re-open it.
[Microsoft Office Excel 2007]
Navigate through the following excel menu options to reduce the level of security in executing macros :
Excel Options --> Trust Centre --> Trust Centre Settings --> Macro Settings --> Enable all macros
Excel Options --> Trust Centre --> Trust Centre Settings --> ActiveX Settings --> Enable all controls without restriction and without prompting
Save the excel-utility and re-open it.
[Microsoft Office Excel 2010]
When you open the EXCEL-UTILITY, the yellow Message Bar appears with a shield icon and the Enable Content button.
Click on the Enable Content to enable the macros.
tags:SUGAM (ITR-4S) in word format, Download SUGAM (ITR-4S) A.Y. 2012-13,ITR 4S SUGAM E FILING RPU, SUGAM E FILING SOFTWARE