India Income Tax e-Filling : 2012

Current Post is on how a salaried individual residing in India file tax return online (e-return) for 2011-2012 (A.Y. 2012-2013) from Form 16 & Form 12 BA

Prerequisite: Registered User at Income Tax India e-Filing Site.

If not refer to Steps to register at Income Tax India e-Filing Site.

Sections:

1. Downloading the Form (Excel Sheet).
2. Filling the Form (Excel Sheet)
3. Generating the XML
4. Uploading the XML

1. Downloading the Form (Excel Sheet):

- Login into Income Tax India e-Filling Site with your valid credentials. (PAN number and password)

- Assuming you are a salaried individual with / without income from Other Sources (only Interest Income or Family Pension) , ITR-1 (SAHAJ) is the form that needs to be filled. OR If you had Income from house or other sources, respective ITR form needs to be downloaded.

- To download the ITR-1 (SAHAJ), Go to Download Section, 'e-Filling A.Y. 2012-2013 >> Individual,HUF' menu option.

 

2. Filling the Form (Excel Sheet):

- Unzip the 'ITR1_2012_13_R2' zip file and open the '2012_ITR1_PR18.xls' excel sheet.

- Excel sheet will have 4 sheets.

1. Income Details
2. TDS
3. Taxes Paid and Verification
4. 80G - Not covered in current post

Basic Instructions:

• Compulsory Fields - Green Background & Red Color Label
• Optional Fields - Green Background & Black Color Label
• Auto-calculated Fields - White Background & Blue Color  Label

Follow the steps mentioned in ITR1 (SAHAJ) Form Filling post which will help you fill excel sheet from Form 16 & Form 12 BA

3. Generating the XML:

- Validate each sheet  by clicking the 'Validate' button present on each sheet

- Click on 'Calculate Tax' button

- Click on 'xml Generate' button

- Click 'OK' on following pop-ups.

- New 'Pre-XML Check' sheet would be created.

- Check the following details:

• TDS on Salary - If no amount then redo the Generate XML Steps
• All the Verification Columns

- After verifying all the details, click the 'Save XML' button

- Click 'OK' following pop-ups.

- File named 'ITR1_PANCARD.xml' will be saved on mentioned path.

4. Uploading the XML:

- Login into Income Tax India e-Filling Site with your valid credentials. (PAN number and password)

- Under 'Submit Return' section, select 'Select Assessement Year >> AY 12-13'

- Following screen will be displayed. Select 'ITR-1' and click 'Next'

- Click 'Browse' to select the 'ITR1_PANCARD.xml' file we generated from Excel sheet.

- On Clicking 'Upload' Button, following pop-up will come.

- Select 'OK'

- The XML will be uploaded and following screen will appear.

- From 'here' link, download the ITR-V Form.

- As we didn't digitally signed the XML, we need to send ITR-V Form to nearest Income Tax Office. In current case, the City was 'Bangalore', hence the address of Bangalore Income Tax Office came, where I need to send the ITR- V Form.

- Print the ITR-V Form on normal A4 size paper and signed the Form.

- Send it via SPEED POST or ordinary POST within 120 days post you upload the XML.


Done. We e-Filed our income tax return for 2011-2012 (Assessment Year 2012-2013).

Appreciate your feedback & suggestions via comments.

Thanks.

India Income Tax ITR-1 (SAHAJ) Form Filling

Current Post is on how to fill ITR-1 (SAHAJ) Income Tax Form for 2011-2012 from Form 16 & Form 12BA (A.Y. 2012-2013)

Post covers the filling of ITR-1 (SAHAJ) form for e-Filing. But if you are planning to manual fill the paper form, it will be on similar line.

Friendly advice: Do e-Filing, it is faster, convenient and refunds are quicker.

Assuming you have downloaded the form from Income Tax India e-Filing Site.

- Unzip the 'ITR1_2012_13_R2' zip file and open the '2012_ITR1_PR18.xls' excel sheet.

- Excel sheet will have 4 sheets.

1. Income Details
2. TDS
3. Taxes Paid and Verification
4. 80G - Not covered in current post
   

Basic Instructions:

• Compulsory Fields - Green Background & Red Color Label
• Optional Fields - Green Background & Black Color Label
• Auto-calculated Fields - White Background & Blue Color  Label

1. Income Details Sheet:

- Fill the following cells:

• First Name
• Middle Name
• Last Name
• PAN Number
• Flat \ Door \ Building
• Status - I Individual
• Area \ Locality
• Date of Birth (DD \ MM \ YYYY)
• Town \ City \ District
• State - Select from Drop-down option, don't manual write it
• Pincode - In hurry don't write your permanent address or office address pincode
• Sex - Select from Drop-down option, don't manual write it
• Email Address 
• Employer Category - Mostly it will be OTH, kindly fill as per your category
• Return Filed under section - Select from Drop-down 11 - BeforeDueDt 139(1) (if all your taxes are paid and submitting before 31 July 2012)
• Whether original or revised return - Select from Drop-down respective return.
• Residential Status - Select from Drop-down respective status
• Tax Status - Select from Drop-down as per your tax valuation
• Income from Salary / Pension - Fill the value from Form 16 - INCOME CHARGEABLE UNDER THE HEAD 'SALARIES' 
• Income from other sources - Fill the total value from other sources
• Fill the 'Deductions under ChapterVI A' as per Form 16
• Tax payable on Total Income - Fill the value from Form 16 - Tax on total Income
• Education cess... - Fill the value from Form 16 - Education cess... 
• Relief under Section 89 - Mostly 0
• Relief under Section 90/ 91- Mostly 0

- Following fields will be automatically calculated / filled:

• 4 Gross Total Income (1+2+3)
• 7 Total Income (4-6)
• 10 Total Tax, Surcharge and Education Cess (Payable) (8 + 9)
• 13 Balance Tax Payable (10 - 11 - 12)
• 15 Total Tax and Interest Payable (13 + 14)  

2. TDS Sheet:

- Fill the following cells:

• Under 23 Tax deducted at source from SALARY

• TAN of Employer - Fill the value from Form 12BA - TAN

• Name of the Employer - Fill the value from Form 12BA - Name & Address of the Employer

• Income charged under Head of the salaries - Fill the value from Form 16 -  INCOME CHARGEABLE UNDER THE HEAD 'SALARIES'

• Total Tax deducted  - Fill the value from Form 16 -  Tax Payable

• Under 24 Tax deducted at source of Income other then Salary - Fill as per receipt details

3. Taxes Paid & Verification:

 - Fill the following cells:

• Enter your Bank Account Number - To which Bank Account one needs the cheque \ transfer for refund amount
• Refund Type - Select from Drop-down 'Yes' for direct deposit, it will be faster
• MICR Code - MICR Code of Bank
• Type of Account - Select from Drop-down the account type of Bank Account number you mentioned above
• Name - Same as in PAN card
• son/ daugher of - Same as in PAN card
• Place
• Date
• PAN Card

- Following fields will be automatically calculated / filled:

• 16a  Advance Tax (from item 25)
• 16b TDS (Total from item 23 + item 24)a
• 16c Self Assessment Tax (item 25)
• 17 Total Taxes Paid (16a + 16b + 16c)
• 18 Tax Payable - Mostly the amount should be zero, unless one has to pay the tax
• 19 Refund - Check the amount

And we are done finally :). 

I hope it didn't took more then 15-20 minutes to complete the form.

Appreciate your feedback via comments.

Thanks.
Mehul

Source (Version) Control Settings in Visual Studio IDE

Current post is on how to change source (version) control  settings in Visual Studio IDE.

Source (Version) control software is an essential tool in every software company. It not only keeps the track of the history, but also its version and copy of it.

Clearcase and SVN are most common source (version) control softwares available in market. Clearcase is a proprietary software from IBM while SVN is open-source software with good developer support.

When writing a code which will go into source control or when you want to edit something in a file which is in source control, we all do check-out and check-in operations.

Some times in hurry we check-out the file which were not meant for check-out, resulting in undo-check-out operation with version-branch-deletion of that file.

In order to avoid such things, Microsoft Visual Studio IDE (VS 2005, VS 2008) provides the source (version) control settings.

Go to Tools >> Options in Menu bar of Visual Studio IDE:

Source Control Settings

Click Source Control >> Environment

Check-Out Settings:

1. On Save or On Edit:
• Check Out Automatically or Prompt for Check out are the options available. Select as per your needs
2. "Don't show Check-Out dialog box while checking out the items":  
• Un-Check the check-box, if you want to prevent above scenarios.
• Check the check-box of if you are precised enough and don't want a headache of another prompt.

Appreciate your feedback via comments. Thanks.