Tech Jungle

How To File and E-Return
May 29, 2007, 9:23 am
Filed under: FINANCE
The Income Tax Department of India has facilitated the process of e-Filing of Returns by enabling the Internet website for e-Filing of Returns. This web site is hosted at the Income Tax Department’s web site itself, and is the internet site the tax payer sees. It accepts the e-Return filed by user in the form of an XML file for further processing. It allows the end user to Register, Download various utilities free of cost , to help in e-Filing and upload of e-Returns. It is a one-stop for anyone requiring to e-File their Returns in India.
The Home Page
The Home Page is the default page seen when accessing the Internet website for e-Filing of Returns.The central area of the page contains the major announcements. The Left Navigation Bar of the page focuses on the various ITS Forms (Form 1, Form 2, Form 2F, Form 3, and Form 3B).On the Right hand side, there is a provision for a One-Time Registration of a New Member, while just above it is the Login provision for Registered Users. Registration of Members is free of cost. User has to register only once and can use that Id and password for further years as well.

Click on image to enlarge

On clicking on any of the Forms on the Left Navigation Bar, the options for that specific Form will be available for reading and can be further clicked to get detailed information.

The example shown in this image is the set of options available when clicking on the link Form 1. Clicking each option here will open the details associated with that option.
The options are
Overview: Giving a brief overview related to ITS Form 1.
Who Should Submit this Form: Brief details about who is eligible to submit the selected Form.
Downloads: Opens the page from where downloads specifically for Form 1 are available. These include the Client Side Utilities for Form 1.(You must be logged in to access this)
FAQ: Frequently Asked Questions
Help: Tips and Assistance on e-Filing Form 1
Submit Your Returns: This leads to the page where the validated XML e-Returns file needs to be uploaded. (You must be logged in to access this)

What about the Other Services?

Other Services like find your PAN, find your TAN, Print Challan etc. are still available here on this website as a service from this website.In order to access the same, user needs to Click Other Services in the Top Navigation Menu of the website and click on the required Sub-Menu. The image shows the Sub-Menu’s available at this point in time which can further be clicked on and detailed information can be taken.

E – Filing Related Provisions : Old And New
May 28, 2007, 3:34 am
Filed under: FINANCE

Click image to enlarge

Who Can File E-Return and in which Form (Whether mandatory or not?)
May 28, 2007, 3:24 am
Filed under: FINANCE

Click picture to enlarge

Relevant Laws and Rules relating to the Efiling of Returns
May 28, 2007, 1:59 am
Filed under: FINANCE

  • Vide Notification No. 128/2006, dated 1-6-2006 S.O. 848 (E), Form 2F was notified.
  • Vide NOTIFICATION NO. 189/2006, dated 24-7-2006 Forms 1, 2, 3, 3B were notified
  • Vide Notification No. 253 of 2004, dated 30th Sep., 2004 S.O.1073(E), Electronic Furnishing of Return of Income Scheme, 2004 was notified for efiling of returns:
  • —-An eligible person may, at his option, furnish his return of income which he is required to furnish under sub-section (1) of section 139 of the Act for the assessment year 2004-05 and any subsequent assessment year, to an e-Return intermediary.
  • —-Digital signature, e-return, e-return intermediary were defined in this scheme
  • Circular 9, CBDT dated 10/10/2006

Process of E filing Of Returns
May 28, 2007, 1:55 am
Filed under: FINANCE

The below flowchart shows the process of e filing of returns with the income tax department.

Process of E filing Of Returns

Click picture to enlarge.

E-Filing of Returns
May 28, 2007, 1:31 am
Filed under: FINANCE

What is e-Filing?

1.The process of electronically filing Income tax returns through the internet using the government secured website is known as e-filing.

2.It is mandatory for companies to submit the Income tax returns electronically for AY 2006-07 and onwards.

3.As per the directions of Incometax Department, any company return submitting without a e-filing receipt should not be accepted

4.E-filing is possible with or without digital signature (digital signature can be purchased from the government designated offices.

Types of e-Filing
There are three ways of filing returns electronically:

Option 1: Use of digital signature where no paper return is required to be submitted.

Option 2: File without use of digital signature where paper return has to be submitted with which the efiling acknowledgement number is required to be submitted.

Option 3: File through an e-return intermediary who will do e-filing and also file the paper return on behalf of the taxpayer with which the efiling acknowledgement number is required to be submitted.

E-Filing of Returns-Blogsboard

Top Five Free Music Download Sites
May 27, 2007, 2:25 pm
Filed under: Free Stuff, music

Top Five Free Music Download Sites

Music is life and without music life will be dull and boring. But nothing comes free even good music but legal downloading of mainstream music requires purchasing the song. However, there are lot of websites that allow user to download free music. Here are the list of the best five free music download sites:

Jamendo : Free legal music download site that contains music from new an unsigned artists from every genre of music. Users can search by genre and also by country to find new musicians from all over the world. Jamendo also contains a great user review section.

AltSounds : Free legal streaming and download site split into two unique sections. One half is AltSounds band/music in which multiple genre-specific radio stations playing new artists can be streamed. The other half is displaying th latest news, reviews and interviews on the website’s showcased artists.

FreeMP3Mail : Free legal download system in which the user creates an account by giving the site an email address and a password. Every time FreeMP3Mail posts new free music, the songs or albums are sent to the user’s email. All the listener has to do is click on the link and the music is downloaded.

ACIDplanet : Free legal music download website where aspiring musicians use the Acid software to create and upload theire music to the ACID planet website. By using the available software, artists can also edit, mix and produce their own songs and videos and make them available to online music fans.

ArtistLabel : Free legal music streaming site that has multiple charts to help listeners discover the more popular new and underground artists. It contains Top 10 charts for dozens of genres. It also has all-time, weekly and monthly charts pertaining to artists.