HOW TO ADD NEW DDO DETAILS IN SFT FILING

Login to the Income Tax Portallogin using id and passwordNow click on My Account - Reporting Portal - ConfirmNow you will redirect to Income Tax reporting portal pageHere click Ok then choose Manage Principal Officer then click on ContinueHere select the Form Type and ITDREINNow Choose existing DDO name then click on Deactivate Now close the TabNow go the the Income Tax portal and do the...

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How to upload TDS statements on Income Tax e-Filing Portal

To Upload TDS, the steps are as below: Create Signature file for registering your DSC Create .zip file create upload file Upload file in Income Tax Portal 1. Creating Signature file for Registering DSC First you have to create a signature file then you have to upload it in income tax portal. For creating signature file you need a software that is called DSC Utility you can download...

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Registration/Preparation and Filing of Income Tax SFT Report (Form 61A)

Today I am going to tell you how to file Nil return of a Sub-Registered office for the financial year 2018-19. 1. Download the Software Go to Income Tax Reporting Portal Now Click on Utilities under Resources TAB Here download the below 2 softwares Generic Submission Utility Report Generation and Validation Utility - Form 61A Note: You must installed Java 2. Preparation of...

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What is SFT report (Form-61A)

The Income Tax Act has framed a new concept to furnish a Statement of Financial Transactions in a prescribed form 61A also known as AIR (Annual Information Return) previously. The Statement of Financial Transactions or Form 61A is a record of specified financial transactions that should be furnished under the Income Tax Act. The specified financial transactions referred above are of following...

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Home Loan Tax Calculations

1. Deduction of Interest Paid on Housing Loan A home loan must be taken for the purchase/construction of a house and the construction of the house must be completed within 5 years. It has two components – Interest payment and Principal repayment. The interest portion of the EMI paid for the year can be claimed as a deduction from your total income up to a maximum of Rs 2 lakh under Section...

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