Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: VAT RATES :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: due date for vat payment :: TDS :: VAT Audit :: cpt
 
 
« News Headlines »
 4 reasons why deadline to file ITR should be extended this year
 It’s time to file your India tax return
 Are you filing the correct GST return?
 How foreign companies can file income tax return in India
 Last minute checklist for filing income tax return
 Filing tax returns? Here are seven things to remember
 Clarifications on computation of book profit for the purposes of levy of Minimum Alternate Tax (MAT) under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies.
 Mistakes in filing income tax returns that may get you a tax notice
 Know how you can claim return of income in Form 26 AS case
 What you must know for tax filing this year
 How to file tax return if you have two Form 16s

I-T dept to train 5,000 tax return preparers
April, 08th 2008
The Income Tax department will soon start training the second batch of 5,000 tax return preparers (TRPs) across the country.
 
With 1.28 million tax payers filing their returns electronically in 2007-08, the department, in association with training partners - NIIT and Taxmann, is also planning to provide training on preparing electronic returns.
 
Launched in 2007, the programme aims at assisting tax payers file returns. The TRPs have also been asked to bring in more people under the tax net.
 
They charge existing tax payers Rs 250 for each return, while the department pays them 3 per cent, 2 per cent, and 1 per cent of the tax paid by a new assessee in the first three years, respectively.
 
There will be an all-India test in a month to select 5,000 fresh candidates who will be trained by June-end to make them ready in time for the peak return filing month of July.
 
Last year, candidates were trained at 100 centres across the country. This year, new locations will be added to expand geographical coverage.
 
Out of the 5,000 candidates trained at last year, about 3,700 were certified to function as TRPs. They helped file 50,000 returns in 2007-08 for self-employed individuals, salaried persons, senior citizens, Hindu Undivided Family (HUF), and women. With the scheme stabilising, the department expects a manifold increase in returns filed by TRPs.
 
"We had started from scratch last year and had no experience in this field. After the first years experience, we will make slight change in training of TRPs and make the scheme more effective this year," said an Income Tax department official.
 
The department is also likely to appoint a nodal officer at city or state level to resolve local issues and coordinate various activities of the TRPs.
 
The department has advised TRPs to work as entrepreneurs to win the trust of people and be accessible to provide low-cost service compared to chartered accountants.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions