Friday, July 30, 2010

Techline Info

Techline Info


Step by step guide of e-filing income tax return

Posted: 29 Jul 2010 12:35 PM PDT

The income Tax department –Govt of India has introduced online submission  of Income tax returns called e-filing which facilitates  fast processing of income tax returns and refunds.  A simple application based on MS excel makes the ITR form filling easy. Here go through the steps  to fill your income tax returns.

Go to this link https://incometaxindiaefiling.gov.in/portal/selectforms.do and understand the appropriate form.

Download the appropriate return preparation software and help guide to fill the form.  It is an MS excel application .https://incometaxindiaefiling.gov.in/portal/downloads.do

Open the downloaded Excel file and fill the required details. Remember you must enable the Macro and Active X contents in MS Excell. In Excel 2007 you will get an info bar to enable the same.  Take adequate care to fill PAN, date of birth, Gender, Status, Residential status, Address, bank account number etc. For example to fill ITR-1 you need the following:

  • Form 16 – Giving details of Salary Income and Tax Deducted at Source (TDS) from Employer
  • Rental Income details (along with Form 16A in case any Tax has been deducted) and Statement of Interest paid on Housing loan from Bank
  • Interest of FD, Savings Bank etc details (along with Form 16A in case any Tax has been deducted)
  • Life insurance / health insurance premium, donation receipts
  • Tax payment challans and TDS certificates

After filling the complete details save the file and press the "validate" button in the excel sheet. Correct the errors if any and  click "Generate XML “  button. The xml file is generated and saved by default in the same directory or location where the Excel file is saved.

Go to  https://incometaxindiaefiling.gov.in/portal/login.do and login with your user id and password.  If you have not registered register with your PAN. Your PAN will be the user id. A valid e mail id is also mandatory.

After logged in, select the form Type and AY 2010-11 from the drop down menu under the submit return section. Upload your XML file (generated in the previous step). Select the " No "button for  "Do you want to digitally sign the file?"  . If you have class –II digital certificate, select the "Yes" option  (Digital signature certificates (DSC) are the digital equivalent that  is electronic format of physical or paper certificates)  . Now you will get a "success screen" and a link to download ITR V form (Income Tax Verification). A copy of the same will be mailed to your email id also.
In the case of  digitally signed return-, the return filling process is completed and only to retain the acknowledgment for  your reference

Take  print  of  ITR V in an A4 size paper  in two copies (Inkjet or Laser print with Black ink only) . One copy of ITR V, duly signed by the taxpayer, has to be sent by ordinary post to Income Tax Department – CPC, Post Bag No. 1, Electronic City Post Office, Bangaluru–560100 (Karnataka) immediately. The other copy may be retained by the assessee for his record. The form must reach the destination within 120 days after the date of transmitting the data electronically.

Important:   ITR-V sent by Registered Post or Courier will not be accepted. The signature in ITR V must be in BLUE ink.

See the flow chart of complete process


Click here for the interactive video Demo of  E filing


The Apple iPad or the HP Hurricane?

Posted: 28 Jul 2010 11:18 PM PDT

Tablets soar to limelight with the Apple iPad. This 9.7″ touchscreen device wooed a large part of the consumer crowd. Apple is said to have sold about 3.27 million units till date. But, the iPad will soon have company, or rather competition, in the market. HP is readying tablets of its own. These tablets are said to feature different operating systems – Microsoft’s Windows 7, Google’s Android and Palm’s (now HP’s itself) WebOS. Personally I’m not a big tablet fan. I’d any day pick up a cheap laptop, than any of the advanced, feature-rich, enticing tablets. However, I was quite interested in comparing HP’s WebOS tablet, the Hurricane, with the Apple iPad. After all, it was Palm’s WebOS which gave the iPhone OS a run for its money.

Since the HP Hurricane is not released yet, most of the comparison is based on the operating systems of these tablets. While the initial iPads shipped with the iPhone OS, an upgrade to iOS4 is expected soon (whether for free or for a price is not known yet). Hence, the iOS4 is used for the comparison below:-

Multi-tasking

WebOS brought with it multi-tasking more than a year ago. The Apple platform just got it now. Despite both operating systems having this ability, there’s a big difference in what they do. With WebOS, you can have several apps active and running at the same time. Be it downloading of music, or playing a game or having your emails and social networks update in the background, the WebOS can do it all. While one app is running in the foreground, the rest of the active apps run in the background. There is no restriction on multi-tasking (except the RAM ofcourse). iOS4 on the other hand, supports multi-tasking only for downloading content, streaming music and GPS based services. All other active applications cannot run in the background, while you’re working on something else in the foreground. When you navigate from one app to another, the first app is paused. When you switch back to this app, it will continue from where you left it. Therefore there is some sort of a status saving that happens when you switch from one app to another.

Emails and Contacts

WebOS allows on-the-cloud syncing of contacts, calenders and conversation. This feature is called Synergy. It pulls contacts from different sources like email accounts, social networks etc. and puts them in the user’s contacts list. Synergy also syncs calenders from various mail accounts, so that the user can easily manage his time. Then there’s something called Buddy List. IM conversations with contacts in this Buddy list can be continued seamlessly via SMS and vice-versa. iOS4 presently does not have a feature that aggregates contacts from different sources. It does have a provision to show all calenders though. There’s a unified inbox feature, which displays emails from various accounts as well.

Apps and eBooks

Nothing can beat Apple’s App Store, which has more than a billion apps today. Palm does have an applications store called App Catalog, but it has a long way to go to catch up with the App Store. Plus, the introduction of the iBooks store has given users the freedom to carry thousands of books with them, effortlessly.

Multi-touch and Gestures

When it comes to multi-touch and gestures, both platforms support either of these. However, the Apple interface is considered by many to be more touch responsive than any other interface available today.

Adobe Flash

WebOS supports Flash, but iOS4 does not. iOS4 supports HTML5 instead of Flash.

Camera

The iPad does not have an in-built camera, but the Hurricane has 2 of them – one for taking photographs (and videos) and the other for video calls. Clicking pictures and shooting videos with a tablet? Does not sound very comfy. But nonetheless, there are cameras. The iPad can however be connected to an external camera using a special kit provided by Apple. Hmmph..Extra luggage.

Connectivity

The Hurricane will be gifted with at least a USB port and an SD card slot. For the iPad its more luggage again, with the dock-connector that is required for connecting it to a PC or a laptop.

These are some of the basic differences between the two tablets and their platforms. In-order to get a better picture, we’ll however have to wait for the release of the HP Hurricane, which might happen later on this year.

Author: Trinity Nick


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