Para 3 - Returns how to be furnished - Scheme for Bulk Filing of Returns by Salaried Employees, 2002

Returns how to be furnished. 3. The Scheme is optional, and provides an additional mode of furnishing of returns of income by persons deriving income from salaries. Under the Scheme, an "eligible employee" may furnish his return of income for an assessment year which he is required to furnish under sub-section (1) of section 139 during any current financial year to his employer, who will transcribe the data of such returns on computer readable media using an autho rised Bulk Return Preparation Software (BRPS), which will be made available by the Income-tax Department, and shall furnish these returns of income together with the data on specified computer readable media, called "Bulk return", to the designated Assessing Officer by the due date for furnishing of the returns of income under that sub-section.