Para 8 - Processing of the return - Scheme for Bulk Filing of Returns by Salaried Employees, 2002

Processing of the Return 8. (1) The "Bulk return" will be processed on priority basis, but in the same manner as the other returns of income which are received in the normal course are processed. (2) After processing of the "Bulk return", employee-wise intima tions under sub-section (1) of section 143 would be generated only in the cases where there is a demand or a refund. (3) The refunds arising to those "eligible employees" who had given their consent for delivery of their refunds through the employer, would be prepared separately for service through the employer. (4) The refunds arising to the remaining employees would be transferred by the designated Assessing Officer directly to their bank accounts, using the Electronic Clearing Scheme (ECS) of the RBI. (5) A consolidated statement showing the result of the processing in respect of each return included in the Bulk return, the amount of resultant refund, the manner in which it is being issued (i.e., whether the refund cheque is being sent to the employer, or credited to the bank account of the employee), shall be sent by the designated Assessing Officer to the concerned employer, together with the intimation, and the refunds cheques mentioned at sub-clause (3) above, for distribution amongst the concerned employees. Control Chart for Bulk Return Assessment year PART A : Particulars of eligible employer/DDO 1. Name of the employer/DDO Name and address of the DDO Area/ Locality Street City Pin Code 2. Address of the employer/ DDO for correspondence Area/ Locality Street City Pin Code 3. TAN number allotted to the employer/DDO 4. Designation of Assessing Officer before whom Annual TDS return(Form No. 24) is filed 5. Date of filing Form No. 24 for the F.Y. 6. No. of employees for whom the Bulk return is being furnished 7. Name of the specified city 8. Type of computer readable medium used for Bulk Return 9. No. of units of computer readable medium used PART B : Particulars of eligible employees S.No. Name of employee PAN of employee Total income Refund claimed Refund to be sent to 1 2 3 4 5 6 Notes : 1. In Part B column 6 above, state D if the refund cheque is to be sent to the employer/DDO and state B for refund to be credited to the bank account of the employee. 2. The employee opting for credit to his bank account through the Electronic Clearance Scheme of RBI shall enclose the mandate form with his return of income in Form No. 2D or Form No. 3. 3. The returns of income in Form No. 2D or Form No. 3 should be in the same order as in Part B of the above chart, and are numbered with the same serial number as in the chart. Place : Date : Name and signature of the employer/DDO (For use of Income-tax Office only) Receipt This is to certify that the receipt of Bulk return containing ................................. returns of income for the assessment year ............................ from................................................. (name of employer/DDO) today i.e., .................. (date) along with returns of income in Form No. 2D or Form No. 3 of .................... employees as per the list given in the con trol chart above. Stamp and Official Seal Name and Signature of Receiving Official Date : Consent Form I (.................................................................), son/daughter/wife/of (.............................................), an employee of M/s. (........................................), hereby authorise (...........................................), my employer/DDO, to furnish my return of income for the assessment year (...............) before the designated Assessing Officer under the scheme for Bulk Filing of Returns by Salaried Employ ees, 2002. 2. I also authorise my above employer/DDO to receive any intima tion letter, challans, notice etc. in respect of above return from Income-tax Department on my behalf. 3. *I further authorise my employer/DDO to receive any refund voucher issued by the Income-tax Department in my name in connec tion with the above return. OR *The refund arising to me on the processing of the above return may be transferred to my Bank Account through the Electronic Clearing Service (ECS) of the Reserve Bank of India for which separate mandate form is enclosed. (*Delete whichever is not applicable.) Place Date : (…………………………) Name and signature of the assessee Electronic Clearing Service (Credit Clearing) Mandate Form Assessee's Option to receive refunds through Electronic Clearing System 1. Name of assessee 2. Permanent Account Number 3. Particulars of Bank Account: (a) Bank Name: (b) Branch name: (c) 9-Digit Code Number of the Bank and branch appearing on the MICR cheque issued by the Bank: (d) Account Type (Savings Bank Account/Current Account or Cash Credit) with code 10/11/13 (e) Ledger No./Ledger Folio No.: (f) Account Number: 4. Valid for assessment year: I, (......................................................), son/daugh ter/wife/of (...............................................), hereby declare that the particulars given above are correct and complete and true to the best of my knowledge, belief and information. Place : Date : (.................................................) Signature of the assessee