TMI BlogEnlargement of scope of Tax Return Preparer (TRP) SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... SE The Government of India have decided to enlarge the scope of the existing Tax Return Preparer (TRP) Scheme and authorize them to prepare and furnish returns of Tax Deducted at Source (TDS) and Service Tax, in addition to incometax returns. To carry out the aforesaid decision, the Central Board of Direct Taxes has decided to retrain the TRPs. For this purpose, a retraining course consisting o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxable income and tax thereon, filling out relevant forms, filing returns both manually and electronically, and filling out disbursement details. Apart from legal aspects and procedures, the training will equip the TRPs with ways to generate leads and handle difficult situations and customers. At the end of each training module, TRPs will be required to appear for a certification test, which mus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... line exam will be conducted on 20th March 2009, result of which be declared on 21st March 2009. Upon successful retraining, they will also be able to prepare and file four quarterly return of TDS two half yearly returns of Service tax. This will increase their area and scope of work, their remuneration and also help increase compliance to tax laws. Tax Return Preparer Scheme was launched in 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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