Furnishing of Return of Income on Internet Scheme, 2004

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..... an individual who has been allotted Permanent Account Number and who has income under the head "Salaries" but does not have any income under the head 'Profits and gains of business or profession", who is assessed or assessable to tax in any of the cities specified in Schedule 'A' of this scheme; 2. Definitions In this scheme, unless the context otherwise requires - (a) "Act" means the Income Tax Act, 1961 (43 of 1961); (b) "Board" means the Central Board of Direct Taxes constituted under the Central Board of Revenues Act, 1963 (54 of 1963); (c) "digital signature" means a digital signature issued by any Certifying Authority, authorised to issue such certificates by the Controller of Certifying Authorit .....

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..... he eligible person shall register himself on the website as designated by the e-Return Administrator for this purpose. On registration, the eligible person shall be allotted a user identification number and a password. (2) The eligible person shall, using his user identification number and password, logon to the designated website and prepare his return of income in the specified electronic format, using the authorised return preparation software provided on the website. The eligible person shall also - (i) give particulars of the bank account in which he wishes to receive his refund, if any; and (ii) attach electronically the Tax Deduction at Source certificate, if any, duly signed digitally by the issuer. (3) The .....

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..... acknowledgement shall be deemed to be the date of filing of return of income. 6. Processing internet return of income (1) The internet return of income shall be processed on priority basis. (2) The refund, if any, due to the assessee shall be either credited by the assessing officer directly to his bank account, using the Electronic Clearing Services (ECS) of the Reserve Bank of India or directly sent to the assessee. 7. e-Return Administrator The e-Return Administrator shall specify the procedures, formats and standards for ensuring secure capture and transmission of data and will also be responsible for the day to day administration of the scheme. Schedule 'A' (See Sub-Paragraph (3) of Paragraph 1) Serial Number .....

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