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TMI BlogViewing of MIS relating to Tax payments made under IDS 2016 and tax payment and TDS claim matching before issue of Form 4 – enhancements of functionalities - Income Disclosure Scheme, 2016X X X X Extracts X X X X X X X X Extracts X X X X ..... issued on 24.06.2016 and IDS Instruction Number 2 issued on 01.07.2016. The functionalities of viewing online Form 1, uploading manual/paper Form 1 received by PCIT/CIT, generation of Form 2 for e-Filed/paper Form 1, viewing of Form 3 submitted online and generation of Form 4 for e-Filed/paper Form 1 were made available to PCIT/CIT on the efiling portal of the Income Tax Department. 2. The key changes introduced in this release is the functionality to view MIS relating to Tax payments made under IDS 2016 and tax payment and TDS claim matching before issue of Form 4. The details of the steps are annexed. Accordingly, the process of reviewing Form 3 or uploading Manual Form 3 and issue of Form 4 have been enhanced. The detailed instruction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2016). * User needs to click on the hyperlink at "Receipt No." to view the uploaded Forms. * Along with the forms, a link "Tax Payment & TAN mismatch details for FORM 3" will be displayed. * The following conditions are considered while displaying mismatch Details * If "Amount claimed " is less than "Amount available", then there is no mismatch * If "(Amount Claimed) minus (Amount Available)" is greater than Rs. 10/-, then it is considered as mismatch. * In case of e-Filed Form 3, the details of "Tax Payment mismatch" and "Invalid TAN/PAN" shall be displayed. With respect to "TDS/TCS mismatch", the data available with e-Filing is only for AY 2014-15 to AY 2016-17 and therefore, the same will be matc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TD user can click on "Submit" for successful submission of Form 4. * View of issued Form 4 shall be made available under the hyperlink at "Receipt No." of the respective Form 1 record. Path for viewing, IDS → View Forms (IDS, 2016). Introduction: Form 3 shall be furnished by the declarant to the jurisdictional Principal Commissioner or Commissioner for the proof of payment of tax, surcharge and penalty after receiving Form-2. If the declarant has filed manual Form 3, then the Principal Commissioner or Commissioner shall upload such manually filed Form 3 under ITD login. In case the Form 3 is e-Filed by the assessee then such e-Filed Form 3 will be visible to the Jurisdictional Principal Commissioner or Commissioner. Process Flow: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DT, taxpayer has to provide complete details of Tax payments and TDS claims in the latest Form 3 irrespective of the fact that he has already uploaded a Form 3 earlier i.e. the details to be filled in Form 3 has to be cumulative. * Accordingly, the latest Form 3 shall be considered for auto-populating the tax details in Form 4. View Form 3: * For viewing manual Form 3 by PCIT/CIT, the process flow is as under: * Login to e-Filing, Navigate to IDS View Forms (IDS, 2016). * User needs to click on the hyperlink at "Receipt No." to view the uploaded Forms. * Along with the forms, a link "Tax Payment & TAN mismatch details for FORM 3" will be displayed. * The following conditions are considered while displaying mismatch Det ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d by the jurisdictional Principal Commissioner or Commissioner after upload of Form 3 by the assessee. * For issuing Form 4, the ITD user should click on the link "Issue Form 4" provided at "Action" column under "View Forms (Income Declaration Scheme, 2016)". * "Issue Form 4" shall be enabled only when the following criteria is met: If the result of "[(IDS Tax paid by the assessee as per OLTAS) + ("TDS/TCS claimed by the assessee in Form 3" AND "Amount available after considering the consumed status" whichever is less)] MINUS [Tax liability as per Form 2]" is (greater than -101) OR (Less than 101). * On clicking on "Issue Form 4", the ITD user will be able to fill the details in Form 4 as shown below * The fields in Form 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yed on the screen. Step by step procedure to Generate Signed PDF The Steps to digitally sign the PDF of submitted Form 2 can be explained as follows: * Download the PDF signing Utility. * Extract the PDF signing Utility → Right click and Open the JAR file of PDF signing Utility. * Select a valid PDF File of submitted Form 2 by clicking on "Browse PDF file" button. * Enter the PAN of the DSC which is registered under e-Filing login. * Select the type of Digital Signature Certificate (.pfx File/USB token). * If ".pfx File" is selected, then the user should use the "Browse DSC file" button to select the DSC file and enter the password in "Private Key" field. * If "USB token" is selected, then the user needs to select the C ..... X X X X Extracts X X X X X X X X Extracts X X X X
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