File income tax return online: It's easier, secure

File income tax return online: It's easier, secure

New Delhi : As the July 31 deadline for filing income tax returns looms, there is usually a huge rush among the taxpayers. To avoid the long queues and complications, most people prefer to delegate the task to tax consultants or chartered accountants.

But filing of income tax returns online has emerged as a better option and is becoming increasingly popular. The number of electronic tax returns almost doubled to as many as 16.4 million in 2011-12. This is slightly less than half the 35 million-odd returns filed for the year.

E-filing of return is easy, fast and secure. You can file your return online without much bother if you take care of a few things. There are two ways of filing the return online.

One way is going to the Income Tax Department website incometaxindiaefiling.gov.in.

Filing of return through this website is free of cost, while e-return intermediaries charge a fee of around Rs.250 to Rs.1,000, depending on the kind of service you avail of.

The popular e-return intermediaries are TaxSpanner.com, Taxsmile.com, myITreturn.com, Taxyogi.com, and taxshax.com.

"If you are comfortable in calculating your taxes and using computer and internet, you can file the return free of cost through the Income Tax Department website," said Ankur Sharma, co-founder and chief executive officer of TaxSpanner.com, a leading e-return intermediary.

He said the e-return intermediaries help in calculations and do other jobs on behalf of the tax payers.

"E-return intermediaries provide the same service as you get through your tax consultants or chartered accountants. The only difference is we are doing it online," Sharma told IANS.

He said the online filing of return is easy, secure and cost effective. "Even if you do it through intermediaries, the fee charged is much less. All the data is secure. If we reveal the data to anybody like insurance and marketing companies, our licence will be cancelled," he added.

For e-filing of return through the Income Tax Department website, you can download the relevant form from the incometaxindiaefiling.gov.in website. You need to chose the form from ITR 1 to 7 depending on your source of income. If your sources of income are only salary/pension, interest income and income/loss from one house property, then you can use ITR 1.

The website explains who should use which type of form (ITR 1 to 7). Select excel version of the form and enable it with proper software. You can download the return preparation software from the department website free of cost.

Fill up your return offline and generate an XML version of the file.

Now once again go to the e-filing website and choose the assessment year for which you are filing the return. For example, if you are filing the return for financial year 2011-12, then the assessment year will be 2012-13. Register yourself on the website and upload the XML file.

The moment you upload and send the form, you will have access to an Income Tax Return Verification form (ITR-V), which is the acknowledgment form.

Take a print out of that form, sign it and send it to the Centralised Processing Centre, which is based in Bangalore, through ordinary post or speed post within 120 days of transmitting the data electronically. Registered Post or Courier is not accepted. The centralised centre is managed jointly by the Income Tax Department and Infosys Technologies.

If you want to file through an intermediary, you can go to its website. The intermediaries have various packages, choose the one which suits you. Provide them the data, and they will do most of the job.

The Income Tax Department expects a sharp jump in electronic filing of return this year. "Last year, it almost doubled. We are expecting similar growth this year as well," said a senior Central Board of Direct Taxes (CBDT) official, requesting anonymity as he is not authorised to speak to the media.

"Processing for e-filed return is faster and taxpayers get their refunds, if due, quickly."

(Gyanendra Kumar Keshri can be contacted at gyanendra.k@ians.in and biz@ians.in)

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The Top IT Company Solved Placement Papers 1

Image via Wikipedia4 Sample CTS Type Interview Questions

Dear Reader, In CTS interviews, you can expect to be quizzed on conceptual questions. Below are four sample questions for your practice.

Interview Question 1

How inline functions are interpreted by the compilers ? What could be the main use ?

Answer 1

When inline functions are used compilers are expected to expand the function in every place of call. This approach saves time when there are lots of function calls.

Interview Question 2

Which among the following is preferred for embedded applications, microprocessors or microcontroller?

Answer 2

Microcontrollers are used for embedded applications.

Interview Question 3

In SDLC, what is black box testing (which comes under testing phase) ?

Answer 3

Black box testing is nothing but testing the actual functionality of a module/program at a high level. Here one may test different outputs for different sets of inputs. Also the one may not worry about the module/program internals under testing.

Interview Question 4

In SDLC, which is the testing phase that takes care that client requirements are actually met after installing the application on the site ?

Answer 4

UAT or User Acceptance Testing is the concerned testing phase.

Dear CV Reader, Are You Preparing Seriously For Your Placement Tests ?


3 TCS Sample Networks Related Interview Questions


Dear Reader, you can always expect questions from computer networks.Below are three sample Interview Questions.

Question 1

Which is the protocol used for communication between network managing computer and all other computers or devices within the same network ? Hint : This is an application layer level (in OSI) protocol.

Answer 1

Answer is SNMP - Simple Network Management Protocol.

Question 2

Say there are two similar programs installed on Unix and Windows systems in a network. If these programs require data to be passed back and forth across the network, Which of the OSI layers will be responsible for handling platform differences ? Hint : This layer is also capable of inclusion of encryption services.

Answer 2

Answer is Presentation Layer.

Question 3

Name a simple protocol that is very widely used in measuring time taken for a server to respond to a request in network ? Hint : With this protocol one can check if a remote server is actually connected/active.

Answer 3

Answer is Ping Protocol.

Dear CV Reader, Are You Preparing Seriously For Your Placement Tests ?


CTS 3 Sample Sequences Questions

In CTS you can expect few questions from sequences. Though generally easy to crack, these questions require good concentration on your part, else could get tricky.

Placement Question 1

Find the next pair in the sequence - AB CA FB JA

Options : 1) OB 2) OC 3) NA 4) NB

Answer 1

Answer is option 1) OB.

Reason.

Consider the first terms of the sequence A,C,F,J... Here C is one next A, F is two next C, J is three next F and so on. Hence next alphabet would be O (which is four next J). Consider second terms B,A,B,A... Hence this is an alternating sequence of Bs and As. Hence next alphabet would be B.

Based on the above two statements, the answer is OB.

Placement Question 2

Find the next pair of alphabets in the sequence - AB EC ID OE

Options : 1) LF 2) UF 3) UG 4) LE

Answer 2

Answer is option 2) UF.

Reason.

Consider the first terms of the sequence A,E,I,0... Have you seen this somewhere ? :). Yes, this is our good old sequence of vowels. Hence next vowel would be U.

Consider second terms B,C,D,E... This is a plain sequence of alphabets in order. Hence next one would be F. Combining above two statements answer is UF.

Placement Question 3

(Easy Question) Find the next alphabet in the sequence... A,Z,B,Y,_,X ?

Options : 1) D 2) C 3) F 4) G

Answer 3

You would had already guessed. Yes, it is option 2) C.

Reason

Consider the second, fourth and last alphabets. They are Z,Y and X which are the last three alphabets. Similarly consider the first and third terms - A and B. These are the first two alphabets. Hence logically the blank should be occupied by C which is the third alphabet from the start.

Wipro 3 Sample C Basics Interview Questions

During Wipro interviews, you can expect few questions touching the basics of C. These may not be difficult, but would require a good understanding of the basics. Let us discuss 3 sample questions which can help during your interviews.

Interview Question 1

Tell one good programming requirement that illustrates the fact that C is a strongly typed language ?

Answer 1

C involves variable declarations before their usage. This makes it clear that C is strongly typed.

Interview Question 2

Consider a weather report application in C where any change in temperature by +- 2 degrees will be constantly reported to the system and the application should store the times of the day when these changes took place. Which is a better data structure to be used in this scenario - an array or a linked list ?

Answer 2

Linked List would handle dynamically growing data very well when compared to arrays. Hence it would be a better choice.

Interview Question 3

Can one use arrays to implement stacks or queues over linked lists ? Is it feasible ?

Answer 3

Thought linked lists are commonly used for implementing stacks or queues, with good programming logic, arrays can also be used to implement those. However, as you would expect, linked lists are far more efficient in this scenario.


4 CTS Sample Interview Easy Questions

You can expect technical questions from various subjects like sql,microprocessors,algorithms and their complexities etc during CTS interviews. Below are few sample questions (easy) for your practice.

Interview Question 1

Can u tell a simple difference between candidate keys and primary key ?

Answer 1

Both candidate and primary keys uniquely identify a row in a table. However, only one can be chosen as primary key, while there can be many candidate keys.

Interview Question 2

Is semicolon mandatory at the end of a block statement in C ?

Answer 2

No, semicolon is not essential at the end of a block statement. For example, consider a statement of the form if(x==5){...some statements...}
In the above statement, there is no need for semicolon after the closing '}'.

Interview Question 3

Consider there are two programs written respectively using two algorithms A and B. Say A has a complexity of n^2 and the other has a complexity of n/2. Given the same number of inputs which would take longer time to run.

Answer 3

First program written using algorithm A will take longer time. Higher the order of complexity, longer the time taken for execution.

Interview Question 4

How microcontroller is different from microprocessor with respect to hardware and memory requirements ?

Answer 4

Microcontroller, unlike microprocessor, is self contained with necessary hardware like I/O, memory etc embedded to it.

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HCL SYSTEM SOFTWARE Sample Papers - 3

Section A


1. Which of the following involves context switch,
(a) system call
(b) priviliged instruction
(c) floating poitnt exception
(d) all the above
(e) none of the above
Ans: (a)


2. In OST, terminal emulation is done in
(a) sessions layer
(b) application layer
(c) presentation layer
(d) transport layer
Ans: (b)


3. For a 25MHz processor , what is the time taken by the instruction which needs 3 clock cycles,
(a)120 nano secs
(b)120 micro secs
(c)75 nano secs
(d)75 micro secs


4. For 1 MB memory, the number of address lines required,
(a)11
(b)16
(c)22
(d) 24
Ans. (b)


5. Semaphore is used for
(a) synchronization
(b) dead-lock avoidence
(c) box
(d) none
Ans. (a)

6. Which holds true for the following statement class c: public A, public B
a) 2 member in class A, B should not have same name
b) 2 member in class A, C should not have same name
c) both
d) none
Ans. (a)


7. Question related to java
8. OLE is used in
a) inter connection in unix
b) interconnection in WINDOWS
c) interconnection in WINDOWS NT

9. Convert a given HEX number to OCTAL


10. Macros and function are related in what aspect?
(a)recursion
(b)varying no of arguments
(c)hypochecking
(d)type declaration


11.Preproconia.. does not do which one of the following
(a) macro
(b) conditional compliclation
(c) in type checking
(d) including load file
Ans. (c)


12. Piggy backing is a technique for
a) Flow control
b) Sequence
c) Acknowledgement
d) retransmition
Ans. (c)


13. In signed magnitude notation what is the minimum value that can be represented with 8 bits
(a) -128
(b) -255
(c) -127
(d) 0


14. There is an employer table with key fields as employer number data in every n'th row are needed for a simple following
queries will get required results.
(a) select A employee number from employee A , where exists from employee B where A employee no. >= B
employee having (count(*) mod n)=0
(b) select employee number from employe A, employe B where A employe number>=B employ number
group by employee number having(count(*) mod n=0 )
(c) both (a) & (b)
(d) none of the above


15. Type duplicates of a row in a table customer with non uniform key field customer number you can see
a) delete from costomer where customer number exists( select distinct customer number from customer having count )
b) delete customer a where customer number in b rowid
c) delete customer a where custermor number in( select customer number from customer a, customer b )
d) none of the above

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