HOW TO ENABLE MACROS IN MICROSOFT EXCEL FOR RETURN PREPARATION UTILITY

It is necessary to ENABLE the execution of macros in Return-Preparation-Utility in order to enter, validate and generate an .XML file for upload. Follow these steps to ENABLE execution of macros depending on the version of [Microsoft Office Excel] being used to open the Return-Preparation-Utility : [Microsoft Office Excel 2003] Navigate through the following excel menu option to reduce the level of security in executing macros : Tools –> Macros –> Security –> Low OR Tools –> Macros –> Security –> Medium Save the excel-utility and re-open it.   [Microsoft Office Excel 2007] Navigate through the following excel menu options […]

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Income tax: IT Returns e-Filing Process : Type of Return Form to choose

Which Form is Applicable For Individuals, HUF S.No For Þ Individual Individual, HUF Source of Income ß ITR-1 ITR-2 ITR-3 ITR-4 ITR-4S 1 Income from Salary/Pension • • • • • 2 Income from Other Sources (only Interest Income or Family Pension) • • • • • 3 Income/Loss from Other Sources • • • • 4 Income/Loss from House Property • • • • 5 Capital Gains/Loss on sale of investments/property • • • 6 Partner in a Partnership Firm • • 7 Income from Proprietary Business/Profession • 8 Income from presumptive Business • For Firms, Associations of Persons […]

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