Showing posts with label Tax return. Show all posts
Showing posts with label Tax return. Show all posts

Friday, 27 September 2013

CA Student hacks efiling account again!!

CA student hacks tax returns of Shah Rukh, Salman, Sachin Tendulkar, MS Dhoni



Mumbai Police's crime branch on Thursday stumbled upon a Chartered Accountancy (CA) student, who hacked into I-T returns of industrialist Anil Ambani, Bollywood actors Shah Rukh Khan and Salman Khan and cricketers Sachin Tendulkar and MS Dhoni.
Earlier this month, a Hyderabad-based chartered accountant had hacked into Anil Ambani's e-filing of income-tax return account.
With the two cases of illegal access of I-T returns of eminent personalities by CA students, the accounting regulator, ICAI, has said that it will take strict action against the students and cancel their articleship if found guilty.
"We have already set up an enquiry against the CA student who hacked into Anil Ambani's tax returns. As regard the hacking of Bollywood actors and cricketers, we will set up an enquiry by tomorrow against the student," Subodh Aggarwal, president, the Institute of Chartered Accountants of India (ICAI) told The Indian Express.
He said that a newsletter will be issued to make students aware of the consequences and desist them from indulging in such activities.
If found guilty, the articleship of the students would be cancelled, following which they would not be able to pursue their chartered accountancy course.
"This also shows that the government system is so vulnerable. We will take it up with the government," Aggarwal added.
The Mumbai Police, which is probing the alleged hacking by the Hyderabad-based student , said that while probing they found that Ambani's account was also fraudulently accessed from Noida.
This investigation led them to Vishal Kaushal Company, an accountancy firm in Noida, from where another CA student Sanchit Katiyal had hacked into Ambani's account. Katiyal, who is undergoing his articleship, was booked by the cyber crime cell on September 16, and his computer and hard disks were seized.
Katiyal had hacked the accounts out of curiosity, the Mumbai Police said.

Source: The Indian Express dated 27.09.2013

Wednesday, 25 September 2013

ITR-V Do's & Don'ts

ITR-V Do's & Don'ts

 Please use Ink Jet /Laser printer to print the ITR-V Form. Use of Dot Matrix printer should be avoided.

 The ITR-V Form should be printed only in black ink. Do not use any other ink option to print ITR-V.

 Ensure that print out is clear and not light print/faded copy.

 Please do not print any water marks on ITR-V. The only permissible watermark is that of "Income tax
Department" which is printed automatically on each ITR V.

 The document that is mailed to CPC should be signed in Original.

 Photocopy of signatures will not be accepted.

 The signatures or any handwritten text should not be written on Bar code.

 Bar code and numbers below barcode should be clearly visible.

 Only A4 size white paper should be used.

 Avoid typing anything on the reverse side of the paper.

 Perforated paper or any other size paper should be avoided.

 Do not use stapler on ITR-V Acknowledgement.

 In case, you are submitting Original and Revised Income Tax Returns, do not print them back to back.
Use two separate papers for printing ITR-Vs separately.

 Please do not submit any annexures, covering letter, pre stamped envelopes, along with ITR-V.

 The ITR-V form is required to be sent to Post Bag No.1, Electronic City Post Office, Bengaluru,
Karnataka-560100, by Ordinary or Speed Post (without Acknowledgment) ONLY

 ITR-Vs that do not conform to the above specifications may get rejected or acknowledgement of receipt
may get delayed.