Tax Return Preparer (Amendment) Scheme, 2018

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following further amendments in the Tax Return Preparer Scheme, 2006, namely:- Short title, commencement and application. 1. (1) This Scheme may be called the Tax Return Preparer (Amendment) Scheme, 2018.     (2) It shall come into force from the date of its publication in the Offici....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....having appeared in the final year examination of the qualifying examination; and (b) who is not below the age of twenty one years or more than forty-five years as on the 1st day of October of the year immediately preceding the date on which applications are invited. (ia) It shall require that the application under clause (i) shall be accompanied by a fee of two hundred and fifty ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o a Tax Return preparer, the following amount, namely:- (a) five per cent. of the tax paid on the income declared in the return of income for First Eligible Assessment Year which has been prepared and furnished by him; (b) three per cent. of the tax paid on the income declared in the return of income for the Second Eligible Assessment Year which has been prepared and furnished by....