How You can permit a CA to file ITR on your behalf without giving password?
To allow a Chartered Accountant (CA) to file your Income Tax Return (ITR) without providing them your password, you can follow these steps:
Step-by-Step Process to Authorize a CA to File Your ITR
1. Log in to the Income Tax E-filing Portal:
Visit the Income Tax Department's official e-filing portal.
Use your User ID (PAN), password, and the captcha code to log in.
2. Navigate to 'My Account' :
Once logged in, go to the 'My Account' section.
Select 'Add CA' from the dropdown menu.
3. Add Details of the CA :
Enter the Membership Number of your CA.
Provide other required details such as the CA's name and the assessment year for which you want to authorize them.
4. Submit the Request :
After filling in the details, click on 'Submit'.
A confirmation message will be displayed on the screen indicating that the CA has been added successfully.
5. Authorization by CA :
The CA will receive a notification and can accept the request by logging into their own account on the e-filing portal.
They will navigate to 'Worklist' and then 'Pending Actions' to find and accept your authorization request.
6. Verification :
You will receive a notification once the CA accepts the authorization.
This ensures that your CA can now file the ITR on your behalf without needing your password.
Benefits of Authorizing a CA
Security : You do not have to share your e-filing portal password with your CA.
Efficiency : Your CA can manage and file your ITR directly, ensuring accurate and timely submission.
Compliance : Your tax filing remains compliant with regulations, as a professional is handling it.
Points to Remember
Ensure the CA you are authorizing is registered with the Income Tax Department.
You can add multiple CAs if needed but ensure you monitor their activities.
Regularly check your e-filing account for updates and notifications regarding your ITR.
By following these steps, you can securely and efficiently authorize a CA to file your ITR without compromising your account's security.
There is also a method of using an ERI for filing ITR on your behalf. Below we have given What's an ERI is and how they can help you in filing ITR.
Understanding ERIs and How They Assist in Filing ITR
What is an ERI?
An ERI, or E-Return Intermediary, is a certified and authorized entity recognized by the Income Tax Department of India to assist taxpayers in the e-filing of their Income Tax Returns (ITR). ERIs can be individuals, firms, or organizations that meet specific criteria set by the Income Tax Department and are registered to offer e-filing services.
How ERIs Help in Filing ITR
1. Expert Assistance :
ERIs have expertise in tax laws and the e-filing process. They ensure that your tax return is accurate and compliant with the latest regulations, reducing the chances of errors and discrepancies.
2. Time-Saving :
By using an ERI, you save time as they handle the entire process of filing your ITR. This includes gathering the necessary documents, filling out forms, and submitting the return.
3. No Need to Share Password :
Similar to authorizing a Chartered Accountant (CA), you do not need to share your e-filing portal password with an ERI. They have their own secure login credentials and access granted by the Income Tax Department to file returns on behalf of taxpayers.
4. Simplified Process :
ERIs streamline the filing process. They can retrieve your tax information, calculate your tax liability or refund, and submit the return on your behalf. This simplifies the entire experience for you.
5. Secure Handling of Information :
Since ERIs are certified and authorized by the Income Tax Department, they are bound by confidentiality and data security regulations. This ensures that your sensitive financial information is handled securely and responsibly.
How to Use an ERI for Filing ITR
1. Choose a Registered ERI :
Select an ERI from the list of registered intermediaries available on the Income Tax Department's e-filing portal. Ensure that the ERI is certified and has a good track record.
2. Provide Necessary Documents :
Share the required documents with the ERI, such as Form 16, bank statements, investment proofs, and any other relevant financial information.
3. Authorization :
Authorize the ERI to file your ITR. This can typically be done through the e-filing portal by selecting the ERI and providing your consent. The ERI will then have the authority to access your tax information and file the return.
4. Review and Confirm :
The ERI will prepare your tax return based on the provided documents and information. Review the return carefully to ensure all details are accurate. Once you are satisfied, the ERI will submit the return on your behalf.
5. Receive Acknowledgment :
After the ITR is filed, you will receive an acknowledgment from the Income Tax Department. The ERI will also provide you with a copy of the filed return for your records.
Benefits of Using an ERI
Professional Guidance : ERIs provide professional guidance and ensure that your ITR is filed correctly.
Compliance and Accuracy : They ensure compliance with tax laws and reduce the risk of errors.
Convenience : The process is convenient and time-saving, with minimal involvement required from you.
Security : Your financial information is handled securely by authorized and certified intermediaries.
Using an ERI to file your ITR is a convenient, secure, and efficient way to ensure that your tax returns are filed accurately and on time. This process allows you to leverage professional expertise without compromising the security of your e-filing account.