Workshop on filing Income Tax Returns Online


Commerce Society & EDC: Workshop on Online Filing of Income Tax Returns


The Commerce Society organised a workshop on “Filing of Income Tax Returns (ITR)” on January 16, 2015 in Room No.35 in collaboration with the Entrepreneurship Development Cell of the College. The main objective of the workshop was to acquaint the students about the filing of tax returns by individuals and provide knowledge required for preparing and submitting ITR s online. An additional objective of this workshop was also to apprise the students about the entrepreneurship opportunities available for setting up service centres for enabling individuals to submit their ITRs online.

CA Nitin Aggarwal, an experienced consultant was invited to be the resource person for this workshop. He was welcomed by Ms.Poonam Lakra. CA Nitin started the workshop by interacting with the students about the basics of income tax and the requirement for filing returns. He gave a power point presentation explaining the procedures relating to Tax Deduction at Source (TDS) and the process of obtaining Digital Signature Certificates.

CA Aggarwal then demonstrated how to file income tax return online and explained in detail the various steps involved in the process and the type of data to be entered in to the ITR. He also spoke about the opportunity for establishing a service business for helping people to file their ITR s online. He also exhorted the students to gain practical knowledge of using spreadsheet programmes, which will be very helpful in doing a variety of calculations required for preparing the data, which goes in to the ITR s. He was also of the view that expertise in the use of spreadsheet handling software like Excel will give them an edge in the job market available for commerce students. He also provided career counselling to the students in the field of accounting.

Dr. Rachna Mahalwala, the Convenor of Commerce Society gave vote of thanks. The workshop was organized by Dr. Rachna Mahalwala, the Convenor of Commerce Society and Dr.Rachna Mohan, Coordinator of Entrepreneurship Development Cell with the active support of Ms.Pushpa Yadav, Ms.Snigdha and Ms.Poonam Lakra.