New Feature of ITR-3 XML Generation and ITR-5 Beta Version Released

Highlights

• ITR-3 XML generation available for New AY 2020-21 with status as “Resident”.
• ITR-5 beta version is being introduced with the following modules incorporated:
  Major Reason for Beta Release are: Few things cannot be tested on sandbox or on testing environment. Also we have adopted a new design and workflow module, this beta version will allow us to understand flaws or issues which may be faced by a normal user from time to time.
  • Banking Information
  • Partner’s or Member’s or Trust Information
  • Filing Status
  • Other Details
  • Audit Information
  • Schedule FA
  • Financial Statements (Profit & Loss, Manufacturing Account, Trading Account & Balance Sheet)
  • Other Information (Quantitative Details, Nature Of Business, Schedule ICDS, Schedule IF & OI)
  • House Property Income
  • Business and professional Income (Schedule BP, GST, DPM & DOA, DEP, DCG & ESR)
  • Capital gains Income
  • Income from Other Sources
  • Schedule PTI
  • Exempt Income
  • Loss set Off (CYLA, BFLA, CFL & UD)
  • Deductions
  • Relief and Rebate (Schedule FSI & TR)
  • Taxes Paid (Schedule IT, TDS-1, TDS-2, TDS-3 and TCS)
  • Schedule TPSA
  • Schedule SI
  • AMT/AMTC

ITR-3 XML generation available, for New AY 2020-21 with status resident

Banking Information

Partner’s or Member’s or Trust Information

Filing Status

Other Details

Audit Information

Schedule FA

Financial Statements

Other Information

House Property Income

Business and professional Income

Capital gains Income

Income from Other Sources

Schedule PTI

Exempt Income

Loss set Off

Deductions

Relief and Rebate

Taxes Paid

Schedule TPSA

Schedule SI

AMT/AMTC

We’re always excited to hear from you! If you have any feedback, questions or concerns, please email us at: qa@hostbooks.com.