We will do a live demo practical of Form 10 IE on the
Income Tax website.
Let's start this clip together.
I have opened Devta in Google in front of you.
We will log in to it.
And after logging in, we will see how the game of Form 10
IE is.
Let's Start
Login to the Income Tax website
E-Filing Portal
Login to the Income Tax website
Enter the password
Login to the Income Tax website
After logging in, be very careful where to go.
In the E-File, go to the Income Tax Forms
Go to the File Income Tax Forms
Go to the Income Tax Forms
Click on File Now
After clicking on File Now, enter your Fan Number,
Submission Mode Online
Fan Number will automatically appear
Submission Mode Online
It will tell you that it is not a form where the utility is
downloaded.
We will fill it, we will generate it, we will upload it
here.
No, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no
This will be filled online only
It's a very small thing.
Take the assessment year
I took the latest one. Click on continue.
Click on continue.
Then it will ask
Let's get started.
You also say
Yes. Ready. Steady. Go.
Let's get started.
Assessing Officer.
You will go inside it.
All the details will be filled automatically.
All of it.
Area code, AO type, range code, AO number.
Where is all this filled from?
You make a profile.
You register your income tax.
You create your profile.
Yes sir.
You just have to confirm it.
You will get a green mark.
I have done it.
You don't have to do anything.
You have to go inside and confirm.
Then you will go to the basic information tab.
Name will come. Pen number, address will come automatically.
Whether the individual has any income under PGBP.
You will have to say yes.
Those who have PGBP income, they file 10 IE.
Date of birth will be written.
Date of incorporation.
If it is an individual, then the date of birth will come.
If it is an organization, then the date of incorporation.
Nature of business and profession.
Please select nature of business profession applicable to
you.
I took the wholesale and retail trade.
It was applicable to them.
Select the applicable on you.
Click on the save button below.
The basic information tab will also be completed.
Next.
Go to the basic information tab.
Ask one thing.
Whether the individual HUF has any unit in IFSC.
Is there any unit in IFSC?
No.
Whether under clause 1 of subsection 5 of 115 BSE has been
exercised in form 10 IE for any earlier previous year.
The new tax regime that you opt by filling form 10 IE.
Its provisions are written in section 115 BSE under income
tax.
Is there any previous year?
No.
Additional information tab is also completed.
Next is verification.
What will you do?
Click here.
Having pen number.
Want to exercise or withdraw.
There will be two options.
Exercise or withdraw.
If you have opted form 10 IE in new tax regime.
If you want to come in old tax regime.
Then withdraw.
If you want to come in new tax regime.
Then exercise.
Click on exercise.
The option referred to in subsection 5 of section 115 BSE
of income tax act for previous year.
2022-23 and subsequent years.
Yes.
You are exercising option for 2022-23 and subsequent years.
It will continue.
Do not fill form 10 IE again.
If you want to withdraw.
Then withdraw.
If you want to come in new tax regime.
Then exercise.
I understand that the option under section 10 IE.
Click on save button.
You can see all the options.
Confirmed.
Completed.
Now click on preview.
My dear friends.
Form 10 IE application for exercise withdrawal of option
this.
Assessing officer this.
On behalf of this.
House number this.
Pen number this.
Exercise the option.
Under section 115 BSE.
I want to come in new tax regime.
After that name is written automatic.
Whether the individual HUF has any income from PGVP.
Yes. Pen number, address, date of birth.
All the details you filled there.
All the details are coming here.
Just now what you have to do.
Proceed to E-Verify.
Now what you have to do.
Proceed to E-Verify.
Friends.
Click on proceed to E-Verify.
What will happen?
Now you can do it through Aadhar.
You can do it through Net Banking.
You will enter OTP.
Form 10 IE application will be completed.
You will come in new tax regime.
My dear friends.
Okay.
So friends.
What was the basic thing to understand in this?
Which new regime will you bring?
Which will not bring?
So its conceptual part was very important.
Now anyone can learn to fill here.
If we also tell you.
Come to portal.
Fill this.
Then you will feel very good.
And there are 1000 videos available on YouTube.
But what is the main thing?
What is the main thing?
Now you can deal as a professional.
We want to make you professional.
Even if you have a graduate degree.
Even if you have a post graduate degree.
Pure professional in PGVP.
What is our target?
We want to make you professional.
Client should come and ask.
What is 10 IE? 115 BSE section.
Should I take new regime or not?
You can also tell by comparison.
And say that yes.
You have done your comparison.
You want to take new regime.
You can apply it in new regime.
You can fill its form.
Information from A to Z.
This is our objective.
We are working hard day and night for this.
And will keep doing it.
Keep taking its benefit.
Keep taking it.
See you in upcoming clips.
Thank you.
Take care.
Have a good day.
Have a good night.