What is role of trp

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19 October 2013 can u plz tell me about trp role. procedure to become trp

19 October 2013 Role of the TRP



1. An eligible person may, at his option, furnish his return of income under section 139 of the Act for any assessment year after getting it prepared through a Tax Return Preparer: Provided that the return of income for an assessment year shall not be prepared and furnished through a Tax Return Preparer, if :

a. An eligible person is carrying out business or profession during the previous year relevant to such assessment year and accounts of the business or profession for that previous year are required to be audited under section 44AB of the Act or under any other law for the time being in force;

OR
b. An eligible person is not resident in India during the previous year relevant to such assessment year: Provided further that an eligible person shall not furnish a revised return of income under sub-section (5) of section 139 of the Act for any assessment year through a Tax Return Preparer unless he has furnished the original return of income for that assessment year through such or any other Tax Return Preparer. Provided also that a return of income which is required to be furnished in response to a notice under clause (i) of sub-section (1) of section 142 or section 148 or section 153A of the Act shall not be prepared and furnished through a Tax Return Preparer.


2. The Tax Return Preparer shall prepare and furnish the return of income to the Assessing Officer having the jurisdiction over the concerned assessee or to any other officer or agency as may be directed by the Resource Centre with the approval of the Board and hand over the acknowledgement of having furnished the return to the concerned eligible person.



Procedure to Become TRP



The Tax Return Preparer Scheme, was conceptualized by the Income Tax Department (ITD) and launched in 2006-07. Applications for the TRP trainings are advertized in the leading newspapers by the Tax Department, on a periodic basis.

1. Detailed Information can be viewed from “About TRPS” link on this website.

2. Scheme is announced by the department at regular intervals (Approximately, once in two years).

3. Once the scheme is announced, application form can be filled from this website or designated NIIT centres.

4. Application forms would also be published in various newspapers.

5. Candidates are required to enclose a demand draft of Rupees One Hundred (Rs 100/-) in favour of "NIIT Limited-TRPSCHEME" A/c. along with the application form.

6. Training of 5,000 candidates will be carried out at 120 centres across the country. (Numbers may vary as per scheme announcement)

7. Selection of the candidates for the training shall be made for each centre separately.

8. A maximum of 500 candidates per centre shall be short listed out of the applications received on the basis of the marks obtained in the bachelor's examination. Only short listed candidates will be called for enrolment test.

9. An applicant is allowed to apply for 3 centres, clearly indicating the centre preferences in the application form. Selection will be made centre wise.

10. In case a candidate is short listed at more than one training centre for enrolment test, s/he would be allotted the training centre according to her/his order of preference filled in the application form.

11. The result of the enrolment test shall be posted on this website.

12. Successful candidates will make a security deposit of Rupees One Thousand (Rs 1000/-) with NIIT. This deposit will be refunded only on successful completion of training.

13. The successful candidates will go through a rigorous training program, including web based and classroom based training program. Study material will be provided to the successful candidates. After the training program, the candidates will go through an assessment examination and will be certified as 'Tax Return Preparers'. They will also get subsequent help through a web based Knowledge Portal and help desk to file returns.

14. The scheme only offers free training to the candidates. Arrangement for stay and transportation has to be made by the candidates themselves.


For further details refer to: http://www.trpscheme.com/


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