The Government of India have decided to enlarge the scope of the existing Tax Return Preparer (TRP) Scheme and authorize them to prepare and furnish returns of TaxDeducted at Source (TDS) and Service Tax, in addition to income-tax returns. To carry out the aforesaid decision, the Central Board of Direct Taxes has decided to retrain the TRPs.
For this purpose, a retraining course consisting of 15-day self-study followed by classroom training will be organized for TRPs relating to Income Tax and for Service Tax.
The 1st batch of ITR / TDS training module will be conducted from 4th March 2009 to 9th March 2009 and the second batch will be conducted from 13th Mar 2009 to 18th Mar 2009.
Besides, the training is also open for the candidates who were disqualified to be TRPs forthe reason that they were drawing salary income.In addition to increasing its scope, the training has been revamped using a morepractical approach offering a simulated environment for TRPS to practice end-to-endprocess of computing taxable income and tax thereon, filling out relevant forms, filingreturns both manually and electronically, and filling out disbursement details. Apart fromlegal aspects and procedures, the training will equip the TRPs with ways to generate leadsand handle difficult situations and customers. At the end of each training module, TRPs willbe required to appear for a certification test, which must be cleared for them to renewtheir TRP license and continue as a TRP. The 1st batch of ITR/TDS training module will beconducted from 4th March 2009 to 9th March 2009 and the second batch will be conductedfrom 13th Mar 2009 to 18th Mar 2009.
At the end of each training module, TRPs will be required to appear for a certification test, which must be cleared for them to renew their TRP license and continue as a TRP.
The retraining will be imparted, free of cost, for 6 days in income tax rules and procedures relating to IT / TDS returns and for another 6 days in Service Tax rules at 82 NIIT locations all across country to approximately 3,500 existing TRPs as also those who undertook similar training but could not qualify end of the course examination earlier.
The Central Board of Excise & Customs has already amended the Service tax Act to enable TRPs to prepare and file Service Tax returns. The self-study and training for TRPson Service tax will be completed by 10th April 2009, to enable them to prepare and file Service tax returns due on 25th April 2009.
CAclubindia
