Filing an Income-tax Return may require careful review of income, deductions, tax credits, capital gains, business information and supporting documents. myITreturn Assisted Filing allows a taxpayer to complete this process with the help of tax experts.
At a glance: Under the Assisted Filing service, one tax expert prepares the tax computation and another expert reviews it. The computation is then shared with the taxpayer for discussion and approval before the return is filed.
What Is Assisted Filing?
Assisted Filing is a myITreturn service under which a tax expert helps prepare the taxpayer’s Income-tax Return based on the information and documents provided.
The service may include assistance with:
- identifying the likely applicable ITR form
- reviewing the taxpayer’s income sources
- examining Form 16, Form 16A, AIS and Form 26AS information
- reporting salary, interest, house-property or capital-gains income
- reviewing business or professional information, where applicable
- checking deductions and eligible tax benefits
- preparing the detailed tax computation
- identifying tax payable or the expected refund
- completing the filing process after the taxpayer’s approval
The actual scope of assistance depends on the taxpayer’s income sources, documents and the Assisted Filing plan selected.
What Is the Maker–Checker Process?
The Maker–Checker process is a two-level review system used for Assisted Filing. Instead of relying only on the person who prepares the computation, a second professional reviews the case before it is shared with the taxpayer.
Role of the Maker
The maker is the tax expert responsible for preparing the taxpayer’s return and computation.
The maker reviews the documents, records the relevant income and deductions, prepares the tax calculation, identifies missing information and raises clarification requests where required.
Role of the Checker
The checker performs a second-level review of the computation prepared by the maker.
The checker examines whether the available income, deductions, tax credits and relevant disclosures have been considered correctly. The checker may return the case to the maker when corrections, clarifications or additional documents are required.
How Does Assisted Filing Work?
Step 1: Select the Assisted Filing Plan
The taxpayer selects and purchases the Assisted Filing plan relevant to their sources of Income.
Step 2: Submit the Required Documents
The taxpayer uploads or shares the required documents through the approved myITreturn process.
Depending on the case, the documents may include:
- Form 16 or Form 16A
- AIS, TIS and Form 26AS
- bank interest certificates or statements
- capital-gains or broker statements
- mutual-fund transaction statements
- house-property and home-loan details
- deduction and investment documents
- business or professional income records
- tax-payment challans
- any other document relevant to the return
Step 3: Maker Reviews the Case
The assigned maker reviews the information and documents, prepares the tax computation and identifies any missing or inconsistent information.
The taxpayer may be contacted for clarification or additional documents before the computation can be completed.
Step 4: Checker Reviews the Computation
After the maker completes the computation, the case is sent to the checker for an independent review.
The checker may review:
- income reported under each applicable head
- deductions and exemptions considered
- TDS, TCS and tax-payment credits
- capital-gains or business-income reporting
- the selected tax regime
- the applicable ITR form
- tax payable or expected refund
- important disclosures required in the return
Step 5: Computation Is Shared with the Taxpayer
Once the review is completed, the detailed computation is shared with the taxpayer.
The taxpayer should review:
- income reported in the return
- deductions and tax benefits claimed
- tax regime selected
- TDS and tax payments considered
- final tax payable or expected refund
- any assumptions or clarification mentioned by the expert
Step 6: Discuss Questions or Request a Revision
The taxpayer may discuss the computation with the assigned tax expert. If any information is incorrect, incomplete or requires reconsideration, the taxpayer may request a revision and provide the necessary supporting documents.
Need a different expert? A taxpayer who is not satisfied with the assistance provided may request a change of the assigned tax expert through the myITreturn support team.
Step 7: Approve the Computation
Filing proceeds after the taxpayer reviews and approves the computation and completes the required filing formalities.
Step 8: File and E-Verify the Return
After approval, the return is submitted through the applicable filing process. The taxpayer must complete e-verification and retain the acknowledgement, filed return and computation for future reference.
Benefits of the Maker–Checker Process
- A second-level review before the computation is shared
- better identification of missing or inconsistent information
- review of available deductions and tax benefits
- opportunity to discuss the computation with a tax expert
- option to request corrections before filing
- option to request a change of tax expert
- a structured approval process before submission
Additional benefit: Assisted Filing includes Notice Protection at no additional cost. The applicable assistance will be provided according to the scope and terms of the service.
Responsibilities of the Taxpayer
The Maker–Checker process depends on the information supplied by the taxpayer. The taxpayer should:
- provide complete and accurate information
- upload readable and relevant documents
- disclose all applicable income sources
- respond to clarification or document requests
- review the computation before approval
- pay any outstanding self-assessment tax, where applicable
- complete e-verification within the applicable time limit
Frequently Asked Questions
Is the checker different from the maker?
Yes. The maker prepares the computation, while the checker performs a separate second-level review before it is shared with the taxpayer.
Can I ask for changes in the computation?
Yes. You may request a revision when any information requires correction or when additional supporting documents need to be considered.
Can I request another tax expert?
Yes. You may contact the myITreturn support team and request a change of the assigned tax expert.
Will my return be filed without my approval?
No. The computation is shared with you for review, and filing proceeds after your confirmation and completion of the required formalities.
Does the Maker–Checker process guarantee a refund?
No. A refund depends on the taxpayer’s verified income, deductions, tax credits, tax payments and final computation. No particular refund amount can be guaranteed.
Conclusion
myITreturn Assisted Filing provides a structured way to prepare an Income-tax Return with expert assistance. The maker prepares the computation, the checker conducts a second-level review, and the taxpayer receives an opportunity to examine, discuss and approve the computation before filing.
For Assisted Service, please WhatsApp us on +91-9320546101 or raise a support ticket here
Comments
0 comments
Please sign in to leave a comment.