Organization :Income Tax Department
Service Name : File AIR Return
Applicable State/UT: All India
File Here : https://www.tin-nsdl.com/
Website : http://www.incometaxindia.gov.in/Pages/i-am/individuals.aspx
File AIR Return :
Step-1 – To file AIR, visit https://www.protean-tinpan.com/index.html
Step-2 – Prepare AIR in accordance with the file format in clean text ASCII format.
Related : Income Tax Department Registration of Taxpayer : www.statusin.in/19080.html
AIR can be prepared using in-house software or any other third party software. Alternately, click on ‘AIR RPU’ for the Return Preparation Utility for Annual Information Return.
Step-3 – Click on ‘Data Structure (File format)’ for the data structure (file format) in which the AIR is to be prepared
Step-4 – Once the file has been prepared as per the file format, verify the same using the AIR File Validation Utility (FVU) provided on the above site
Step-5 – In case the file has any error, the FVU will give a report of the errors. Rectify the errors and verify the file again through the FVU. Repeat this step until an error free file is obtained.
Step-6 – Copy the upload file generated by the FVU on successful validation on a CD / floppy. Submit this CD / floppy along with a duly filled and signed print out of Part A of Form 61 A. Alternately, the upload file so generated can be directly uploaded through the TIN website
AIR :
Annual Information Return (AIR) of ‘high value financial transactions’ is required to be furnished under section 285BA of the Income-tax Act, 1961 by ‘specified persons’ in respect of ‘specified transactions’ registered or recorded by them during the financial year. The due date of filing of the return is the 31st of August of the following year. The ‘specified persons’ and the ‘specified transactions’ are listed in Rule 114E of the Income-tax Rules, 1962.
CHARGES :
The Filer has to pay upload charges as given below for AIR as well as Supplementary Information:
Number of Records | Upload Fee ()* :
Up to 100 38.00
101-1000 178.00
More than 1000 578.50
* The Filer should also pay service tax as applicable.
NSDL Annual Information Return Preparation Utility (AIR RPU) :
** Income Tax Department has notified the file format (data structure) for preparation of Annual Information Returns.
** Filers can prepare the AIR as per the file format using in-house software or any other third party software or the return preparation utility developed by NSDL (AIR RPU) and submit the same to any of the TIN-FCs established by NSDL or directly upload through the NSDL-TIN website.
** The AIR RPU is a freely downloadable software. It is an MS-Excel based utility.
** Guidelines for usage of this utility are provided in the excel file itself.
** The user is advised to read these guidelines before the utility is used to prepare the returns.
** Users may ensure that they download the latest version of the utility at the time of preparation of returns.
** Users may pass the AIR file generated using AIR RPU through the File Validation Utility (AIR FVU) to ensure format level accuracy of the file.
** This utility is also freely downloadable from NSDL-TIN website.
** In case the AIR file contains any error(s), user may rectify the same in the excel file itself.
** After rectifying the errors, user may again pass the rectified AIR through the FVU.
** This process may be continued till an error-free return is generated.
Supplementary Annual Information Return :
** Supplementary AIR is required to be prepared in accordance with the file format notified by ITD.
** Filers are free to use any software purchased from software vendors or developed in-house in order to prepare their Supplementary AIR.
** Alternatively NSDL Supplementary AIR Preparation Utility can be used for the preparation of Supplementary AIR.