Download Form 60/61 PDF in Minutes: Step by Step Guide
- Definition: Define Form 60 and Form 61 and their applicability - Difference: Highlight the main differences between Form 60 and Form 61 H2: How to download Form 60 and Form 61 in PDF format? - Sources: List the official sources where the forms can be downloaded - Steps: Provide the steps to download the forms from each source - Tips: Give some tips to ensure the correct and complete download of the forms H3: How to fill and submit Form 60 and Form 61? - Requirements: Mention the documents and information required to fill the forms - Procedure: Explain the procedure to fill and submit the forms online or offline - Deadline: Specify the deadline for submitting the forms for each reporting period H4: What are the benefits of filing Form 60 and Form 61? - Compliance: Emphasize the importance of complying with the income tax rules and avoiding penalties - Transactions: Describe the benefits of filing the forms for various transactions such as opening a bank account, buying a property, etc. - Identification: Explain how the forms help in establishing the identity and address of the declarant H2: Conclusion - Summary: Summarize the main points of the article - Call to action: Encourage the readers to download, fill and submit the forms as per their eligibility - Feedback: Invite the readers to share their feedback or queries on the article Table 2: Article with HTML formatting What are Form 60 and Form 61?
If you are an Indian citizen who does not have a Permanent Account Number (PAN) or who has only agricultural income, you may have heard of Form 60 and Form 61. These are declarations that you need to file with the Income Tax Department for certain transactions where PAN is mandatory. In this article, we will explain what these forms are, how to download them in PDF format, how to fill and submit them, and what are their benefits.
Form 60 is a declaration that you need to file if you do not have a PAN and you enter into any transaction specified in Rule 114B of the Income Tax Rules, 1962. Some of these transactions are:
form 60 61 download pdf
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Opening a bank account or a post office account
Applying for a debit or credit card
Purchasing or selling an immovable property worth more than Rs. 10 lakh
Purchasing or selling a vehicle other than a two-wheeler
Making a payment of more than Rs. 50,000 to a hotel or restaurant
Making a deposit of more than Rs. 50,000 in cash or by cheque or draft in a bank or a post office
Making an application for installation of a telephone connection
Purchasing or selling securities worth more than Rs. 10 lakh
Form 61 is a declaration that you need to file if you have only agricultural income or income from employment that is not taxable and you enter into any transaction specified in Rule 114B of the Income Tax Rules, 1962. Form 61 is also a statement of the declarations received in Form 60 by the concerned persons.
The main differences between Form 60 and Form 61 are:
Form 60Form 61
For persons who do not have PANFor persons who have only agricultural income or income from employment that is not taxable
To be filed by the declarant at the time of entering into any transaction specified in Rule 114BTo be filed by the person receiving Form 60 from the declarant at the time of entering into any transaction specified in Rule 114B
To be submitted along with self-attested copies of documents for address proofTo be submitted along with copies of Form 60 received from declarants
To be filed twice in a year once for April to September period by October 31st and once for October to March period by April 30thTo be filed once in a year by April 30th for the previous financial year
How to download Form 60 and Form 61 in PDF format?
If you need to file Form 60 or Form 61, you can download them in PDF format from the official sources. Here are the sources and the steps to download the forms:
How to fill form 60 61 online
Form 60 61 for bank account opening
Form 60 61 income tax rules
Form 60 61 declaration format
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Form 60 61 for pan card application
Form 60 61 for mutual fund investment
Form 60 61 for property purchase
Form 60 61 for demat account
Form 60 61 for fixed deposit
Form 60 61 for insurance policy
Form 60 61 for loan agreement
Form 60 61 for credit card
Form 60 61 for post office savings
Form 60 61 for gold purchase
Form 60 61 for cash deposit
Form 60 61 for foreign exchange
Form 60 61 for share transfer
Form 60 61 for bond issue
Form 60 61 for gift deed
Form 60 61 for trust registration
Form 60 61 for partnership deed
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Form 60 61 for sale deed
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Form 60 61 for locker facility
Form 60 61 for electricity connection
Form 60 61 for gas connection
Form 60 61 for telephone connection
Form 60 61 for water supply connection
Form 60 or form no. sixty pdf download free
Form no. sixty one or form no. sixty one pdf download free
What is form no. sixty and form no. sixty one
Difference between form no. sixty and form no. sixty one
Who needs to fill form no. sixty and form no. sixty one
When to fill form no. sixty and form no. sixty one
Where to submit form no. sixty and form no. sixty one
How to verify form no. sixty and form no. sixty one
Penalty for not filling form no. sixty and form no. sixty one
Documents required for filling form no. sixty and form no. sixty one
Sample filled form no. sixty and form no. sixty one
Instructions to fill form no. sixty and form no. sixty one
Benefits of filling form no. sixty and form no. sixty one
Consequences of filling wrong form no. sixty and form no. sixty one
How to correct mistakes in form no. sixty and form no. sixty one
You can download Form 60 and Form 61 from the following sources:
The Income Tax Department website: https://www.incometaxindia.gov.in/Pages/downloads/income-tax-return.aspx
The Central Board of Direct Taxes (CBDT) website: https://www.incometaxindia.gov.in/Pages/downloads/miscellaneous.aspx
The National Securities Depository Limited (NSDL) website: https://www.tin-nsdl.com/downloads/pan/download/Form-60.pdf and https://www.tin-nsdl.com/downloads/pan/download/Form-61.pdf
The UTI Infrastructure Technology And Services Limited (UTIITSL) website: https://www.utiitsl.com/UTIITSL_SITE/site/forms/Form-60.pdf and https://www.utiitsl.com/UTIITSL_SITE/site/forms/Form-61.pdf
To download Form 60 and Form 61 from any of the above sources, you need to follow these steps:
Visit the website of your choice and click on the link for Form 60 or Form 61.
A PDF file will open in a new tab or window. You can view the form online or save it on your device.
To save the form, click on the download icon or right-click on the file and select "Save as". Choose a location and a name for the file and click on "Save".
You can also print the form by clicking on the print icon or pressing Ctrl+P. Select a printer and click on "Print".
Here are some tips to ensure that you download the correct and complete form:
Make sure that you have a PDF reader installed on your device. If not, you can download one from https://get.adobe.com/reader/.
Check the date and version of the form before downloading. The latest version of Form 60 is dated 01.04.2016 and the latest version of Form 61 is dated 01.10.2015.
Verify that the form has all the fields and instructions as per the official format. If not, you may have downloaded a fake or outdated form.
Do not download or fill the form from any unauthorized or suspicious source. It may contain malware or viruses that can harm your device or data.
How to fill and submit Form 60 and Form 61?
After downloading Form 60 and Form 61, you need to fill them with the required details and submit them to the concerned authority. Here are the requirements, procedure, and deadline for filling and submitting the forms: Requirements
To fill Form 60 and Form 61, you need to have the following documents and information:
Your name, address, date of birth, gender, and occupation
The nature and value of the transaction for which the form is being filed
The name and address of the person with whom the transaction is being made
The reason for not having a PAN or not applying for one
Any other relevant details as per the form
A self-attested copy of any one of the following documents for address proof:
Voter ID card
Bank account statement
Any other document issued by the government or a public authority
To fill and submit Form 60 and Form 61, you need to follow this procedure:
Download the form from any of the official sources mentioned above.
Print the form or fill it online using a PDF reader.
Fill all the fields in the form with the correct and complete details. Use capital letters and black ink.
Sign the form at the bottom and put the date.
Attach a self-attested copy of your address proof document with the form.
Submit the form along with the document to the person or authority with whom you are making the transaction. For example, if you are opening a bank account, submit the form to the bank branch.
Keep a copy of the form and the document for your reference.
The deadline for submitting Form 60 and Form 61 depends on the reporting period for which the form is being filed. The reporting periods and their deadlines are as follows:
April 1st to September 30thOctober 31st of that year
October 1st to March 31stApril 30th of the next year
The financial year in which the transaction is made (for Form 61 only)April 30th of the next year
What are the benefits of filing Form 60 and Form 61?
Filing Form 60 and Form 61 has several benefits for you as well as for the Income Tax Department. Here are some of them:
By filing Form 60 and Form 61, you are complying with the income tax rules and regulations that require you to furnish your PAN or a declaration in lieu of PAN for certain transactions. This helps you to avoid any penalties or notices from the Income Tax Department for non-compliance. The penalty for not furnishing PAN or a declaration can be up to Rs. 10,000 per transaction.
By filing Form 60 and Form 61, you are able to carry out various transactions that require PAN without any hassle or delay. For example, you can open a bank account, apply for a debit or credit card, buy or sell a property or a vehicle, make payments to hotels or restaurants, deposit cash or cheque in a bank or a post office, apply for a telephone connection, buy or sell securities, etc. without any problem.
By filing Form 60 and Form 61, you are also establishing your identity and address for the purpose of verification by the Income Tax Department or any other authority. This helps you to prove your identity and address in case of any dispute or inquiry related to your transactions. It also helps you to avail various benefits and schemes offered by the government or other agencies that require PAN or a declaration.
In this article, we have explained what are Form 60 and Form 61, how to download them in PDF format, how to fill and submit them, and what are their benefits. We hope that this article has helped you to understand these forms better and to file them correctly and timely. If you have any feedback or queries on this article, please feel free to share them with us in the comments section below.
If you are eligible to file Form 60 or Form 61, we urge you to do so as soon as possible and avoid any inconvenience or penalty. Form 60 and Form 61 are simple and easy to fill and submit, and they can help you to comply with the income tax rules and regulations, carry out various transactions, and establish your identity and address. You can download the forms from any of the official sources mentioned above and follow the steps given in this article to fill and submit them. We hope that you find this article useful and informative. Thank you for reading! FAQs
Here are some frequently asked questions and answers related to Form 60 and Form 61:
Q: Can I file Form 60 or Form 61 online?
A: Yes, you can file Form 60 or Form 61 online through the e-filing portal of the Income Tax Department. You need to register yourself on the portal and login with your user ID and password. Then, you need to go to the "e-File" menu and select "Prepare and Submit Online Form (Other than ITR)". You need to choose Form 60 or Form 61 from the drop-down list and fill the details online. You also need to upload a scanned copy of your address proof document. After filling the form, you need to submit it and take a printout for your reference.
Q: What if I have applied for PAN but not received it yet?
A: If you have applied for PAN but not received it yet, you can file Form 60 or Form 61 by mentioning your PAN application number in the form. You also need to attach a copy of your PAN application acknowledgment with the form. Once you receive your PAN, you need to update it with the person or authority with whom you have filed the form.
Q: What if I have more than one transaction in a reporting period?
A: If you have more than one transaction in a reporting period, you need to file only one Form 60 or Form 61 for all the transactions. You need to mention all the transactions in the form and attach copies of the documents related to each transaction.
Q: What if I have both taxable and agricultural income?
A: If you have both taxable and agricultural income, you cannot file Form 61. You need to file your income tax return using the appropriate form and mention your PAN in it. If you do not have a PAN, you need to apply for one and file Form 60 until you receive it.
Q: What if I make a mistake while filling or submitting the form?
A: If you make a mistake while filling or submitting the form, you need to rectify it as soon as possible. You can do so by filing a revised form with the correct details and attaching a letter explaining the reason for the revision. You also need to mention the date and reference number of the original form in the revised form.