Training for Fresh Batch of Tax Return Preparers

The Income Tax Department is in the process of training a fresh batch (Batch-II) of 5000 graduates as Tax Return Preparers (TRPs) across the country. ย The TRPs are authorized to prepare Income Tax Returns for individual and HUF taxpayers. ย The Tax Return Preparer Scheme (see www. trpscheme.com) ย was launched by the Income Tax Department during the year 2006-07. ย Graduates who successfully complete the training will be issued a Certificate and a Unique Identification Number which will authorize them under the Income Tax Act, 1961 to work as self-employed Tax Return Preparers. ย  The cost of training will be borne by the Income Tax Department. ย  However, the training or certification does not entail any right for Government employment for the successful candidates.

ย  ย  ย  ย  ย  ย The candidates ย should be between 21-35 years in age and should possess ย a ย Bachelorโ€™s Degree from a recognized university in any of the following subject: ย Law (LLB), Economics, Statistics, ย Mathematics (BA/ B sc.) Commerce (B.Com), Management/Business Administration (BBA/BBM). ย  On successful completion of training and certification, TRPs will be authorized to:

  • Prepare and file Income Tax Return of inpidual and HUF taxpayers.
  • Prepare and file quarterly TDS statements.
  • Register as e-Return Intermediaries.

ย  ย  ย  ย  ย  ย TRPs will receive 3% of the tax paid for preparing and filing the first yearโ€™s return of new taxpayers and ย 2% and 1% for 2nd & 3rd yearโ€™s return respectively subject to a maximum of Rs. 1000/- per return. The details of remuneration may be seen in the TRP notification(available on www.trpsheme.com). The application forms can be filled online on website www.trpscheme.com. ย The last date for submitting online ย application is 20th August,2012. Before filling in the application , the candidates are required to pay application fee of Rs. 100/- which can be paid online through Credit/Debit Card or offline through bank challan.

ย  ย  ย  ย  ย  ย Further details are available at TRP website www.trpscheme.com

Source: PIB

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