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DGIT(S)/ADG(S)-2/Notification/106/2018
Government of India
Ministry of Finance
Central Board of Direct Taxes
Directorate of Income Tax (Systems)
Notification No. 2 of 2018
New Delhi, 5th April, 2018
Procedure for registration and submission of Form No. 61 as per Rule 114D of
Income-tax Rules, 1962.
Rule 114D of the Income Tax Rules, 1962 (hereunder referred to as the “Rules”)
specifies that every person referred to in clauses (a) to (k) of sub-rule (1) of rule 114C; and
sub-rule (2) of rule 114C and who is required to get his accounts audited under section 44AB
of the Income Tax Act,1961 (hereunder referred to as the “Act”) who has received any
declaration in Form No. 60, in relation to a transaction specified in rule114B, shall furnish a
statement in Form No. 61.
2.
As per sub-rule (1)(i) and sub-rule (4) of Rule 114D, the statement in Form No. 61
shall be furnished through online transmission of electronic data to a server designated for
this purpose and in accordance with the data structure specified in this regard by the
Principal Director General of Income-tax (Systems). The statement shall be furnished:
(i) Where the declarations are received till 30th September, by the 31st October of
that year; and
(ii) Where the declarations are received till 31st March, by the 30th April of the
financial year immediately following the financial year in which the form is received
3.
Modification/ changes in the schema / data structure of Form No. 61: The values
under Statement Type of Form No. 61 have been modified / enhanced. The detailed list of
modification / changes in schema / data structure of Form No.61 is attached as Annexure A.
4.
In exercise of the powers delegated by Central Board of Direct Taxes (‘Board’) under
sub-rule (4) of Rule 114D of the Income tax Rules 1962, the Principal Director General of
Income-tax (Systems) hereby lays down the following procedure:
a) Already registered reporting persons/entities on e-filing portal: The
registration details of already registered reporting persons/entities have been
migrated from e-filing portal to Reporting Portal. The registered users of such
reporting persons/entities shall be communicated of their new login credentials
through registered e-mail to be used at Reporting Portal. There is no need of
registering again for such persons/entities.
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b) New Registration, Generation of Income Tax Department Reporting Entity
Identification Number (ITDREIN):The reporting person/entity is required to get
registered with the Income Tax Department by logging in to the e-filing website
(https://incometaxindiaefiling.gov.in/) with the log in ID used for the purpose of filing
the Income Tax Return of the reporting person/entity. The reporting person/entity
needs to click on “Reporting Portal” link under “My Account” tab at e-filing portal to
access ‘Reporting Portal’ for first time registration. The reporting person/entity will
mandatorily be required to enter the details of form type, category and address of
reporting person/entity along with details of Principal Officer. On successful
submission, the ITDREIN is generated and the Principal Officer will receive a
confirmation e-mail on his/her registered e-mail address and SMS at his/her
registered mobile number. There will be no option to de-activate ITDREIN, once it
is generated.
c) Submission of Form No. 61: Every reporting person/entity is required to submit
the Statement in Form No. 61. The prescribed schema, Report Generation and
Validation Utility for Form No. 61 and Generic Submission Utility can be
downloaded from the Reporting Portal under “Resources” tab. The prepared
Statement to be filed is required to be digitally signed by and uploaded at the
Reporting Portal or through Generic Submission Utility through the login
credentials (PAN and password) of the Principal Officer.
d) Submission of correction statement: In case, the reporting person/entity comes
to know or discovers any inaccuracy in the information provided in the statement
or the defects have been communicated to the reporting person/entity through
Data Quality Report (DQR) after submission of Statement, itis required to remove
the defects by submitting a correction statement. The number of “Reports
Requiring Correction (RRC)” will be visible against the original statement on
Reporting Portal under the ‘Statement Pending for Correction’ tab. The user can
download the DQR file from the DQR column under ‘Statements Pending for
Correction’ Tab of Reporting Portal, which can then be opened on the Report
Generation utility to find and fix the errors. The reporting person/entity needs to
rectify all the defects till the number of “Reports Requiring Correction (RRC)
becomes zero within the specified period.
e) Deletion of Submitted Reports in a statement: In case, the reporting
person/entity wishes to delete the inadvertently filed reports within a statement, it
can choose the statement type as “Deletion Statement” and file all such reports
within a single statement to be deleted with exact previously filed values against
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Annexure A
Modification / Changes in schema / data structure of Form No. 61
#
Field
Existing Values
Proposed Values
1.
Statement
Type
(A.2.1)
NB – New Statement
containing new information
CB – Correction Statement
containing corrections
for previously submitted
information
ND – No Data to report
NB – New Statement containing new
information
CB – Correction Statement containing
corrections for previously submitted
information
DB- Deletion Statement for deletion of
previously submitted information
ND – No Data to report
