Income Tax – Electronic Filing of Return Mandatory

By Vijay Kumar

THE CBDT has amended the Income Tax Rules to stipulate that:-

1. All companies to file income tax return electronically in Form No.ITR-6 with digital signature.

2. All individuals and Hindu Undivided Families (HUFs), who are required to get their accounts audited under section 44AB of the Income Tax Act 1961, are also required to file their income tax return in Form No.ITR-4 electronically with or without digital signature.

CBDT Notification No. 49/2010, Dated: July 09, 2010