Income Tax Returns - E-filing made mandatory for certain individuals
THE CBDT has amended Rule 12 of the Income Tax Rules. The manner of furnishing the return for various categories has been amended making e-filing mandatory in almost all cases.
1. Individual or Hindu undivided family | |
Condition | Manner of furnishing return of income |
|---|---|
(a) Accounts are required to be audited under section 44AB of the Act; | Electronically under digital signature |
(b) Where (a) is not applicable and,- (I) the return is furnished in Form No. ITR-3 or Form No. ITR-4; or (II) the person, being a resident, other than not ordinarily resident within the meaning of sub-section (6) of section 6, has, (A) assets (including financial interest in any entity) located outside India; or (B) signing authority in any account located outside India; or (C) income from any source outside India; (III) any relief, in respect of tax paid outside India, under section 90 or 90A or deduction of tax under section 91 is claimed; or (IV) any report of audit referred to in proviso to sub-rule (2) is required to be furnished electronically; or (V) total income assessable under the Act during the previous year of the person (other than the person, being an individual of the age of 80 years or more at any time during the previous year and furnishing the return in Form ITR-1 or ITR-2),- (i) exceeds five lakh rupees; or (ii) any refund is claimed in the return of income; | (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. |
(c) In any other case. | (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V; or (D) Paper form; |
2. Company | |
Condition | Manner of furnishing return of income |
In all cases. | Electronically under digital signature. |
3. A person required to furnish the return in Form ITR-7 | |
Condition | Manner of furnishing return of income |
(a) In case of a political party; | Electronically under digital signature. |
(b) In any other case | (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. |
4. Firm or limited liability partnership or any person (other than a person mentioned in Sl. 1 to 3 above) who is required to file return in Form ITR-5 | |
Condition | Manner of furnishing return of income |
(a) Accounts are required to be audited under section 44AB of the Act; | Electronically under digital signature. |
(b) In any other case | (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. |
"Electronic Verification Code" is a code generated for the purpose of electronic verification of the person furnishing the return of income as per the data structure and standards specified by Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems).'
These amendments are deemed to have come into force with effect from the 1st day of April, 2015
CBDT Notification No. 41/2015, Dated: April 15, 2015