Digital signature

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2012 Is it mandatory to sign all the income tax returns by Digital signature whose last years income is More than 10 lakhs

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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27 June 2012 E-filing is mandatory in case of individual whose previous year total income exceeds Rs.10 lakhs but return can be filed with out DS thereafter send ITR-V to cpc bangalore .

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 June 2012 E filing of Income Tax return is Must for Individuals and HUF,Where Income for the Financial Year 2011-12 is more than 10 Lakh.The New rule has been added with effect from 01.04.2012 and this is applicable for assessment year 2012-13 previous year 2011-12.

E filing can be done with Digital signature or without digital signature (By sending ITR-V to CPC ,Banglore)

But if the file is subject to Tax Audit the e return must be signed using Digital Signature.

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