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Compulsory e filling of income tax return

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2012 Gross Total Income is 10,04,000/- & Chapter VI A Deduction is 1,00,000/- & therefore taxable income is Rs.9,04,000/-.


Is it compulsory to File the return Electronically or the return can be filled manually
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
25 July 2012 The notification uses the word TOTAL INCOME and not GROSS TOTAL INCOME.

Accordingly if the TOTAL INCOME (Gross total income less Deductions) is less than Rs. 10 lakhs, then it is NOT mandatory to file the return electronically.
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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2012 Thank You Sir, Is it possible to get the details of notification
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 July 2012 please go through this notification

notification S.O. 626(E), dated 28th March 2012 CBDT
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
29 July 2012 Visit this link:

https://incometaxindiaefiling.gov.in/portal/downloads/NotificationENG_2012_10lakh.pdf
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Taxguy

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Taxguy (Expert)
24 August 2012 But filling online return is more traceable from closure point of view.

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