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Compulsory E-Filing

Mandar Deshmukh (Article Assistant) (78 Points)

10 July 2010

There is a rumour that E-Filing has been made compulsory for an Individual or HUF who furnish the return in Form ITR-4 and whom provisions of section 44AB are applicable with effect from Assessment Year 2010-11. Please someone confirm whether this is an authenticated news???

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LAXMIKANT JAIPURKAR (Practicing Company Secretary/Tax Consultant) (403 Points)
Replied 10 July 2010

There is no such circular at this moment.

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sandeepkumar (student) (46 Points)
Replied 10 July 2010

i think it is present. it is as per Income tax (7th Amendment) rules, 2011- amendment. (notification No.49/2010, dt 9.7.2010)

Mandar Deshmukh (Article Assistant) (78 Points)
Replied 10 July 2010

@ Sandeepkumar:

can u please forward me the link???

(Guest)

CBDT has issued a notification 49/2010 vide which few changes has been made in the process of filing of Income tax return from Asssement year 2010-11.Now every person (including Individual and HUF) who is covered under section 44AB audit case is liable to file his return through e filing mode only .However in e filing ,person can file return through digital signature or otherwise .However for companies , e filing of Income tax return is mandatory through digital signature only.

New rules is given here under for your ready reference

Income-tax (Seventh Amendment) Rules, 2010 – Amendment in rule 12

Notification No. 49/2010[F.No.142/15/2010-TPL], dated 9-7-2010

In exercise of the powers conferred by section 295 read with section 139 of Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely : -

(1) These rules may be called the Income-tax (7^th Amendment) Rules, 2010.

(2) They shall come into force from the date of their publication in the Official Gazette.

In the Income-tax Rules 1962, in rule 12, in sub-rule (3), in the proviso, for clause (a), the following clauses shall be substituted, namely :-

“(a) a firm required to furnish the return in Form ITR-5 and to whom provisions of section 44AB are applicable shall furnish the return in the manner specified in clause (ii) or clause (iii);

(aa) an individual or HUF required to furnish the return in Form ITR-4 and to whom provisions of section 44AB are applicable shall furnish the return for Assessment Year 2010-11 and subsequent Assessment Years in the manner specified in clause (ii) or clause (iii);

(ab) a company required to furnish the return in Form ITR-6 shall furnish the return for Assessment Year 2010-11 and subsequent Assessment Years in the manner specified in clause (ii)’

https://www.simpletaxindia.org/2010/07/e-filing-itr-in-audit-cases-mandatory.html

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