e-Filing or Manual Filing of ITR

Yogesh Shah (Managing Corporate Finance)   (1051 Points)

29 July 2009  

Hye Folks,

I know one person who is a partner in one Partnership Firm. He wants to file ITR for his Firm. He was of the opinion to e-File the ITR.

However, I suggested him not to e-File the ITR & to file it manually. While giving this suggestion, some points came into my mind & thats why I gave him this suggestion.

First of all, in e-Filing you will have to send ITR-V copy to "Centralised Processing Centre" in Bangalore by ORDINARY POST only. Everybody knows the "CAPABILITY" of Post.

Secondly, e-Filing is very good option for those who are claiming Refund, but that person (Partner) is not claiming any Refund. He wants to file ITR within time only to carry forward his business loss.

Can anybody suggest me whether I told him right ????