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TOPIC: For whom E-filing is mandatory?

For whom E-filing is mandatory? 2 years 10 months ago #644

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For whom E-filing is mandatory?
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For whom E-filing is mandatory? 2 years 10 months ago #710

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Following taxpayers shall file their returns of income only through e-filing mode:

(1) Every company shall furnish th​e return of income electronically under digital signature. In other words, for corporate taxpayer e-filing with digital signature is mandatory.

(2) A firm or an individual or a Hindu Undivided Family (HUF) whose books of account are required to be audited under section 44AB shall furnish the return of income electronically under digital signature. In other words, in such a case, e-filing with digital signature is mandatory.

(3) A resident and ordinarily resident individual/HUF having any assets (including financial interest in any entity) located outside India or signing authority in any account located outside India shall furnish the return of income electronically with or without digital signature.

(4) Taxpayers [other than covered under (1) and (2) above] having total income of more than Rs. 5,00,000 shall furnish the return of income electronically with or without digital signature.

(5) Taxpayers claiming relief under section 90, 90A or 91 shall furnish the return of income electronically with or without digital signature.

(6) A person who is required to file ITR-5 shall file the same electronically with or without digital signature. However, a firm liable to get its accounts audited under section 44AB shall furnish the return electronically under digital Signature

(7) A taxpayer who is required to furnish a report of audit under section 10(23C)(iv)​, 10(23C)(v), 10(23C)(vi), 10(23C)(via), 10A, 10AA, 12A(1)(b), 44AB, 44DA, 50B, 80-IA, 80-IB, 80-IC , 80-ID, 80JJAA , 80LA, 92E, 115JB or 115VW​ shall furnish the return of income electronically with or without digital signature.

(8) A political party who is liable to file return of income shall file the same electronically with digital signature.

(*) Where the Return of income is furnished electronically without digital signature, then the taxpayer should take two printed copies of Form ITR-V. One copy of ITR-V, duly signed by the taxpayer, has to be sent (within the period specified in this regard, i.e., 120 days) by ordinary post or speed post to "Income Tax Department – CPC, Post Bag No. 1, Electronic City Post Office, Bengaluru–560100 (Karnataka). The other copy may be retained by the taxpayer for his record.​
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