26 April 2015
ITR has been notified utilities are expected to be available shortly.
CBDT has notified ITR 1, ITR 2 & ITR 4S for AY 201516 and amended Rule 12. For AY 201516, ITR 1, ITR 2 & ITR 4S where returned income is greater than 5 Lakhs or where Refund is claimed (except where the person is 80 years or more and filing ITR 1 or 2) and ITR 3, ITR 4, ITR 5, ITR 6 & ITR 7 are mandatorily required to be eFiled. EVC (Electronic Verification Code) has been included as a mode for verification of eFiled return. Departmental utilities shall be made available shortly. [Refer Notification No: 41/2015 dated 15/04/2015]
A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains, Income from Business/Profession or Foreign Asset/Foreign Income; In Form ITR 2 and the New Form ITR 2A, the Main Form will not Contain more than 3 Pages, and other Information will be Captured in the Schedules which will be Required to be filled only if applicable;
As the Software for these Forms is under Preparation, they are likely to be available for e-filing by 3rd week of june 2015;Time Limit for Filing these Returns is also Proposed to be Extended up to 31.08.2015.
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