Income tax returns

This query is : Resolved

P. RAJASEKHAR (Querist)
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05 January 2013 Dear,
A Proprietor concern with a turnover of 69 Lakhs for FY 2011-12, with a NP of 4.21 Lakhs, manual filing can be done or On Line Filing is mandatory, kindly advise, with thanks.

P. RAJASEKHAR

Trinadharao Adigarla

Trinadharao Adigarla (Expert)
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05 January 2013 sir,
online is very good filing

Guest

Guest (Expert)

06 January 2013 as turnover is above 60 lakhs the concern has to get audited his books of accounts on or before 30.09.2012 and have to compulsory e file with DSC

audit is required under section 44AB of income tax act 1961

for other clarification mail me vivektrivedi1411@gmail.com

CA Roshan Jha

CA Roshan Jha (Expert)
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06 January 2013 As the turnover has exceeded Rs. 60 lakhs, hence tax audit and efiling of return by using digital signature certificate is compulsory.