Online returns

This query is : Resolved

Sudheer J. Sarvate (Querist)
Follow

27 June 2012 e-Filing has been made compulsory for the person who is an Individual or a Hindu Undivided Family, if his or its total income, or the total income in respect of which he is or it is assessable under the Act during the previous year, exceeds ten lakh rupees for AY 2012-13 onwards. Click here to download notification no. S.O. 626 (E). dtd 28th March 2012 in this regard.

My querry is as under for above notification :-

1.) whether this is applicable for the persons having income by way of salary or rent or FDR interest ?

2.) Whether Digital signature is also mandatory for above perons or only efiling is mandatory?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

28 June 2012 1. The above notification is mandatory irrespective of the nature of the income. An individual or HUF whose total income exceeds Rs. 10 lakhs has to file the return electronically, irrespective of the source of income.

2. Digital signature is mandatory only if the individual or HUF is required to get his/its books of accounts audited.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
Follow

08 July 2012 I agree with the expert and no additional out put is required

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vimlesh kumar

Shivchandra Jakhotia

Dhananjay Singh

cgagroshg cgagroshg

vinal

Subscribe Now

Online returns

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

GST CONSULTANCY

GST CONSULTANT

Accountant

CA Final