E-filing of returns to become compulsory soon



Individual taxpayers, too, soon may have to file returns electronically. The Central Board of Direct taxes (CBDT) is considering a proposal to make electronic filing of income tax returns compulsory for certain class of assesses. We have taken the power to classify as to who will be filing the returns electronically and once the Budget is passed by Parliament, we will decide, Anita Kapur, joint secretary (CBDT) said at a post Budget meeting of the Institute of Chartered Accountants of India (
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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