Earn more than Rs 10 lakh a year? You will have to file your tax return online
E-filing has been made compulsory for individuals and Hindu Undivided
Families with total assessable income in excess of Rs 10 lakh for
financial year 2011-12 onwards.
If you make more than Rs 10 lakh a year, you will now have to file your tax return online.
E-filing has been made compulsory for individuals and Hindu Undivided Families with total assessable income in excess of Rs 10 lakh for financial year 2011-12 onwards, according to an announcement on the tax department website.
However, a digital signature is not mandatory. Till 2010-11, only business houses with receipts of Rs 60 lakh or more and professionals with income of Rs 15 lakh or more were mandatorily required to e-file their returns with digital signature.
E-filing has been made compulsory for individuals and Hindu Undivided Families with total assessable income in excess of Rs 10 lakh for financial year 2011-12 onwards, according to an announcement on the tax department website.
However, a digital signature is not mandatory. Till 2010-11, only business houses with receipts of Rs 60 lakh or more and professionals with income of Rs 15 lakh or more were mandatorily required to e-file their returns with digital signature.
