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Income-tax rules amended: new electronic and paper filing modes and substituted ITR forms, effective 1 April 2024. The Central Board of Direct Taxes amends rule 12(3) to prescribe specific modes for furnishing returns: audited persons must file electronically by digital signature or by electronic transmission with electronic verification; senior individuals using specified simple forms may file electronically by digital signature or EVC, by electronic transmission followed by Form ITR V, or by paper; other individuals/HUFs must file electronically by digital signature, EVC, or electronic transmission followed by Form ITR V. The amendment also substitutes ITR 2, ITR 3 and ITR 5 forms and takes effect 1 April 2024.
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Income-tax rules amended: new electronic and paper filing modes and substituted ITR forms, effective 1 April 2024.
The Central Board of Direct Taxes amends rule 12(3) to prescribe specific modes for furnishing returns: audited persons must file electronically by digital signature or by electronic transmission with electronic verification; senior individuals using specified simple forms may file electronically by digital signature or EVC, by electronic transmission followed by Form ITR V, or by paper; other individuals/HUFs must file electronically by digital signature, EVC, or electronic transmission followed by Form ITR V. The amendment also substitutes ITR 2, ITR 3 and ITR 5 forms and takes effect 1 April 2024.
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