Amendment in the provisions for filing of return of income.
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....mendment in the provisions for filing of return of income. <br>News and Press Release<br>Dated:- 3-4-2012<br><BR>Amendment in the provisions for filing of return of income (1) An individual or HUF mu....
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....st file the return of income electronically for the previous year 2011-12 and subsequent previous year if his/its total income exceeds Rs. 10 lakhs. (2) A resident Individual or a resident HUF must f....
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....ile the return of income electronically for the previous year 2011-12 and subsequent previous year, if he/it has: (a) assets (including financial interest in any entity) located outside India; or (b....
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....) signing authority in any account located outside India. (3) The prescribed ITR Form SAHAJ - ITR 1 cannot be used by a resident Individual to file his return of income, if he has: (a) assets (inclu....
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....ding financial interest in any entity) located outside India; or (b) signing authority in any account located outside India. (4) The Form SUGAM - ITR 4S, prescribed in the case of an individual or a....
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.... HUF deriving business income and such income is computed in accordance with special provisions referred to in section 44AD and section 44AE of the Act, cannot be used by a resident Individual or a re....
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....sident HUF to file the return of income, if he/it has: (a) assets (including financial interest in any entity) located outside India; or (b) signing authority in any account located outside India.<B....
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....R> News - Press release - PIB....


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