eFiling of personal income-tax

Procedures

To facilitate eFiling, the board has notified new forms for the AY 2009-10. These return forms are available at http://www.incometaxindia.gov.in

While eFiling is mandatory for a company and a firm liable to audit under section 44AB of the IT Act, it remains optional for other categories of tax-payers.

The e-return has to be furnished at http://incometaxindiaefiling.gov.in

The department has further stated: “It is advisable, though not mandatory, to use a digital signature for electronically furnishing the return.”

If the return is electronically furnished under a digital signature, the tax payer would not be required to furnish the Form ITR-V with the department. Else, the assessee would be required to follow up the electronic transmission of the data by submitting Form ITR-V (as verification of the electronic filing of return).