{"id":21422,"date":"2012-07-03T12:12:24","date_gmt":"2012-07-03T06:42:24","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=21422"},"modified":"2012-07-03T12:17:30","modified_gmt":"2012-07-03T06:47:30","slug":"e-filing-returns-must-earn-rs-10-lakh","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/e-filing-returns-must-earn-rs-10-lakh","title":{"rendered":"E-filing of returns must if you earn over Rs 10 lakh"},"content":{"rendered":"<p><span style=\"text-decoration: underline\">The\u00a0<span style=\"color: #003366;text-decoration: underline\"><strong>Central Board Of Direct Taxes (CBDT)<\/strong><\/span> has made it mandatory for all individuals and<span style=\"color: #003366;text-decoration: underline\"><strong>\u00a0Hindu Undivided Family\u00a0(HUF<\/strong><\/span>) having annual income of more than Rs 10 lakh to file their returns\u00a0through E-filing \u00a0for which digital signatures are not necessary<\/span>.<\/p>\n<p><span style=\"text-decoration: underline\"><em>&#8220;E-filing has been made compulsory for assessment year 2012-13 onwards for an individual or a HUF, if the total income exceeds Rs 10 lakh,&#8221;<\/em> <\/span>a press note issued by the CBDT on Monday said. However, digital signature will not be mandatory for these taxpayers and they can also transmit the data in the return electronically and, thereafter, submit the verification of the return in Form ITR-V.<\/p>\n<p><span style=\"text-decoration: underline\"><em>E-filings\u00a0of returns<\/em><\/span> under digital signatures is already mandatory for any company required to furnish return, or for an individual or HUF whose annual income is Rs 40 lakh and above and required to furnish the return in Form ITR-4. The income tax department had received a record number of 1.64 crore returns electronically last year for the assessment year 2011-12, the note said. The electronically filed returns are processed at the <span style=\"color: #003366\"><strong>Centralized Processing Centre at Bangalore<\/strong><\/span>. The processing for e-filed return is faster and taxpayers get their refunds, if due, quickly. The department also provides some value-added services like tracking of refunds, viewing tax credit status (Form 26AS), e-mail and SMS alerts regarding status of processing and refunds to taxpayers, who e-file their returns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Central Board Of Direct Taxes (CBDT) has made it mandatory for all individuals and\u00a0Hindu Undivided Family\u00a0(HUF) having annual income of more than Rs 10 lakh to file their returns\u00a0through E-filing \u00a0for which digital signatures are not necessary. &#8220;E-filing has been made compulsory for assessment year 2012-13 onwards for an individual or a HUF, if the [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[9698,9702,9703,9704,9700,9701,9699,9705],"class_list":["post-21422","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-e-filing","tag-e-filing-for-individuals-for-income-over-rs-10-lakh","tag-e-filing-in-case-of-hindu-undivided-family-for-income-over-rs-10-lakh","tag-e-filing-in-case-of-huf-for-income-over-rs-10-lakh","tag-e-filing-of-income-tax","tag-e-filing-of-income-tax-in-case-of-income-over-rs-10-lakh","tag-e-filing-of-returns","tag-e-filing-under-income-tax-act"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>E-filing of returns must if you earn over Rs 10 lakh - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"The\u00a0Central Board Of Direct Taxes (CBDT) has made it mandatory for all individuals and\u00a0Hindu Undivided Family\u00a0(HUF) having annual income of more than Rs - Get the latest legal news from the Supreme Court, High Courts, and government. 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An apex court bench of Chief Justice S.H. Kapadia and Justice A.K. Patnaik said that the government should also put in place a\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49544,"url":"https:\/\/www.legalindia.com\/news\/sc-slaps-rs-10-lakh-two-filing-motivated-plea","url_meta":{"origin":21422,"position":1},"title":"SC slaps Rs 10 lakh each on two for filing &#8220;motivated&#8221; plea","author":"Legal India Admin","date":"August 24, 2017","format":false,"excerpt":"The Supreme Court today imposed a cost of Rs 10 lakh each on two persons for filing a \"motivated\" petition challenging the practise of recommending to the President, the name of successor by the incumbent Chief Justice of India. A bench comprising Chief Justice J S Khehar and Justice D\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"SC slaps Rs 10 lakh each on two for filing \"motivated\" plea","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/11\/retired-judges.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":50551,"url":"https:\/\/www.legalindia.com\/news\/madras-hc-confirms-jail-term-for-kin-of-sasikala-in-da-case","url_meta":{"origin":21422,"position":2},"title":"Madras HC confirms jail term for kin of Sasikala in DA case","author":"Legal India Admin","date":"November 17, 2017","format":false,"excerpt":"The Madras High Court today upheld a CBI court order convicting son-in-law and daughter of jailed AIADMK leader V K Sasikala's sister in a Rs 1.68 crore disproportionate assets (DA) case registered two decades ago. Justice G Jayachandran dismissed appeals filed by S R Baskaran, a Reserve Bank of India\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"Madras HC confirms jail term for kin of Sasikala in DA case","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/07\/madras-high-court-300x166.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":47668,"url":"https:\/\/www.legalindia.com\/news\/sc-slaps-rs-1-lakh-cost-rajasthan-govt-frivolous-plea","url_meta":{"origin":21422,"position":3},"title":"SC slaps Rs 1 lakh cost on Rajasthan govt for &#8220;frivolous&#8221; plea","author":"Legal India Admin","date":"April 5, 2017","format":false,"excerpt":"The Supreme Court has slapped Rs one lakh cost on the Rajasthan government for filing \"frivolous and unjustified petitions\" in an arbitration case, saying such tendencies need to be stopped. The apex court also granted liberty to the state government to recover the cost from those officers who had authorised\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"SC slaps Rs 1 lakh cost on Rajasthan govt for \"frivolous\" plea","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/03\/SC-upholds-life-term.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":9574,"url":"https:\/\/www.legalindia.com\/news\/it-department-freezes-accounts-of-mahindra-satyam","url_meta":{"origin":21422,"position":4},"title":"IT department freezes accounts of Mahindra Satyam","author":"Legal India Admin","date":"March 23, 2011","format":false,"excerpt":"The Income Tax department Tuesday froze the bank accounts of Mahindra Satyam after the software firm failed to pay a tax demand of Rs.616 crore ($136 million). Mahindra Satyam, the new brand identity of the fraud-hit Satyam Computer Services Limited, has moved the Andhra Pradesh High Court challenging the demand\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2011\/03\/Mahindra-Satyam.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":52889,"url":"https:\/\/www.legalindia.com\/news\/kin-get-rs-30-79-lakh-compensation-for-cops-death-in-accident","url_meta":{"origin":21422,"position":5},"title":"Kin get Rs 30.79 lakh compensation for cop&#8217;s death in accident","author":"Legal India Admin","date":"May 23, 2018","format":false,"excerpt":"The Thane Motor Accident Claims Tribunal (MACT) has awarded a compensation of Rs 30.79 lakh to the family of a police constable who died in a road accident. MACT member and district judge K D Vadane held that the offending tempo's owner was liable to make the payment along with\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/dc-Cover-48n768dts1ru0aetg9pkg1aa72-20171130014107.Medi_.jpeg?fit=800%2C448&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/dc-Cover-48n768dts1ru0aetg9pkg1aa72-20171130014107.Medi_.jpeg?fit=800%2C448&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/dc-Cover-48n768dts1ru0aetg9pkg1aa72-20171130014107.Medi_.jpeg?fit=800%2C448&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/dc-Cover-48n768dts1ru0aetg9pkg1aa72-20171130014107.Medi_.jpeg?fit=800%2C448&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-5zw","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/21422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=21422"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/21422\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=21422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=21422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=21422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}