Efiling of Income Tax Return made compulsory for Individuals and HUFs who are covered under section 44AB
The Efiling of ITR 4 has been made compulsory by the Income Tax Department for the Assessment year 2010-11 for those individuals and HUFs who are required to get their accounts audited u/s 44AB of Income Tax Act by a notofication No.49/2010[F.No.142/15/2010-TPL], dated 9-7-2010.Earlier it was only Firms who were liable to get their accounts audited u/s 44AB and the companies were compulsorly required to file their ITR online.
The companies filing their return of income in ITR 6 are now compulsorily required to file their return of Income online by digital signature only. Whereas the firms, individuals and HUFs covered u/s 44AB can file their return of income online both by using digital signature as well as without digital signature by sending duly signed ITR-V form (which is generated after efiling of return without digital signature) to the centralised processing centre at Bangalore.
The relevant notification issued by the Income Tax Department is reproduced hererbelow: