CBDT has notified ITR 1, ITR 2 & ITR 4S for AY 2015-16 and amended Rule 12 vide Notification No. 41/2015, Dated-15th day of April, 2015. For AY 2015-16, ITR 1, ITR 2 & ITR 4S where returned income is greater than 5 Lakhs or where Refund is claimed (except where the person is 80 years or more and filing ITR 1 or 2) and ITR 3, ITR 4, ITR 5, ITR 6 & ITR 7 are mandatorily required to be e-Filed. EVC (Electronic Verification Code) has been included as a mode for verification of e-Filed return. Departmental utilities shall be made available shortly.Notification is as follows :-
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
[CENTRAL BOARD OF DIRECT TAXES]
NEW DELHI
INCOME TAX Notification No. 41/2015
Dated-15th day of April, 2015
S.O. 1014 (E).─In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (Seventh Amendment) Rules, 2015.
(2) They shall be deemed to have come into force with effect from the 1st day of April, 2015.
2. In the Income-tax Rules, 1962,─
(1) in rule 12,─
(a) in sub-rule (1),-
(A) after the words, brackets, figure and letter “sub-section (4D)”the words, brackets, figure and letter “or sub-section (4E)”shall be inserted;
(B) for the figures “2014”, the figures “2015”shall be substituted;
(C) in clause (a), in the proviso, in clause (I), for sub-clause (ii), the following sub-clauses shall be substituted, namely:-
“(ii) signing authority in any account located outside India; or
(iii) income from any source outside India;”;
(D) in clause (ca), in the proviso, in clause (I), for sub-clause (ii) the following sub-clauses shall be substituted, namely:-
“(ii) signing authority in any account located outside India; or
(iii) income from any source outside India;”;
(E) in clause (g), after the words, brackets, figure and letter “sub-section (4D)” the words, brackets, figure and letter “or sub-section (4E)” shall be inserted;
(b) for sub-rule(3), the following sub-rule shall be substituted, namely:-
‘(3) The return of income referred to in sub-rule (1) shall be furnished by a person mentioned in column (ii) of the Table below to whom the conditions specified in column (iii) apply, in the manner specified in column (iv) thereof:-
Table
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Sl.
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Person
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Condition
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Manner of furnishing return of income
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(i)
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(ii)
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(iii)
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(iv)
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| 1 | Individual or Hindu undivided family | Individual or Hindu undivided family | Electronically under digital signature |
| (b) Where (a) is not applicable and,-(I) the return is furnished in Form No. ITR-3 or Form No. ITR-4; or(II) the person, being a resident, other than not ordinarily resident within the meaning of sub-section (6) of section 6, has, (A) assets (including financial interest in any entity) located outside India; or (B) signing authority in any account located outside India; or (C) income from any source outside India;(III) any relief, in respect of tax paid outside India, under section 90 or 90A or deduction of tax under section 91 is claimed; or(IV) any report of audit referred to in proviso to sub-rule (2) is required to be furnished electronically; or(V) total income assessable under the Act during the previous year of the person (other than the person, being an individual of the age of 80 years or more at any time during the previous year and furnishing the return in Form ITR-1 or ITR-2),-
(i) exceeds five lakh rupees; or (ii) any refund is claimed in the return of income; |
(A) Electronically under digital signature; or-(B) Transmitting the data in the return electronically under electronic verification code; or(C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. | ||
| (c) In any other case. | (A) Electronically under digital signature; or-(B) Transmitting the data in the return electronically under electronic verification code; or(C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V; or(D) Paper form; | ||
| 2 | Company | In all cases. | Electronically under digital signature. |
| 3 | A person required to furnish the return in Form ITR-7 | (a) In case of a political party; | Electronically under digital signature. |
| (b) In any other case | (A) Electronically under digital signature; or(B) Transmitting the data in the return electronically under electronic verification code; or(C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. | ||
| 4 | Firm or limited liability partnership or any person (other than a person mentioned in Sl. 1 to 3 above) who is required to file return in Form ITR-5 | (a) Accounts are required to be audited under section 44AB of the Act; | Electronically under digital signature; |
| (b) In any other case. | (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. |
Explanation.- For the purposes of this sub-rule “electronic verification code” means a code generated for the purpose of electronic verification of the person furnishing the return of income as per the data structure and standards specified by Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems).’
(d) in sub-rule (4), for the words and brackets, “Director-General of Income-tax (Systems)”, the words and brackets “Principal Director-General of Income-tax (Systems) or Director-General of Income-tax (Systems)”shall be substituted;
(e) in sub-rule (5), for the figures “2013”, the figures “2014”shall be substituted.
(2) in Appendix-II, for “Forms SAHAJ (ITR-1), ITR-2, SUGAM (ITR-4S) and ITR-V” the “Forms SAHAJ (ITR-1), ITR-2, SUGAM (ITR-4S) and ITR-V” shall respectively, be substituted, namely:-
[Notification No. 41/2015/ F.No.142/1/2015-TPL]
(Gaurav Kanaujia)
Director to the Government of India
Note.- The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O.969(E), dated the 26th March, 1962 and last amended by Income-tax (Sixth Amendment) Rules, 2015 vide notification number S.O. No. 1002(E) dated 13th April, 2015.
Form No.: ITR-1 SAHAJ |
Download ITR-1 SAHAJ in PDF Format | Instructions |
| Form No.: ITR-2[For Individuals and HUFs not having Income from Business or Profession (Please see Rule 12 of the Income-tax Rules,1962 Date of Birth/Formation (DD/MM/YYYY Do not write or stamp in | Download ITR-2 in PDF Format | Instructions |
Form No.: ITR-4S – SUGAM
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Download ITR-4S – SUGAM in PDF Format | Instructions |
Form No.: Acknowledgement- ITR-V
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Download Acknowledgement ITR-V in PDF Format | |
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please tell us when will the itr-v (return) last date for filing for f-y 2014-15
While filling the data in long term capital gains in ITR 4, I entered all the relevant data on sale of house property in Section B 1a, and B1b and claimed deduction by enetering the data in B1 di.
I have also entered the data in Schedule D of capital gains by giving the section 54 , amount claimed, cost of new asset ,date of its acquistion and construction, but left out the box asking particulars of amount deposited in capital gains account scheme, since there was no necessity for me to fill the box.(I have invested entire amount in new house under section 54 before the due date)
However when I tried to validate the page, it is insiting that I should fill the box relating the amount deposited in capital gains account scheme, which is not correct, since in all cases depositing into capital gains deposit scheme would not arise. Will you please look into this?
Am looking for ITR-4 excel utilised. Its not yet released in income tax website.
Can anyone let me know when will it be available?
ITR – 4 not available for AY 2015-16 yet? I can only see excel utility for ITR-4S but not ITR 4. Please tell when will it available ?
Till now I filed my return from Delhi. now after retirement I am staying in Aligarh can i file my return from Aligarh Up .
i have been filing IT returns in paper form.Now i find that if there is a claim for refund,Efiling is required.Is it correct? If so,can you efile for me ? My Total Income (Taxable) works out to be less than ₹5lakh,after deductions u/s 80C/80G & 80TTA. Please do let me know through e-mail & ALSO THE CHARGES/FEE for the same. i am a Senior Citizen (79-yrs).
The ITR1 for AY2015-16 is NOT yet available on incometaxindiaefiling.gov.in/
i m receiving commission on post office deposits. it is neither BUSINESS nor PROFESSION. PL ADVICE which ITR SHOULD I USE.
pls inform when itr form launched A Y – 2015-16
Dear Sir,
Please inform which date sumit my itr-1 f.y. 2014-15?
Waiting for your reply.
Thanks & Regards,
Sharad Marathe
Please advise whether assessee is required to mention name of Ist account holder only alongwith other joint account holders or where the assessee is 2nd name account holder is also required to give details of bank account
Sir, I received Rs 108900 from sbi life surrender value and my TDS was deducted @ 2% under sec 194DA is this income is taxable or not?
dear friend i went to the market for buy ITR 1 Form but the shopkeepers depress me, because they said ,” New ITR 1 Form Still not comes in market.” How much time it takes to reach in local market. please reply if you know about something please share. … . .
lanch new ITR form which not edit the pdf file. some people is edit the ITR acknowledge (receipt) edit the PDF file change the taxable figure. CBDT is launch new ITR form which not edit the figure.
whether each and every ITR form get submitted only through digital signature certificate
Is there any specific form to be used for an individual in case he has only salaried income to capture details of foreign travel or it that just an annexure. also are these change applicable for FY 14-15
If exempt income from PPf is more than 5000/=,than which form is to be filled
I have read major changes but instructions are not clarify the said changes in form no4S and for Audit u/s44AB requirements.
thanks
these are not yet available on their website as of now