Please note changes in TAX AUDIT For the Assessment Year 11-12.
DIGITALLY SIGN ITR COMPULSORY FOR ALL AUDIT ASSESSEE
CBDT has issued a notification, making it mandatory for all Tax Audited assesses to use Digital Signature (including filing of ITR-4/5).
That means, it is applicable for Individuals/HUF, Firms, etc also. The amendment to Rule 12 states that:
"(a) a firm required to furnish the return in Form ITR-5 or an individual or Hindu Undivided Family (HUF) required to furnish the return in Form ITR-4 and to whom provisions of section 44AB are applicable, shall furnish the return for assessment year 2011-12 and subsequent assessment years in the manner specified in clause (ii);"
Till last year, it is mandatory for only companies, filing ITR-6.
Kindly note the above change in your record and do act accordingly.
This is really a new amendment that all Tax Audited assesses need to use Digital Signature for filing income tax return.This really made many people to know about what the digital signature actually is.
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