eFiling of Income Tax Return for Asst Yr 2015-16 Compulsory for Individuals Earning Even a Penny From Abroad !

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The process of efiling of income tax returns have been enlarged from the assessment year 2015-16 . CBDT has notified the new RulesĀ  andĀ  tax return forms for filing of tax return . One of the major changes brought in is going against lakhs of freelancers who are earning income online or any one who has any type of income from abroad. So , all persons who are getting pensions from any foreign country or has any bank account or even shareholding in which a foreign company has given any dividend, will have to file tax return only electronically as per the notification dated 15/04/2015 .

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