Rules of filing of return & tax audit changed from 1st April 2013 !


CBDT annual ritual to change the rules of filing of return has started with the new dictate that income return filingĀ  is mandatory for all persons if total income exceeds Rs 5 lakh . The change in Rule 12 of Income Tax Rules is through notification no. 34/2013 [F.NO.142/5/2013-TPL]/SO 1111(E), DATED 1-5-2013 .filing of returnNot only that , every person claiming relief u/s 90 or 90A or 91 are also required to file return electronically only. This notification has also debarred certain types of persons from filing return in ITR-1 or Sahaj.

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