Mandatory e-filing of Income Tax Return if income exceeds Rs. 5,00,000

 e-filing of return is mandatory if income exceeds Rs. 5,00,000 or assessee claims relief U/s. 90, 90A or 91

CBDT has vide notification No. 34/2013 dated 01.05.2013 has made it mandatory for the following category of the Assesses to file their Income Tax Return Online from A.Y. 2013-14 :-

(a)  It is mandatory for every person (not being a co. or a person filing return in ITR 7) to e-file the return of income if its total income exceeds Rs. 5,00,000

(b) an individual or a Hindu undivided family, being a resident, having assets (including financial interest in any entity) located outside India or signing authority in any account located outside India and required to furnish the return in Form ITR-2 or ITR-3 or ITR-4, as the case may be.

(c)  Every person claiming tax relief under Section 90, 90A or 91 shall file return in electronic mode.

(d) Those who are required to get their Account under Section 44AB

(e) 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

(f) A company required to furnish the return in Form ITR-6.

Those who are not covered by above can File there Return in any of the below mode:-

(i) furnishing the return in a paper form;

(ii) furnishing the return electronically under digital signature;

(iii) transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V;

(iv) furnishing a bar-coded return in a paper form.



No requirement to obtain TAN by transferee of immovable properties

No requirement to obtain TAN by transferee deducting tax under section 194-IA

Section 194-IA was proposed to be inserted by the Finance Bill, 2013 to provide for deduction of tax at source@1% on consideration for transfer of immovable property, other than agricultural land. However, no tax is to be deducted if the consideration for transfer of immovable property is less than Rs.50 lakhs.

Since this provision requires deduction of tax by the transferee, it presupposes that the transferee should have a TAN. This may cause genuine hardship to those transferees who do not possess a TAN. Further, it would be an additional burden to require such persons to apply for and obtain TAN for a single transaction.

To address this concern, sub-section (3) has now been inserted in section 194-IA to provide that provisions of section 203A containing the requirement of obtaining TAN, shall not apply to a person required to deduct tax in accordance with the provisions of section 194-IA.


Form 24G -Procedure to obtain duplicate copy of Provisional Receipt Number

Services / Form 24G / Procedure to obtain duplicate copy of Provisional Receipt Number:

In case if Account Office needs duplicate copy of Provisional Receipt Number, AO is required to send request letter to NSDL.

The format in which request should be sent to NSDL by the Account Office is as under :-

Request letter by Account Office in Letter Head

(Letter should be signed & stamped by authorized signatory along with name and designation of authorized person)



Senior Vice President
TIN Operations
NSDL e- Governance Infrastructure Limited
2nd Floor, Times Tower
Kamala Mills Compound
Senapati Bapat Marg
Lower Parel, Mumbai – 400 0013

Dear Sir

Sub: Request for copy of Provisional Receipt Number

It is hereby requested to kindly send us duplicate copy of Provisional Receipt number. The details of Provisional receipt along with purpose of request are as under:

1.Name of Account Office :
2.Account Office Identification Number (AIN) :
3.Provisional Receipt Number of Form 24 G statement:
4.Month and Year
5.Purpose for requesting copy of provisional receipt.

As understood, the copy of provisional receipt shall be sent by the NSDL on the email ID as mentioned in the last Form 24G statement accepted at TIN.

Sign and stamp of the authorised signatory:

Name of the authorised signatory:

Designation of the authorised signatory:

Super scribe the envelope with Request for duplicate copy of Provisional Receipt



Use TDSMAN (F.Y.: 2013-14) to file TDS returns for F.Y.: 2012-13

Many tax deductors file returns only in Quarter 4 and normally buy the software in April or May for preparing these returns. With TDSMAN (F.Y.: 2013-14), one can file returns of F.Y.: 2012-13 (Quarter 4) which is due on 15/05/2013 and further use the software for preparing returns of all the four quarters of F.Y.: 2013-14. TDSMAN (F.Y.: 2013-14) covers F.Y.: 2013-14 and all previous years upto 2005-06. Correction Returns are also covered comprehensively for returns filed for these years.  

TDSMAN (F.Y.: 2013-14) is priced at Rs. 3,000 can be ordered online.