Manner of furnishing return of income

FOR INDIVIDUAL/HUF ASSESSEE

1.  Accounts are required to be audited U/s 44AB of IT Act, 1961.

•      Return filed Electronically through Digital Signature.

2. If above (1) is not applicable and,-
a. Return is furnishing in Form No. ITR-3 or ITR-4, or
b. the person, being a resident,other than not ordinarily resident within the meaning of U/s 6(6), has assets(including financial interest in any entity) located outside India; or signing authority of any account situated outside India; or Income source outside India.; or
c.any relief, in respect of tax paid outside India, U/s 90 or 90A or deduction of tax U/s 91 is claimed;  or
d. Individual/ HUF furnishing return Form ITR-1, ITR-2 or ITR-4S (excluding individual of the age 80 Yr. or more during any time of Previous year) with income exceeds Rs. five lakh or refund claimed.

• Return filed electronically through Digital Signature; or
• Return filed electronically through Electronic verification code( see note below); or
• Return filed electronically and send ITR-V to CPC, Bengaluru as prescribed manner.

 FOR COMPANY ASSESSEE

• Return filed electronically through digital signature.

FOR PERSON REQUIRED TO BE FURNISHED ITR-7

1. In case of political party

• Return filed Electronically through Digital Signature.

2. In any other case

• Return filed electronically through Digital Signature; or
• Return filed electronically through Electronic verification code( see note below); or
• Return filed electronically and send ITR-V to CPC, Bengaluru as prescribed manner.

FOR PERSON REQUIRED TO BE FURNISHED ITR-5

1. Accounts are required to be audited U/s 44AB of IT Act, 1961.

• Return filed electronically through digital signature.

2. In any other cases

• Return filed electronically through Digital Signature; or
• Return filed electronically through Electronic verification code( see note below); or
• Return filed electronically and send ITR-V to CPC, Bengaluru as prescribed manner.

Note:- 1. Electronic verification code(EVC), has been include as the new mode to verify E- return. In the EVC mode assessee not need to send ITR-V to CPC, Bengaluru.

For EVC, the Central Board of Direct Taxes (CBDT), the apex policy making body of the IT department, has introduced a new column in the ITRs for 2015-16 where an e-filer can provide his Aadhaar number which will have to be authenticated on the official website of the department via a One Time Password (OTP). 

2. Return filing through paper mode is applicable for individual filed return form ITR-1 or ITR-2 which income less than Rs. Five Lakh or not claiming refund.

3. Refer link :- https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/notification41_2015.pdf