Relaxation from
compulsory e-filing of return of income
subject: Relaxation from compulsory
e-filing of return of income for assessment year 2012- 13 - for representative
assesses of non-residents and in the case of private discretionary trusts -reg
Rule 12 of the
Income-tax Rules, 1962 mandates that an individual or Hindu undivided family,
if his or its total income or the total income in respect of which he is or it
is assessable under the Act, during the previous year, exceeds ten lakh rupees,
shall furnish the return electronically for the assessment year 2012-13 and
subsequent assessment years.
2. It has been brought
to the notice of the Board that the agents of non-residents, within the meaning
of section 160(1) (i) of the Income tax Act, are facing difficulties in
electronically furnishing the returns of non-residents. This is because there
may be more than one agent of the non-resident in India for different
transactions or a person in India may be an agent of more than one
non-resident. Such situations are not covered by the existing e-filing software
which functions on the principle of one assessee-one PAN-one return.
3. It has also been
brought to the notice of the Board that ‘private discretionary trusts’ having
total income exceeding ten lakh rupees are facing problems in filing their
return of income electronically in cases where they are filing their return in
the status of an individual. This is because status of a private discretionary
trust has been held in law as that of an ‘individual’. The existing e-filing
software does not accept the return of a private discretionary trust in the
status of an ‘individual’.
4. Accordingly it has
been decided by the Board that: (i) it will not be mandatory for agents of
non-residents, within the meaning of section 160(1) (i) of the Income tax Act,
if his or its total income exceeds ten lakh rupees, to electronically furnish
the return of income of non-residents for assessment year 2012-13; (ii) it will
not be mandatory for ‘private discretionary trusts’, if its total income
exceeds ten lakh rupees, to electronically furnish the return of income for
assessment year 2012-13.
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