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CBDT notifies ITR-2
By TII News Service
Jan 31, 2024 , New Delhi

    

 

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES
NEW DELHI

NOTIFICATION NO

19 of 2024; Dated: January 31, 2024

G.S.R. 83(E). - In exercise of the powers conferred by sect ion 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Cent ral Board of Direct Taxes hereby makes the following rules further to amend Income-tax Rules, 1962, namely:-

1. Short title and commencement. - (1) These rules may be called the Income-tax (Amendment ) Rules, 2024.

(2) They shall come into force from the 1st day of April, 2024.

2. In the Income-tax Rules, 1962 (herein after referred to as the principal rules), in rule 12, in sub-rule (3), in the Table, for Sl. No. 1 and entries thereto, the following Sl. No. and entries shall be substituted, namely: -

“Sl. No. Person Condition Manner of furnishing return of income
(i) (ii) (iii) (iv)
[1 Individual or Hindu Undivided Family

(a) Accounts are required to be audited under section 44AB of the Act ;

(b) Where total income assessable under the Act during the previous year of a person, being an individual of the age of eighty years or more at any time during the previous year, and who furnishes the return in Form number SAHAJ (ITR-1) or Form number SUGAM (ITR-4).

(c) In any other case

(A) Electronically under digital signature; or

(B) Transmitting the data electronically in the return under electronic verification code;

(A) Electronically under digital signature; or

(B) Transmitting the data electronically in the return under electronic verification code; or

(C) Transmitting the data in the return electronically and thereafter submit ting the verification of the return in Form ITR-V; or

(D) Paper form;

(A) Electronically under digital signature; or

(B) Transmitting the data electronically in the return under electronic verification code; or

(C) Transmitting the data in the return electronically and thereafter submit ting the verification of the return in Form ITR-V."

3. In the principal rules, in Appendix II,

(a) for FORM ITR-2, the following FORM shall be substituted, namely: -

F. No. 370142/47/2023-TPL

SURBENDU THAKUR,
Under Secy. Tax Policy and Legislation

Note:-The principal rules were published vide notification S.O. 969 (E), dated the 26th March, 1962 and last amended vide notificat ion GSR 64(E), dated the 24th January 2024.

 
 
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