Tax Titbits

Abstract

Notification No. 4 dated 15.4.2015 has made certain amendments to the Rules, which are as under: Compulsory e-filing to claim tax refund: Till assessment year 2014-2015, individuals or HUFs, who were otherwise not liable to file return of income electronically could claim tax refund by filing return of income in physical form. However, the notification makes it mandatory for every taxpayer to file return of income electronically for claiming refund of tax from the Department.