Filing The Return Of Income - India Page 13

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Q4.
A company can file its return electronically without digital signature.
(a) True
(b) False
Correct answer : (b)
Justification of correct answer :
Every company shall furnish the return of income electronically under digital signature.
In other words, for corporate taxpayer e-filing with digital signature is mandatory.
Thus, the statement given in the question is false and hence, option (b) is the correct
option.
Q5.
A firm or an individual or a Hindu Undivided Family (HUF) whose books of account
are required to be audited under section 44AB shall furnish the return of income
electronically under digital signature.
(a) True
(b) False
Correct answer : (a)
Justification of correct answer :
A firm or an individual or a Hindu Undivided Family (HUF) whose books of account are
required to be audited under section 44AB shall furnish the return of income
electronically under digital signature. In other words, in such a case, e-filing with digital
signature is mandatory.
Thus, the statement given in the question is true and hence, option (a) is the correct
option.
Q6.
A resident and ordinarily resident individual/HUF having any assets (including
financial interest in any entity) located outside India or signing authority in any account
located outside India shall furnish the return of income electronically with digital
signature.
(a) True
(b) False
Correct answer : (b)
Justification of correct answer :
A resident and ordinarily resident individual/HUF having any assets (including financial
interest in any entity) located outside India or signing authority in any account located
outside India shall furnish the return of income electronically with or without digital
signature or by using electronic verification code.
Thus, the statement given in the question is false and hence, option (b) is the correct
option.
[As amended by Finance Act, 2016]

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