Individual HUF having income more then 10 lakh to File Return Online

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Central Government has vide Income tax notification 14 dated 28.03.2012 has Amended Rule 12 of income tax Rules has specified that an individual or a 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 for the assessment year 2012-13 and subsequent assessment years in any of the following two modes :-

(i) furnishing the return electronically under digital signature;

(i) transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V;

In addition to this for Assessment year 2012-13 Individual and HUF having assets (including financial interest in any entity) located outside India; or having signing authority in any account located outside India are also required to file there Income tax Return Online.