Income-tax (Second Amendment) Rules, 2024 - Modes of filing of ITR and Substitution of ITR-2, ITR-3 and ITR-5 forms - 19/2024 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 19/2024 New Delhi, the 31st January, 2024 G.S.R. 83(E). In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961) , the Central Board of Direct Taxes hereby makes the following rules further to amend Income-tax Rules, 1962, namely:- 1. Short title and commencement. 1 [ (1) These rules may be called the Income-tax (Second 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 sect ion 44AB of the Act ; (A) Electronically under digital signature; or ( B ) Transmitting the data electronically in the return under electronic verification code; ( 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). ( 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 submitting the verification of the return in Form ITR-V; or ( D ) Paper form; ( c ) In any other case ( 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 submitting 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: (b) for FORM ITR-3 , the following FORM shall be substituted, namely: - (c) for FORM ITR-5 , 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 notification GSR 64(E), dated the 24th January 2024 . **************** NOTES:- 1. Corrected (Substituted) vide Notification No. 22/2024 dated 21-02-2024 before it was read as, (1) These rules may be called the Income-tax (Amendment ) Rules, 2024. 2. For Further Amendment vide Notification No. 22/2024 dated 21-02-2024 3. For Further Amendment vide Notification No. 22/2024 dated 21-02-2024 4. For Further Amendment vide Notification No. 22/2024 dated 21-02-2024 5. For Further Amendment vide Notification No. 22/2024 dated 21-02-2024 6. For Further Amendment vide Notification No. 22/2024 dated 21-02-2024