Verify Your Income-tax Return- ITR Within 30 Days, Else…

Moneylife Digital Team 02 August 2022

The income tax (I-T) department has reduced the time limit for e-verification or hard copy submission of the ITR-V (income-tax return verification), post-filing of returns by taxpayers, to 30 days from the current 120 days, from 1st August. E-verification of an I-T return (ITR) completes the return filing process and, if it is not done within the stipulated time, an ITR is treated as invalid.

"It has been decided that in respect of any electronic transmission of return data on or after the date of this notification comes into effect, the time limit for e-verification or submission of ITR-V shall now be 30 days from the date of transmitting or uploading the data of return electronically," the notification issued by I-T department says.

Until now, the time period to e-verify the ITR or send the ITR-V through post, after filing of ITR was 120 days from the date of filing tax returns.

The notification clarified that in case the e-verification of the ITR or hard copy ITR-V is sent through post beyond the time limit of 30 days, the return shall be treated as late or beyond the due date.

Those who wish to send the ITR-V in a hard copy can send it through the usual address through "speed post only" to: Centralised Processing Centre, Income Tax Department, Bengaluru-560500, Karnataka.

"The date of dispatch of speed post of duly verified ITR-V shall be considered for the purpose of determination of the 30 days, from the date of transmitting the date of Income-tax return electronically," it said.

You may also want to read these:

Income-tax Returns- ITRs Filing: Top 10 FAQs and Resolution

How to e-verify your Income Tax Return -ITR

How To Verify Your Income-tax Return

Comments

User

r_ashok41

6 months ago

IT dept has one more like the ED and are more interested in harassing tax payers and allowing scott free those money launderers who are becoming rich day by day with the tax money which we sweat and pay.
IT dept does not care for the grievances of the common people and on the other hand our PM talks of big things like helping the common person.When the IT dept themselves create a mess like what they did with the new system then to hide their faults they extend the time but when tax payers ask for extension they arrogantly tell that it will not be given.I think all of us who are concerned should send our grievances to PMO against the functioning of the finance dept and its ministry if it helps

saumilm

6 months ago

Do this! Or else.. Why do we get threats all the time?