Reduction of time limit for verification of Income Tax Return (ITR)from within 120 days to 30 days of transmitting the data of ITRelectronically

Reduction of time limit for verification of Income Tax Return (ITR)from within 120 days to 30 days of transmitting the data of ITRelectronically

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
Directorate of Systems
New Delhi, Dated: 29.07.2022

Subject: Reduction of time limit for verification of Income Tax Return (ITR)
from within 120 days to 30 days of transmitting the data of ITR
electronically-reg.

The Central Board of Direct Taxes (CBOT) vide Circular No. 3/2009 dated 21-
05-2006 notified the new Income Tax Return (ITR) forms for Assessment Year
2009-10 and provided the facility of furnishing ITR in the following manner.
days after transmitting the data electronically
Furnishing a bar ccced return in paper form.

Furnishing the return in paper form
Furnishing the return electronicaly under digital signature
Transmitting the data in the retum electronically and thereafter
submitting the verification of the return in form ITR-V to CPC within 30
iv.
2. Further as per clarifications provided in para 9 of the said circular, the date of
transmitting the data electronically will be the date of furnishing the return of the form
ITR-V is submitted within 30 days after the date of transmitting the deta
electronically. In case, form TR-V is submitted after the above-mentioned period, it
will be deemed that the return in respect of which the form ITR-V has been filled was
never submitted and it shall be incumbent on the assessee to electronically re-
transmit the data and folow it up by submitting the new form ITR-V within 30 days
Later, the CBDT extended the time-limit for filing ITR-V to 120 days from the date of
uploading the return of income. (Press Release dated 27.01.2010)
Notification No. 05 of 2 2
3. The CBDT vide Notification no. 02/2012/F. No. 142/27/2011 SO (TPL) dated
04.01.2012, notified the Centralised Processing of Returns Scheme 2011 (CPR
Scheme 2011). Rule 14 of CPR Schame 2011 delegates the power to specify the
mode, manner and time for verification of ITR-V.
11
4
It has been decided that in respect of any electronic transmission of retum
data on or after the date this Notification comes into effect the tme-ime for e-
ventication or submission of ITR-V shall now be 30 days from the date of
transmittingiuploading the data of return of income electronically.
5.
is clarified that where the return date is electronically transmitted before the
date on which the Notification comes into effect, the earlier time imt af 120 days
www.id camne 19 apply inspect of such returns.
It is further clarified:
Where ITR data is electronically transmitted and e-verified/TR-V submitted
within 30 days of transmission of data in such cases the cate of
transmitting the data electronically shall be considered as the date of
furnishing the retum of income
(i) Where ITR data is electronically transmitted but e verified or ITR-V
submitted beyond the time-limit of 30 days of transmission of data in such
cases the date of e-verification/TR-V submission shall be treated as the
date of furnishing the return of income and all consequences of late fling of
return under the Act shail follow
7
Duly ventied ITR-V in the prescribed format and in the prescribed manner
should be sent by speed post only to
Centraised Processing Centre,
Income Tax Department
Bengaluru-560500, Kamataka.
8 The date of dispatch of Speed Post of duly verified ITR-V shall be considered
for the purpose of determination of the 30 clays period, from the date of transmitting
the data of Income-tax return electronically
9. This Notification shall be applicable for electronically transmitted Income-tax
return data fled on the e-filing partal (www.incometax.gov.in). This issues by the
power conferred to the undersigned under the Rule 14 of Centralized Processing of
Returns Scheme 2011 (CPR Scheme 2011; dated 04.01.2012, notified by the CBDT
Retu
Notification No. 02/2012– F.No. 142/27/2011-SO(TPL).
10. This notification will come into effect from 01.08.2022
Hindi version to follow.
v. All Joint Secretaries/CSIT, CBDT
vi. C&AG

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