Wednesday 9 January 2013

Extension in the time limit for filing ITR-V forms relating to Income Tax Returns filed electronically



NOTIFICATION NO. 1/2013 [F. NO. DIT(S)-III/ITR-V EXTENSION/ 2012-13] UNDER CPR SCHEME 2011, DATED 7-1-2013

In exercise of its powers under clause (ii) of Para 14 read with clause (7) of Para 4 of the 'Centralized Processing of Returns Scheme, 2011', issued vide CBDT Notification No. SO 16(E), dated 4-1-2012, the Director General of Income Tax (System) hereby extends the time limit for filing ITR-V forms relating to Income Tax Returns filed electronically (without digital signature Certificate) for A.Y. 2010-11 [Filed during F.Y. 2011-12] and for ITRs of A.Y. 2011-12 [filed on or after 1-4-2011] till 28th February, 2013. In respect of returns filed for A.Y. 2012-13 for which ITR-V forms are yet to be received at CPC and time of 120 days has also elapsed, time limit for filing of ITR-V is extended upto 31st March, 2013 or 120 days from the date of uploading of the electronic return data, whichever is later.
This direction is issued to mitigate the hardship and grievance of the tax payers who have been prevented by reasonable causes to file the ITR-V in time.

3 comments:

  1. Thanks a lot for this contribution! It's been very useful for me. Everything is very open and represents very clear explanation of issues. Really blogging is spreading its wings quickly. Your write up is a good example of it. Your website is very useful. Thanks for sharing.

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  2. This was for ITRs filed electronically. What about those who filed IT Returns (non-electronically)through some agents? The agent didnot even bothered to give me the acknowledgement for the AY 2010-11 returns. All thgrough these years from 2011 to till date, I am calling agent and he says "I will see soon". Please clarify what else is the option to file returns, if any.

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