The CPC of the Income
Tax Department has started a special campaign where they are accepting the
Verification Form ITR V for income tax
returns filed for the AY 2013-14 without digital signature and have not sent
the signed copy of the Acknowledgement to CPC Bangalore.
The CPC has given last
chance to those who have not sent the signed copy of the Verification Form ITR
V or say Acknowledgement, to do so by 31st October’2014.
In case an assessee
does not file the return by using digital signature, then he has to send a
physically signed copy of the acknowledgement or ITR V of the filing of return to
CPC Bangalore within 120 days of e-filing of the return.
Requirement of sending
of acknowledgements to CPC Bangalore and consequences:
-
The return filing process
is not complete without sending the signed copy of acknowledgement/ ITR V.
- The return will not be processed if signed
copy of the acknowledgement / ITR V is not furnished to the CPC.
- The Income Tax department will validate the
contents of the return only if they receive copy of signed acknowledgement /
ITR –V at CPC Bangalore.
- The return sent will not be considered as a
valid return.
-
No Refund will be
issued if claimed.
.
Now, last date is 31st
October to accept the signed copies of the acknowledgements/ITR-V at CPC-Benglore
for the AY 2013-14.
Also signed copy of
ITR-V for AY 2014-15 is to be sent to CPC within 120 days of e-filing the
return.