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What is Form ITR V?

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What is Form ITR V?

Form ITR V is the document which is generated by the tax department's server soon after a return is e-filed (without a digital signature). The 'V' stands for verification. It contains the summary of the e-filed return. The taxpayer is required to verify the summary in the form, print and sign the same and send it to the Centralized Processing Center of the Income Tax Department by ordinary post or by speed post within 120 days from the date of filing the return. Non-submission of the signed ITR V form within the prescribed time would make the e-return void and the taxpayer would be required to e-file the return afresh.

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