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Sunday, May 8, 2016

ITR verification deadline extended

 
If you missed your 120 days ITR-V verification deadline, there is good news. The income tax department has extended the verification deadline till 31 January.

Although it has not been officially notified yet, taxpayers have been receiving this information via email from the I-T department. However, you won't be able to e-verify. Like old times, will have to physically mail the signed ITR V to CPC Bangalore.

The electronic verification option gets switched-off automatically after 120 days of the taxpayer filing the return.However, the extended deadline to physically submit the ITR-V is open for all. The 120 days countdown begins from the date the taxpayer submits their income tax returns forms.

The tax department had extended the filing deadline to September 7. People who had filed on the last date still have a window of one day to e-verify. Post that you too will have to mail the ITR-V.




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