Extension of Time Limit for Filing of ITR-V Forms for AY 2010-11 and AY 2011-12

Extension of Time Limit for Filing of ITR-V Forms for AY 2010-11 and AY 2011-12In 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 04.01.2012 has decided to extend the time limit for filing of ITR-V Forms relating to Income Tax Returns Filed electronically (without digital signature certificate) for AY 2010-11 (filed during the FY 2011-12) and for the AY 2011-12 (filed on or after 1st April,2011).

  • These ITR-V forms filed electronically (without digital signature certificate) for AY 2010-11 (filed during the FY 2011-12) and for the AY 2011-12 (filed on or after 1st April,2011) can now be filed upto 31st December, 2012 or within a period of 120 days from the date of uploading of the electronic return data, whichever is later.
  • The relaxation has been made since there are still a large number of electronic retuns relating to AY 2011-12 which had been filed on or before due date but for which ITR-V Forms have not been yet received at Centralized Processing Centre (CPC), Bengaluru. These taxpayers are being given an opportunity to send the ITR-V Forms to the CPC, Bengaluru by the date as mentioned above.
  • Taxpayers can also verify their status of receipt of ITR-V at e-filing website https://incometaxindiaefiling.gov.in. They can also download the ITR-V from the same website after login into their account from the sub menu My Return under the main menu My Account .
  • The ITR-V Forms should be sent by ordinary post or speed post addressed to CPC, Post Bag No. 1, Electronic City Post Office, Bengaluru – 560100.

 

2 thoughts on “Extension of Time Limit for Filing of ITR-V Forms for AY 2010-11 and AY 2011-12”

  1. DOES A NRI WHO HAS made no money or MADE less money than the prescribed limit for that year, has still to file tax return with no tax IN THAT YEAR

  2. Hi Harry !

    No, the NRI is not required to file Income Tax Return until and unless the income earned is above the basic limit in the related financial year. But if any TDS is deducted on the income earned by that NRI then to claim that amount of TDS he can file the tax return, instead income earned by him is less than the basic limits.

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    Founder and CEO at taxmantra.com

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