vinayak (accounts executive) (125 Points)
16 April 2014How many days it takes for ITR to finish processing. I have filed on 27th of March for AY13-14 (FY ending on 31st March 2013)
But, it still shows ITR V5 recieved.
Also, I am filing for first time and it already has selected a ITO based on my city.
How can this be possible?
Rajagopalakrishnan R
(PARTNER)
(1417 Points)
Replied 08 May 2014
If all the tax paid data is matching with 26AS at the time of filing ITR, then the normal time for processing is abt 3-4 months, sometime even earlier. If there are some missing entries in 26AS then CPC waits for some time to complete processing.
ITO Jurisdiction is based on your city address only.
HEM@NT G@RG
(ARTICLE ASSISTANT)
(313 Points)
Replied 10 May 2014
Hello Vinayak,
Maximum time for processing is 2 year but generally it is processed in 2-3 months.
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