FORM ITR-V

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MANOJ DUTT (Querist)

07 June 2009 Dear All,

Please write to me about Form ITR-V, iam confuse about this form kindly give me the breif detail about the same.

Thanks in advance.

Regards,

Manoj

CA.BHARAT BHUSHAN

CA.BHARAT BHUSHAN (Expert)

07 June 2009 ITR-V is verfication of return filed on-line without digital signature.When a return is filed online without digital signature, department wants to confirm and abide the assesee that such return is filed by assessee.Hence, ITR-V generated by Income Tax's server is signed by the assessee and submited into Department. Now, ITR-V shall be sent to Bangalore.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

07 June 2009 If the assessee does not use a digital signature for electronically transmitting the data of the income tax return, he is required to follow-up the electronic transmission of the data by submitting the Form ITR-V with the Income-tax Department as verification of the electronic filing of the return. In such a case, the date of transmitting the data electronically will be the date of furnishing the return if the Form ITR-V is furnished within thirty days after the date of transmitting the data electronically. In case, Form ITR-V, is furnished after the above mentioned period, it will be deemed that the return in respect of which the Form ITR-V has been filed was never furnished and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by submitting the new Form ITR-V within thirty days.
Since the Form ITR-V is bar-coded, assessee is advised not to fold the same and post it in A4 size envelope. The assessee shall furnish the Form ITR-V to the Income-tax Department by mailing it to Income Tax Department CPC, Post Box No - 1, Electronic City Post Office, Bangalore - 560100, Karnataka within thirty days after the date of transmitting the data electronically. The Post Box shall deliver all the Form ITR-V to the Centralized Processing Centre (CPC) of the Income-tax Department in Bangalore. Upon receipt of the Form ITR-V, the CPC shall send an e-mail acknowledging the receipt of Form ITR-V. The e-mail shall be sent in due course to the e-mail address furnished by the tax-payers in his return. No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner.
This is extracted from CBDT Crcular.

MANOJ DUTT

MANOJ DUTT (Querist)

16 July 2009 Sir,
Thanks a lot

Regards,

Manoj Dutt

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