Itr v rejected

This query is : Resolved

Ravikiran (Querist)
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18 March 2014 Hello sir i have got below message from income tax department. what does it mean please help me. ITR V of PAN ARAxxxxx0N for Assessment Year 2013-14 has been received but rejected due to This is only an acknowledgement for receipt of ITR-V.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 March 2014 it seems your ITRV has been received after 120 days from date of filing of the return.

you have two options: 1 wait for CBDT to extend date for filing the return as it normally does every eyar

or file a revised return immediately and send the new ITRV. it shall be processed as original return.