16 January 2014
I have filled Income tax return for the A.Y.2011-12 in march-2013, but i did not sent the ITR-V to cpc within 120 days. What can i do to process further. Help me to get out from this problem.
03 August 2024
If you failed to send your Income Tax Return (ITR) for the Assessment Year 2011-12 within the 120-day period, it is not considered valid and will not be processed. This results in refund claims or adjustments not being processed. To address this issue, you can re-file the return, either online through the Income Tax e-filing portal or by contacting the Centralized Processing Centre (CPC). You can also check for updates or notices on the Income Tax portal, contact the Income Tax Department for guidance, or file a grievance for assistance. Future precautions include sending the ITR-V within the 120-day period and using e-verification to avoid physical submission. Consulting a tax professional can be beneficial if you need more detailed instructions or encounter specific issues.