I have submitted my return for A.Y.2009-10 on 30.09.2009 which is under tax audit and i have revised my return electronically on 29.08.2010 and sent my acknowledgement through courier and received on 27.03.2011.But they are showing in my account as "Return not valid due to not submitted with in stipulated period" what should i do now??? What is the procedure to rectify the above??? Please tell me solution.
16 July 2011
It seems that you have not developed the system of sending ITR-V to CPC. You have not sent your original return's ITR V to the CPC.
It should be sent in a reasonable period.
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The person's at CPC are just system e-babu's and not the Assessing Officers who really understand the problems of assessee as well as the implication of law.
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" Just by non receipt of ITR V, which may be due to the postal failures also, it is being deemed that the return has not been filed by the assessee. It is received when ITR V is physically received at CPC. In the overall process any lapses may also occur and the same should be considered.
It is not an honest effort by the department in favour of the genuine assessees. When tax paid by the assessee is not refunded back, how the department can say that return is not received?
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In the present context you should try by sending both the ITR-Vs and pray to condone the delay in filing the ITR V.