Condonation Request Time Limit

I have applied for condonation request relating to Assessment Year 2020-21 on 1st May the same has not been approved till now. The following message appearing "

" Your ITR is invalid till the condonation request is approved. However, if the time to process the return u/s 143(1) of I.T Act is over, it is deemed that the condonation request, if any, has not been considered (or) has been rejected by the DIT(CPC). "

What is the time limit to process return u/s 143(1) that will apply for condonation request.  ???

Replies (9)
Quick Summary
This discussion addresses the time limit for processing Income Tax Returns (ITR) under Section 143(1) concerning condonation requests. A user applied for condonation on 1st May for AY 2020-21 but it remains unapproved, with their ITR showing as invalid. The core issue is understanding the deadline for Section 143(1) processing, as exceeding this limit may lead to the condonation request being deemed rejected. The general timeframe discussed is within nine months from the end of the financial year the return was filed, with advice suggesting filing an updated return (ITR-U) if the condonation request period has expired.

Generally by 31st December 2022.

 

@ Dhirajlal Rambhia Thanks for your reply. Can you please elaborate which notification states the time frame.

Time-limit
Assessment under section 143(1) can be made within a period of 9 months from the end of the financial year in which the return of income is filed.

 

READ PAGE 2 PARA 3 OF THE ATTACHMENT...

Does it mean that application for condonation of delay if filling Ack of ITR is to be filed before last date of processing u/s 143(1)

Yes, or even before the return gets INVALIDATED....

can i submit updated Return for that period if i failed to verify the return? (i want to submit the last three years ITR - V ack for Visa process so onyl)

Check if you can apply for condonation of delay for verifying the IT return or not. If that time period has expired that means your return is null and void. So you can submit ITR U.

sir i e verified alond with condonation request but portal showing not e-verified ITR - V and  showing this message "Your ITR is invalid till the condonation request is approved. However, if the time to process the return u/s 143(1) of I.T Act is over, it is deemed that the condonation request, if any, has not been considered (or) has been rejected by the DIT(CPC)."

next week i want to submit the documents for Visa Processing

 

@ venkatesh when did you file the condonation request ?? is its more than 3 months then you can assume that it has been rejected and file ITR U.

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