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Doubt in ITR-V in the verification field?

p swati (__) (24 Points)

22 July 2010

I have filed through online.. i got itr v back from it admin.. now what i have to do is
verify and sign then send thro normal post..
the doubt is in verification field last line just before sign here

"I further declare that I am making this return in my capacity as __________ and I am also competent to make this return and verify it"

here WHAT do I need to fill on this above ___________?

Plz tell only if you know for sure. because one of my friend said write your name there, another one says write "individual assesse". I am confused

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5 Replies

Akhil Gupta (Manager F&A) (856 Points)
Replied 22 July 2010

The capacity in which you sign you should write

In case of Individual it can you yourself or Authorized signatory

In case of HUF it can be Karta or Authorized signatory

In case of Partnership it can be Partner or Authorized signatory

In case of Company it can be director or Authorized signatory

In case of you yourself is filing the return and submitting the same you can write as follows:

I further declare that I am making this return in my capacity as (my name) and I am also competent to make this return and verify it.

Harpreet (* * * * * *) (1670 Points)
Replied 22 July 2010

agreed with above reply

(Guest)

Whose name shall be mentioned in the verification part for return of income of minor having income from TV shows?

Kartikey Jain (Intern) (2377 Points)
Replied 02 July 2018

Sec 140 of the Income Tax Act 1961, which contains information regarding the person authorised to sign/verify the return, does not covers the case "minor" assessee specifically. So in that case, residual clause (f) shall be applicable. It states that in case of any other person, assessee himself or any other person who is competent shall sign/verify on his behalf.

So in my opinion, Since minor cannot sign/verify himself, his return can be verified by either by his parent or legal guardian or some other competant person who is managing his affairs.

However, one should not forget to register himself as "representative" by logging into the minor's page on income tax website and should upload the required documents as proof of the credentials before filing and verifying the return of the minor.