ITR-V for AY 2009-10

Becasue they are going to central processing system. Where they process all the returns as faster than the local offices. As you aware about the new TDS procedure all tax credit will be given on the basis of new system, which is in his PAN account. Thus by processing they are curtailing  the burden of local offices and opt for the fast processing.

sir, please tell me... How we will receive the Acknowledgement of that?

If there any time lag for reaching the ITR V to Bangalore?

Thanks Mr. CA Ajay Chaudhary  for info.

Sir, Please tell us is it mandatory or just as per assesseee's wish

and also tell is it for Individual or for firm compananies etc.

and Acknowledgement issue is also there how we will get the acknowledgement.

Thanks

Praveen

We will not be receiving any stamped acknowledgement. The CPC will send an email (as mentioned in the return) ackonowledging receipt of ITR-V. ITR-V should be sent within 30 days of the efiling. Now this is a mandatory procedure if you have efiled the return. As of now efiling is compulsory for companies & 44AB firms.

After efiling and sending it to Bangalore within 30 days, will they sent only an email acknowledging receipt of ITR V?  Will any bank accept. when we go for a loan or something like that?  Can any one clarify

After efiling and sending it to Bangalore within 30 days, will they sent only an email acknowledging receipt of ITR V?  Will any bank accept. when we go for a loan or something like that?  Can any one clarify?