Menu
What is invalid return
what is invalid return
Replies (3)
Invalid return are those which are technically wrong.
Without verification within the stipulated time, an ITR is treated as invalid.
Or, in other words, an ITR filing not verified, will not be treated as a valid return by the income tax department.
According to income tax act, an ITR must be verified within 120 days from the date of filing the return.
Or, in other words, an ITR filing not verified, will not be treated as a valid return by the income tax department.
According to income tax act, an ITR must be verified within 120 days from the date of filing the return.
ITR filed but not verified within period of 120 days are considered as invalid return
Recent Topic
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
Related Topics
CAclubindia
