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Circular No. 21 /2021 F. No. 2251140/202111TA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 28th December,2021 Subject: One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21
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FAQ :
The circular provides a one-time relaxation for taxpayers to verify their e-filed Income Tax Returns (ITRs) for Assessment Year 2020-21 that are pending verification.
This relaxation applies to all ITRs for Assessment Year 2020-21 that were uploaded electronically within the due date but remain incomplete due to non-submission of the ITR-V form or pending e-Verification.
The deadline for completing the verification process, either by sending a signed physical copy of ITR-V or through e-verification modes, is 28th February 2022.
Taxpayers can verify their ITRs by sending a duly signed physical copy of ITR-V through post to CPC, Bengaluru, or by using e-verification (e-VC) modes like Aadhaar OTP, net banking, bank account number, Demat account number, or bank ATM.
If the return is not regularised by furnishing a valid verification by the deadline, the necessary consequences as provided in law for non-filing the return may follow.
The CBDT has extended the time-frame for issuing intimation for these returns, and they will be processed by 30th June 2022, with intimation sent to the taxpayer thereafter.
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