Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TDS :: VAT RATES :: cpt :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: due date for vat payment :: articles on VAT and GST in India
 
 
л Direct Tax »
 CBDT signs 10 more unilateral APAs with taxpayers
 How merging PF accounts helps avoid tax on withdrawals
 Income tax officers should not threaten taxpayers: CBDT
 Non-payment of TDS by mumbai companies: Showcause notices to over 300 firms
 In some instances, filing of income tax return may not be mandatory
 Best 5 Income Tax-Saving SIP plans in India: How To save taxes by Investing in SIPs under 80C
 Tax refund checks are finally in the mail
 Income Tax dues in advance can be paid at RBI or at authorised bank branches by March 2017
 Why you must be looking beyond tax planning
 I-T dept. to lauch app for paying tax
 CBDT to taxman: Step up TDS survey operations to boost collections

CBDT extends deadline for taxpayers to send ITR-V by post
February, 12th 2014

In order to address grievances of taxpayers who filed their I-T returns electronically and are seeking refunds, the CBDT has extended the deadline for filing a fresh ITR-V to March 31 for cases where postal receipts did not reach the tax office in Bangalore.

The relaxation has been allowed only to those taxpayers who had filed their e-returns for the assessment years (AYs) 2009-10, 2010-11 and 2011-12 "seeking a refund."
The fresh copies of ITR-V, by such category of taxpayers, should be sent to the Central Processing Centre (CPC) of the I-T department in Bangalore only by "speed post".
"In order to mitigate the grievances of the taxpayers pertaining to non-receipt of tax refunds, the Central Board of Direct taxes, in exercise of powers under section 119(2)(a) of the I-T Act hereby further relaxes and extends the date for filing ITR-V for AYs 2009-10, 2010-11 and 2011-12 till March 31, 2014 for returns e-filed with refund claims..," a notification circulated by the CBDT to all I-T offices across the country said.

The CBDT took the decision, sources said, in the wake of several representations made by taxpayers to it stating that "despite sending ITR-V through post to CPC in Bangalore within the prescribed timeframe, the same did not reach the CPC and hence such returns became non-est (null)."
According to rules, once a taxpayer files his e-return, he or she needs to send his ITR-V by post within 30 days.

Taxpayers who have been affected by this problem of non-reaching of their postal receipts can also go to the internet and check the official website of the department's e-filing portal by typing the link-- http:/incometaxefiling.gov.in/e-filing/Services/ITR-V Receipt Status.html.

The taxpayers then need to punch in their PAN card number and AY or type in the e-filing acknowledgement number on the website to check their status.
The CBDT, while making this concession, also took into account the taxpayers' claim that as they were required to send their ITR-V by ordinary post, they did not have dispatch receipts to support it, sources said.

The CBDT had earlier extended dates for claims made for AY

2009-10 but still refund claims for these years "continue to remain held up" and so was the case with returns of AY 2010-11 and 2011-12.
The CBDT, sources said, expects that this last time opportunity will resolve the grievances of all taxpayers pertaining to these three AYs.
"The CPC will take six months after March 31 to process these claims," a senior I-T official said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions