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: form 3cd :: empanelment :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: TDS :: VAT Audit :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: due date for vat payment :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
Indirect Tax »
 CBEC rechristened Central Board of Indirect Taxes and Customs
 Income tax department to challenge ITAT relief to Cairn Energy in HC
 5 crucial ways how doing business will be different under GST
 What is the lowdown on the Goods and Services Tax
 Ineligible Input Tax Credit Under Gst Regime
 What is GST, how is it different from now: Decoding the indirect tax regime
 Indirect tax collection can fall short of FY’17 target
 GST in last lap: What's in it for businesses, firms and most importantly, you?
 Indirect tax collection: All you want to know about stuck cases and rejected appeals
 Government achieves revised tax collection target
 Keep indirect taxes 'low, affordable' under GST

Has Income Tax Department processed your income tax return?
April, 07th 2016

You are only half way done after e-filing your income tax return. It is important to find out if your tax return was successfully submitted. And whether it was acknowledged by the tax department and if it has been processed.

Let’s understand these steps in detail.

Successful submission of your tax return

After you have e-filed your income tax return, you will receive an acknowledgement number from the income tax department. This acknowledgement is sent on your registered email id. Look for an email from ‘ with subject ‘confirmation on submission of IT Return’.

An ITR-V is usually attached in this email which has your acknowledgment number. ITR-V or Income Tax Return - Verification is a document which you need to print and send to CPC, Bangalore to verify your tax returns. This verification has to be done after submission of your return.

If you do not have this email, may be your return was not submitted successfully. And you may have to re-file.

Verification of your tax returns

After submission comes the very critical step of verifying your tax returns. This can be done by printing, signing and sending your ITR-V, which came attached in the acknowledgment email from the tax department. ITR-V has to be sent to the CPC, Bangalore within 120 days of e-filing.

You can also verify your tax returns electronically. It can be done through any one of the means. (a) net banking (b) aadhaar OTP (c) EVC code through department’s website (d) giving bank account details on e-filing website or (e) giving DEMAT account details on income tax e-filing website.

Therefore, either physically send your ITR-V or use any of the e-verification means mentioned above.

Remember that if your tax return has not been verified, it’ll have to be submitted again.

You can check the status of your verification on the tax department’s website. When you login to your account, by clicking on ‘Dashboard’ you’ll be able to see ‘my pending actions’. Check if your ITR-V has been received or not.

Processing of your tax return

After your return has been submitted and successfully verified, it shall now be processed by the tax department. If everything is in order, an intimation is received under section 143(1). Sometimes this intimation may list the amounts where the tax department does not agree with your return. Or confirm your refund.

If your refund has been processed but no intimation has been received do not worry, as refund credit is itself proof that the department has processed your tax return and therefore no action is required.

When no intimation is received

Now comes the very peculiar case, where no intimation is received by you. What should you do in such a case? Do make sure, your submission was acknowledged and you have an acknowledgement number. Check the status of ITR-V receipt on the tax department website. If you have not verified your return or it wasn’t verified timely, you must file a fresh return.

It may be possible that the department sent you an intimation but you didn’t see it. You can go to the tax filing website and ask for the intimation to be resent to you.

Login to the income tax department website and click on ‘My Account’. Now click on Request for intimation u/s 143(1)/154. The following screen will appear and you can select your assessment year and the manner in which you want to re-receive the intimation.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
E-catalogue online catalogue E-brochure online brochure online product catalogue online product catalogue e-catalogue Indi

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