Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: cpt :: empanelment :: due date for vat payment :: VAT RATES :: TDS :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: form 3cd :: list of goods taxed at 4% :: articles on VAT and GST in India
 
 
News Headlines »
 Filing tax returns? Here are seven things to remember
 Clarifications on computation of book profit for the purposes of levy of Minimum Alternate Tax (MAT) under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies.
 Mistakes in filing income tax returns that may get you a tax notice
 Know how you can claim return of income in Form 26 AS case
 What you must know for tax filing this year
 How to file tax return if you have two Form 16s
 10 things you should know about Form 26 AS
 How to file income tax return without Form 16
 How to rectify income tax returns
 Income-tax (21st Amendment) Rules, 2017
 Deadline for filing income tax return nears; here are 10 common mistakes that you must avoid

Taxpayers should resend ITR-V e-return copies to Bangalor
September, 18th 2013

Income Tax department has asked electronic filing taxpayers who have not sent their returns copy for the two previous assessment years by post to its centre in Bangalore,.

It also said that those tax payers who have already posted the corresponding ITR-V to its centre and have not received an acknowledgement for the same for these periods, should post it again. The department said it would not be able to process refunds and validate their I-T returns if the same is not done in such cases.

The deadline for this task has been set at October 31, 2013. Reuters According to rules, a taxpayer who has filed an e-return without digital signature, has to mandatorily post the corresponding ITR-V printout to the department’s CPC in Bangalore by post, failing which the returns are considered invalid.

Taxpayers, according to the latest I-T advisory, should send their ITR-V only by “ordinary post” or by “speed post”.

The current advisory is for those taxpayers who have filed their returns for Assessment Year (AY) 2011-12 and 2012-13. “There are many taxpayers who have uploaded their Income Tax Returns electronically (without digital signature certificate) for AY 2011-12 (filed during FY 2012-13) and ITRs of AY 2012-13 (filed on or after April 1, 2012), but have either not filed the corresponding ITR-V or have filed it with the local I-T office.

“ITR-V is accepted only at the Centralised Processing Centre (CPC) of the I-T department at Bengaluru by ordinary post or speed post.

Therefore, a final opportunity is being given to such taxpayers to regularise their I-T returns,” the department’s advisory said. All such taxpayers, the advisory stated, “may mail the ITR-V by October 31, 2013 by ordinary post or speed post to Post Bag No.1, Electronic City Post Office, Bengaluru-560100 (Karnataka).

Taxpayers who have filed their ITR-V with the local I-T office may again mail their ITR-V to the CPC by October 31, 2013.” Those taxpayers who have sent the ITR-V but have still got no confirmation from the CPC should attempt the procedure (of sending it by post) again.

“Those taxpayers who have earlier mailed their ITR-V but have not received the acknowledgement email from the CPC, may mail their ITR-V to the CPC again,” the advisory said. “Taxpayers may note that no other place or form of delivery will be accepted (at CPC by ordinary post or speed post).

Taxpayers may also note that without acknowledgement of the ITR-V from the CPC it would not be possible for the I-T department to process the I-T returns or issue any refunds therefrom, as these would be treated as not having been filed with the department,” it said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

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