27 June 2014
I HAD FILED MY ITR FOR A.Y.13-14 ON 5 AUG 2014 I.E.WITHIN 120 DAYS.BUT DUE TO SOME REASON,I WAS NOT ABLE TO SEND ITS COPY TO BANGALORE. IS MY RETURN STILL VALID? IF NOT, THE WHAT ARE THE REMEDIES FOR THAT?
27 June 2014
Remember, if you miss submitting your ITR-V within 120 days, your e-filing will be considered invalid. It will be considered that you have not yet filed your return. You then have to file a revised return, get a new ITR-V and submit the same within 120 days.
Guest
Guest
(Expert)
27 June 2014
The ITR-V should be sent after duly signed. Unless there is your signature the process will not be started, which leads to rejection of your form. You can re-submit the form to the Income Tax Department after the last date (say after 120 days). In that case you will be liable to pay penalty if you receive such a notice from Income Tax Department.
27 June 2014
I AM SOO SORY..I MENTIONED YEAR WRONG I FILED IT ON 5 AUG 2013.. BUT AS FAR AS I HEARD,DATE OF 31.3.14 STANDS LAST DATE FOR THE SAME.. IS IT SO?