ITR-V pertaining to AY 2008-09

This query is : Resolved

MANOJ SHARMA (Querist)
Follow

02 April 2010 Hello ! My query relates to treatment of ITR-V pertainig to AY 2008-09 & e-filed on 31.3.10. Do the revised norms of 120 days despatch time to Banagalore apply to AY 2008-09 as well? Or is it to be physically filed before the respective AO...In case of the latter, what is the latest time limit by which the ITR-V is to be submitted to AO. IN case the return is uploaded on 31.3.2010, by when should the ITR-V be filed physically/sent to B'lore. Please be clear in your answers. Thanks

CA Gangadhar Mishra

CA Gangadhar Mishra (Expert)
Follow

02 April 2010 ITR-V is to be sent to ITO-Banglore office only and it should reach before 120 days from date of filing.but in your case it is advisable to file as early as possible as it is a time bar case.

MANOJ SHARMA

MANOJ SHARMA (Querist)
Follow

02 April 2010 Thanks for the reply...but there still remains a grey area so far as ITR-V's of AY 2008-09 are concerned....One suggestion was to file physically before AO as well as post to B'lore...That seems safe enough!!!

Upgrade to CAclubindia Pro. Subscribe Now!

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

02 April 2010 The ITR V for the assessment year 2008-09 has to be necessarily filed before the jurisdictional ITO. If the return is uploaded on 31/03/2010, cut off date to file ITR V before the ITO is 15/04/2010.

Message likes : 1 times

MANOJ SHARMA

MANOJ SHARMA (Querist)
Follow

03 April 2010 Mr. Warrier, I am also of the same view. Actually the Board's Circulars regarding despatch to B'lore pertain only to A.Y.2009-10 & as far as A.Y. 2008-09 is concerned, the earlier instructions stand as they were never tinkered with....Thanks for the clarity which was required.