10 April 2009
In case, a return is furnished under digital signature, the date of such furnishing shall be the date of furnishing the return. In case, the assessee chooses to transmit the data in the return electronically and thereafter submit the verification of the return in form ITR-V, the date of transmitting the data electronically will be the date of furnishing the return if ITR-V has been furnished within fifteen days from the date of transmitting the data electronically. In case, Form ITR-V, is furnished after the above mentioned period, the date of furnishing Form ITR-V shall be deemed to be the date of furnishing the return. Further, in case, Form ITR-V is not furnished, it will be deemed that no return has been furnished.
this is as per circular no. 5/2007 dated 26 July 2007
10 April 2009
Continuing the above reply, your attn is invited to CBDT notfns 181/2003 dt 25/7/2003 and 210/2007 dated 27/7/2007 for a detailed understanding on the subject matter referred.
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