CIRCULAR NO. 03/2009, 21-05-2009

Laxmi Mittal (Practice) (188 Points)

09 June 2009  

SIR!

THNAKS FOR YOUR REPLY, BUT QUOTING HEREWITH POINT NO. 9 & 10 , IN POINT NO. 9, IT IS MENTIONED THAT

"One  is required to follow-up the electronic transmission of the data by submitting the

Form ITR-V with the Income-tax Department as verification of the electronic filing of the return within 30 days & at the same time in the next para it is mentioned to send ITR-V to CPC, Bangalore within 30 days of uploading the return.?????

Wil you pl. clarify. lnmital @ dataone.in

CA Laxmi Mittal

M.No. 038894

TAXT OF POINT NO. 9 & 10 OF THE CIRCULAR 

9. However, if the assessee does not use a digital signature for electronically transmitting

the data, he is required to follow-up the electronic transmission of the data by submitting the Form ITR-V with the Income-tax Department as verification of the electronic filing of the return. In such a case, the date of transmitting the data electronically will be the date of furnishing the

return if the Form ITR-V is furnished within thirty days after the date of transmitting the data electronically. In case, Form ITR-V, is furnished after the above mentioned period, it will be deemed that the return in respect of which the Form ITR-V has been filed was never furnished and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by submitting the new Form ITR-V within thirty days.

10. Since the Form ITR-V is bar-coded, assessee is advised not to fold the same and post it in A4 size envelope. The assessee shall furnish the Form ITR-V to the Income-tax Department by mailing it to “Income Tax Department - CPC, Post Box No - 1, Electronic  City Post Office, Bangalore - 560100, Karnataka”   within thirty days after the date of transmitting the data electronically.   The Post Box shall deliver all the Form ITR-V to the Centralized Processing Centre (CPC) of the Income-tax Department in Bangalore.    Upon receipt of the Form ITR-V, the CPC shall send an e-mail acknowledging the receipt of Form ITR-V. The e-mail shall be sent in due course to the e-mail address furnished by the tax-payers in his return. No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner.

HOWEVER

IN ONE OF THE LOCAL NEWS PAPER

IT IS MENTIONED THAT AFTER UPLOADING THE RETURN W/O DIGITAL SIGNATURE, THE SAME HAS TO BE VERIFIED BY THE LOCAL INCOME TAX OFFICE JURISDICTION WITHIN 15 DAYS OF OPLOADING, GET IT STAMPED IN ITR-V, AND SEND THE SAME WITHIN 30 DAYS TO CPC, BANGALORE.
 
THERE IS NO MENTION OF SUCH MIDDLE PROCESS IN THE CIRCULAR OF GETTING STAMPED ITR-V, BT THE LOCAL JURISDISTION AUTHORITY.
 
PL. CLARIFY & SEND THE MAIL AT lnmittal @ dataone.in
 
CA LAXMI MITTAL
M.N.O.038894