Hi- I have applied for condonation for "Everification" as I had not verified my ITR within 120 days. If my condonation is accepted, do I have to file my returns under Sec 119(2)(b) or will my ITR be automatically processed on successful condonation request. Any help and reply from fellow citizens would be much appreciated.
Your ITR would be shown as Invalid presently, i guess. You will have to wait for department accepting your condonation request.
Once your request is accepted, your ITR will be processed accordingly. No need to file your itr again then.
Thank You Sir for your reply- Any idea how long the process of acceptance/rejection of condonation will take?? I applied for Condonation on August 14.
It can take much time than expected. Have patience. For further information, you can call cpc bangalore.
CAclubindia
