yes it is nil return.
Itr very very urgent
Page no : 2
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 27 September 2011
Pragnesh
(AM - Taxation)
(1259 Points)
Replied 27 September 2011
Dear Member, after filing online ITR, Form ITR-V has to be submitted with the Income tax Department as verification of the electronic filing of the return within 120 days after the date of filing. if is not received within time limit then ITR will be rejected. Do not submit Signed ITR-V at Banglore CPC center, your ITR will be automatically rejected through online system. Then Department will consider your first manual return. If Manual is wrong and online is correct than write letter to your Assessing office to cancel or reject your manual itr stating correct reason.
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