Rule 4(11) of centralized processing.
CA Ankur Agarwal (CA) (110 Points)
02 February 2016CA Ankur Agarwal (CA) (110 Points)
02 February 2016
Shivani Mittal
(Practice)
(425 Points)
Replied 02 February 2016
Rule 4(11) "The Commissioner may, in order to avoid hardship in a case or class of cases, condone the delay in receipt of Form ITR-V"
It means that the commissioner has the powers to excuse the delay on part of the assessee for furnishing ITR V in time. He can do so only if provided with appropriate reasons for the delay.
Regards
CA Shivani Mittal
CA Ankur Agarwal
(CA)
(110 Points)
Replied 03 February 2016
So how the ITR is going to be processed? Is there anything that I have to do now? Anything to be done on e-filing now? Please tell.
Shivani Mittal
(Practice)
(425 Points)
Replied 04 February 2016
Hi Ankur,
First check your itr status by loging in at incometax.gov.in. If it says processedd, then nothing is to be done.
CA Ankur Agarwal
(CA)
(110 Points)
Replied 04 February 2016
It still says "Received after due date" literally 1 month has Elapsed.