Taking relief for taxpayers looking forward to refunds, the Tax Department has extended some time limit for submitting I-T return confirmation (ITR-V) form for three assessment many years including FY10, FY11 and FY12 till March 31.
ITR-V form should be filled by assessees filing tax returns electronically with not a digital signature. The form, duly signed, should be sent to main processing centre, Bangalore, only then the return is called valid.
“The Central Board of Direct Taxes (CBDT) provides extended the time-limit for filing ITR-V forms for assessment many years 2009-10, 2010-11 and 2011-12 till March 31, 2014, for returns e-filed along with refund claims in the time allowed underneath section 139 with the Income Tax Act, ” the board said inside a statement. The decision continues to be taken to present relief to people whose returns were being being termed broken for want with the ITR-V.
Tags-income tax refund,income tax refund status,refund status income tax
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