There is helpful news for the citizens who have not re-confirmed their ITR for the monetary year 2019-20.
The Income Tax Department has expanded the cutoff time for e-confirmation, giving help to such citizens.
Such taxpayers have been given an exemption by the Income Tax Department to complete the verification process by February 28, 2022. As per law, Income Tax Returns (ITR) filed electronically without a digital signature can be submitted within 120 days with Aadhaar OTP or code sent through net-banking or Demat account, pre-validated bank account, and e-through ATM. Have to get verified.
Aside from this, pay citizens can likewise check by sending an actual duplicate of ITR to the Centralized Processing Center (CPC) office in Bengaluru. Assuming the confirmation interaction isn't finished, it is expected that the return has not been documented. The Central Board of Direct Taxes (CBDT), in a round on December 28, said that an enormous number of electronically recorded ITRs for the evaluation year 2020-21 are as yet forthcoming with the Income Tax Department for substantial ITR-V.
The roundabout said, "In regard of all ITRs for the appraisal year 2020-21 (monetary 2019-20), which were transferred electronically inside the time permitted by the citizens and which came about in non-submission of ITR-V form left incomplete, the Board allows verification of such returns by sending a duly signed physical copy of ITR-V to CPC, Bengaluru through Speed Post or by EVC/OTP mode."
"Such verification process should be completed by February 28, 2022," the CBDT said. In such a situation, the taxpayers who were worried about the e-verification of their ITR, have got time and they can easily do the e-verification of their ITR.
