SECTION 139 OF THE INCOME – TAX ACT, 1961 – RETURN OF INCOME – GENERAL – EXTENSION OF TIME LIMIT FOR FILING ITR-V FORMS FOR ASSESSMENT YEAR 2009-10
PRESS RELEASE NO. 402/92/2006-MC (40 OF 2010), DATED 9-9-2010
The Central Board of Direct Taxes have extended the time limit for filing ITR-V forms relating to Income-tax returns filed electronically (without digital signature) for the assessment year 2009-10 up to 31st December 2010, or 120 days from the date of filing, whichever is later.
Many taxpayers have either not filed their ITR-V or have filed it with the local Income-tax office. ITR-V is accepted only at the Centralized Processing Center (CPC) of the Income-tax Department at Bengaluru by ordinary or speed post. Therefore, this final opportunity is being given to such taxpayers to regularize their Income-tax returns.
Taxpayers who have filed their returns electronically for assessment year 2009-10 on or after 1st April, 2009 and have not filed the ITR-V to the CPC may mail it by ordinary post or speed post at Post Bag No. 1, Electronic City Post Office, Bengaluru – 560100 (Karnataka). Taxpayers who have filed their ITR-V with the local Income-tax office may again mail their ITR-V to the CPC. Those taxpayers who have earlier mailed their ITR-V, but have not received the acknowledgement e-mail from the CPC, may re-mail their ITR-V to the CPC.
The ITR-V form should be mailed to the CPC only at the above address by ordinary post or speed post. Taxpayers may note that no other place or form of delivery will be accepted.
Taxpayers may also note that without acknowledgement of the ITR-V from the CPC it would not be possible for the Income-tax Department to process the Income-tax returns or issue any refunds therefrom, as these would be treated as not having been filed with the Department.