Press Release

What this is

Press Release was issued by the Central Board of Direct Taxes on 27 January 2010. Its subject is Release 27 1 2010 1.

What it does

Extends the time for sending Form ITR-V where a return was filed electronically without digital signature on or after 1 April 2009. Such a form may now be sent up to 31 March 2010 or within 120 days from the date of uploading the electronic return data, whichever is later, relaxing the 30 day period stipulated in Circular No. 3/2009 dated 21 May 2009. The form is still to be sent by ordinary post to Post Bag No. 1, Electronic City Post Office, Bengaluru. Where the taxpayer has not received the email acknowledgement from the Centralised Processing Centre, another duly signed Form ITR-V may be sent by speed post to the Centre.

Why it was issued

Taxpayers had requested that, as a one-time measure, the time limit for filing Form ITR-V be extended to 31 March 2010, and that an alternative mode of submission be provided where a form sent by ordinary post had not reached the Centralised Processing Centre.

Who it reaches

• Taxpayers who filed electronically without a digital signature from 1 April 2009
• Taxpayers whose Form ITR-V never reached Bengaluru by ordinary post
• Practitioners tracking whether a client's return was validly verified

The instrument, as the Board published it

PRESS RELEASE
INCOME-TAX ACT
EXTENSION OF DATE FOR FILING OF ITR-V FORM PRESS RELEASE, DATED 27-1-2010
Central Board of Direct Taxes has decided to extend the time-limit for filing ITR-V form relating to income-tax returns filed electronically (without digital signature) on or after 1st April, 2009, up to 31st March, 2010 or within a period of 120 days from the date of uploading of the electronic return data, whichever is later. The ITR-V form should continue to be sent by ordinary post to Post Bag No. 1, Electronic City Post Office, Bengaluru - 560100 (Karnataka). However, in cases where email acknowledgement for ITR-V form is not received by the taxpayer from the CPC Bengaluru, the taxpayer may send another duly signed ITR-V form by speed post to Centralized Processing Centre, Electronic City Post Office, Bengaluru, Karnataka - 560100.
This has been done in relaxation of the stipulation in Circular No. 3/2009, dated 21-5-2009 which allows taxpayers who file their Income-tax returns in electronic form without digital signature to submit their ITR-V form duly verified and signed, within a period of 30 days thereafter to Post Bag No. 1, Electronic City Post Office, Bengaluru, Karnataka-560100, by ordinary post.
The relaxation has been made following requests from taxpayers that, as a one-time measure, the time limit for filing of ITR-V form may be extended to 31st March, 2010 and that alternative modes of submission of ITR-V form may also be provided in cases where an ITR-V form has not been received at CPC, Bengaluru by ordinary post.
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What to watch

• The relief is expressed as a one-time measure and the outer date of 31 March 2010 has passed, so it is spent.
• The later of the two limbs governs, so a return uploaded near the end of the period still got its full 120 days.
• Speed post is permitted only for the second form, where no email acknowledgement was received; the first form still had to go by ordinary post.
• This is a press release relaxing a circular, not a circular itself, so cite Circular No. 3/2009 for the underlying requirement.

Where you meet it

In an old dispute over whether an electronically filed return for assessment year 2009-10 was ever validly verified, and so whether it was filed at all.

What it names

It mentions. Circular No. 3/2009

← Circular No. 2/2010  ·  Circular No. 402/92/2006-MC (04 OF 2010) →