Notification No. 05 of 2022, dated July 29, 2022, was issued by the DGIT (Systems) stating that the deadline for verifying an Income Tax Return (ITR) is 30 days from the date of electronically transmitting the data.
It is clarified that:
- If you upload your income return and submit an e-Verification/ITR-V within 30 days, the date you uploaded your return will be considered as the date you submitted your return.
- If you upload your return but submit your e-Verification or lTR-V after 30 days, the date of e-verification will be considered as the date of furnishing return and applicable penalties will follow accordingly.
The notification will be effective from 01.04.2024
Download the Notification here…
“The site is for information purposes only and does not provide legal advice of any sort. Viewing this site, receipt of information contained on this site, or the transmission of information from or to this site does not constitute an attorney-client relationship.
The information on this site is not intended to be a substitute for professional advice.”