CBDT has extended Time Limit for Filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 Till 31.03.2014 for Returns E-Filed with Refund Claims. The full details of Circular No. 04/2014 dt. 10.02.2014 is as follows:
Circular No, 04/2014
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, New Delhi
Dated the 10th of February, 2014
Subject: - Non-Filing
of ITR-V in returns with refund claims-relaxation of time-limit for
filing ITR-V and processing of such returns -regarding.
Several
instances of grievances have come to the notice of the Board stating
that a large number of returns-of-income for Assessment Year ('AY')
2009-2010, which were electronically filed without a digital signature
in accordance with procedure laid down under the Income-tax Act, 061
('Act'), were not processed as such returns became non-est in law in
view of Circular No. 3 of 2009 of CBDT dated 21.05.09. Paragraphs 9 and
10 of the said Circular laid down that 1TR-V had to be furnished to the
Centralised Processing Centre ('CPC'), Bengaluru by post within 30 days
from the date of transmitting the data electronically and in case, 1TR-V
was furnished after the stipulated period or not furnished, it was
deemed that such a return was never furnished. It was claimed by some of
the taxpayers that despite sending ITR-V through post to CPC within
prescribed time-frame, the same probably could not reach CPC and thus
such 4eturns became non-est. Since ITR-V was required to be sent through
(ordinary) post at a 'post box' address, there were no despatch
receipts with the concerned senders in support of their claim of having
furnished 1TR-V to CPC within prescribed time limit.
2.
Subsequently CBDT extended the time-limit for filing ITR-V (re1ati4 to
Income-tax returns filed electronically without digital signature for AY
2009-2010) upto 31.12.2010 for 120 days from the date of filing,
whichever was later. It also permitted sending of ITR-V either by
ordin4ry or speed post to the CPC. However, for the AY 2009-10, some
cases were still reported where return was declared non-est due to
non-receipt of ITR-V by CPC even within such extended time-frame and
conseq4ently the refunds so arising continue to remain held up.
3. Likewise, for AY's 2010-11 and 2011-12, though relaxation of time for furnishing ITR-V was granted
by
Director General of Income Tax (Systems), it has been noticed that a
large number of such electronically filed returns still remain pending
with Income-tax Department for want of receipt of valid ITR-V
Certificate at CPC.
4. The matter has been examined. In order to mitigate the grievances of the taxpayers pertaining to non
receipt
of tax refunds, Central Board of Direct Taxes, in exercise of powers
under section 119(2)(a) of the Act, hereby further relaxes and extends
the date for filing ITR-V Form for Assessment Years 2009-10, 2010-11 and
2011-12 till 31.03.2014 for returns e-Filed with refund claims within
th4 time allowed under section 139 of the Act The taxpayer concerned may
send a duly signed copy of 1TR-V to the CPC by this date by speed post.
In such cases, Central Board of Direct Taxes also relaxes the
time-frame of issuing the intimation as provided in second proviso to
sub section (1) of Section 143 of the Act and directs that such returns
shall be processed within a period of six months from end of the month
in which ITR-V is received and the intimation of processing of such
returns shall be sent to the assessee concerned as per laid down
procedure.
5. Provision of sub-section (2) of section 244A of the Act would apply while determining the interest on such refunds.
6.
The taxpayer concerned may ascertain whether ITR-V has been received in
the CPC, Bengaluru or not by logging on the website of Income-tax
Department - http:/incometaxefiling.gov.in/e-Filing/Services/lTR-V
Receipt Status.html by entering PAN No. and Assessment Year or e-Filing
Acknowledgement Number. Alternatively, status of ITR-V could also be
ascertained at the above Website under 'Click to view Returns/Forms'
after logging in with registered e-Filing account. In case ITR-V has not
been received within the prescribed time, status will not be displayed
and further steps would be required to be taken as mentioned above.
7. Hindi version to follow.
(Rohit Garg)
Deputy Secretary to the Government of India
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