- ITR U - What is ITR-U & How to File Updated Return
- ITR Filing Last Date FY 2023-24 (AY 2024-25) | Income Tax Return Filing Due Date
- Documents Required for Income Tax Return (ITR) Filing in India FY 2022-23 (AY 2023-24)
- Section 154 Of Income Tax Act: Rectification of Mistakes under Section 154
- Section 139(5) of Income Tax Act - How to File Revised Return?
- Income From Other Sources: Meaning, Exemptions, Deductions & Examples
- How to Correct the Invalid Surname and First Name Error on e-Filing Portal
- Income Tax Return (ITR) : How to File ITR Online for FY 2022-23 (AY 2023-24)?
- How to Show F&O Loss in ITR? | Guide to Filing Income Tax Return with F&O Loss
- Who is Required to File ITR for FY 2023-24? Conditions & Exceptions for ITR Filing
9 Common FAQs on ITR-V
As the last date of filing ITR (31st August, 2018) is just around the corner, we are sure you must have filed your return by now. But mere filing of ITR is not sufficient. After filing tax return, one has to e-verify it as well to complete the process. This is where ITR-V comes into use.
When you file & submit ITR online, a document ITR-V is generated. This form is an acknowledgement by tax department that your ITR is submitted. Now to complete the process, one needs to e-verify ITR V.
Today, we bring you all common FAQs related to ITR V. We hope all your queries related to this form are solved after reading the blog.
What is ITR-V?
ITR-V is a one-page acknowledgement form which stands for Income Tax Return Verification. It acts as a proof that return has been filed with the income tax department.
I forgot to send ITR-V. What should I do?
If you do not get ITR V verified online then you can also send it to IT department by post. If you fail to do so then return will be considered as incomplete. In that case, you'll have to file a fresh tax return as if you have never filed one.
ITR-V status rejected. What does it mean?
Sometimes it may happen that your ITR V is rejected. The reason can either be poor quality of ITR V or missing signature etc. If ITR V is rejected then you'll receive a notification via e-mail & SMS (on registered mobile number).
If the time limit to verify ITR V hasn't lapsed then you can simply print new form & post it to CPC, Bangalore.
What is ITR-V speed post address?
You can send ITR V form for verification to CPC, Bangalore via post. The address is Income Tax Department – CPC, Post Box No 1, Electronic City Post Office, Bangalore – 560100, Karnataka, India.
You can send post using regular Indian Postal Service or Speed Post (courier is not accepted).
How can I download ITR-V?
It is very easy to download ITR V. Simply visit Income Tax Efiling website & log-in to your account. Select option View Returns/Forms & you'll be shown all ITRs filed. To download form, click on Acknowledgement Number & there you'll see text ITR V. Simply click on it & your form will start downloading.
What if I don't submit ITR-V within 120 days?
If you don't submit & verify ITR V within 120 days of filing, then your return will be considered as not filed. In this case, you will have to file a fresh ITR.
How to e verify ITR-V?
It is very easy to e verify ITR-V. Just read our simple guide on all the methods using which you can do e-verification.
How to check ITR-V status online?
Log-in to your account at e filing website. Click option View Returns /Forms & select the type of return. Now all your ITRs will be visible & here under 8th tab Status will be shown.
Is it possible to make rectification or any other correspondence to CPC in paper form?
No, every correspondence to CPC has to be done online only. The only exception is ITR-V form by post for e verification.
We have tried to cover all the possible queries related to ITR-V. Still, if you need any help, our eCAs are there for you 24×7.
You can also file income tax return for FREE using our user-friendly online efiling software. File today & avoid late filing fee up to ?5000 u/s 234F.
Happy Filing ????