The Central Board of Direct Taxes (CBDT) has provided one-time relaxation for verification of e-filed Income Tax Return (ITR) for the Assessment Year (AY) of 2020-21, the Income Tax Department stated.

Taxpayers must remember that the last date to furnish ITR for AY 2021-22 is December 31, 2021.

“CBDT provides one-time relaxation for verification of e-filed ITRs for AY 2020-21 which are pending for verification due to non-submission of ITR-V form or pending e-Verification,” Income Tax India tweeted.

The decision has been taken after a large number of electronically filed ITRs for the AY of 2020-21 still remain pending with the Income-tax Department for want of receipt of a valid ITR-V Form at CPC, Bengaluru or pending e-Verification from the taxpayers concerned, the CBDT said in a statement.

CBDT will provide one-time relaxation for submission of ITR-V/e-Verification for resolving the grievances of the taxpayers associated with non-verification of ITRs for the AY 2020-21 and to regularize such ITRs.

For ITR which is filed electronically without a digital signature, the taxpayer is required to verify it within the time limit of 120 days from date of uploading the Income Tax Return.

Taxpayers can complete the verification procedure through Aadhaar OTP, by logging into e-filing account through net banking, by sending a duly signed physical copy of ITR-V through post to the Income Tax Department Centralized Processing Centre in Bengaluru.

Source: https://www.indiatoday.in/business/story/income-tax-return-last-date-itr-filing-online-1893479-2021-12-28