CBDT provides relaxation for verification of all I.T. Return for AY 2020-21

CBDT has vide Circular No. 21/2021 dated 28/12/2021 provided one-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns.

Now, verification for all lTRs for A.Y. 2020-21, which were uploaded within the time limit prescribed, can be e-verified through EVC/OTP or can be sent to CPC, Bengaluru through speed post by 28.02.2022.

All lTRs for Assessment Year 2020-21 which were uploaded electronically within the time allowed under section 139 of the Act and which have remained incomplete due to non-submission of ITR-V Form pending e-Verification, the Board , in exercise of its powers under section 119(2)(a) of the Act, hereby permits verification of such returns either by sending a duly signed physical copy of ITR-V to CPC, Bengaluru through speed post or through EVC/OTP modes as listed in para 1 above. Such verification process must be completed by 28.02.2022.

This relaxation shall not apply in those cases, where during the intervening period, Income-tax Department has already taken recourse to any other measure as specified in the Act for ensuring filing of tax return by the taxpayer concerned after declaring the return as non-est.

Further, CBDT has also relaxed the time-frame for issuing the intimation as provided in second proviso to sub-section (1) of Section 143 of the Act and directed that such returns shall be processed by 30.06.2022. In refund cases, while determining the interest, provision of section 244A (2) of the Act would apply.

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