After e-filing ITR: ITR-V,Receipt Status,Intimation u/s 143(1)

We often consider filing of the tax return is the end of the whole story. But picture abhi baki hai mere dost. There is misconception that once the tax return has been filed electronically, work is over until the next tax return filing deadline. One has to send ITR-V if income tax returns are filed online without digitial signature, get acknowledgement of Reciept of ITR-V from Central Processing Centre (CPC) Bangalore, then wait for intimation from Income Tax Department under section 143(1). This article covers these in detail.

Sending ITR-V

For ITR for Assessment Year 2015-16 or Financial Year 2014-15 Electronic verification of ITR has been introduced which has made sending ITR-V optional.  Our article  E-verification of Income Tax Returns and Generating EVC through Aadhaar, Net Banking explains the process in detail.

On-line filing can be done with or without digital signature. But, for those filing it without using the digital signature, it is mandatory to submit the ITR-V form generated on-line, to the income tax officials at Bangalore, within 120 days of filing of the return. The process of return filing is complete then.

ITR-V stands for Income Tax Return–Verification , sample form is shown below.

  •  ITR-V is generated when you file your I-T return online—without using a digital signature.It is a one page document, pdf file.
  • You also receive it as an acknowledgement email from the Income Tax Department in your inbox, after you file your return electronically. 
  • They can also download the ITR-V from the https://incometaxindiaefiling.gov.in website from My account ->My Return after login into it
  • This ITR-V also contains the acknowledgement number of electronic transmission and the date of the transmission as an evidence of filing for the benefit of the assessee.
  • The password of ITR V is your PAN number in lower case, followed by your date of birth in DDMMYYYY format , for example for Mr Sharma with PAN number AJSPD8693E and date of birth as 20-Mar-1976 the password would be ajspd9693ed20031976
  • ITR-V should be printed in dark black ink and clear to read.
  • You have to sign the copy of the ITR-V in blue ink .Your signature should not be on bar code of the Form. Bar code and numbers below the bar code should be clearly seen.
  •  In case the return was prepared by a Tax Return Preparer (TRP), the particulars of TRP be also filled and this verification form be countersigned by the TRP.
  • You do not need to send any supporting documents along with the ITR-V. Just the one page signed ITR-V.
  • Do not use stapler on the Form ITR-V. Do not fold this signed ITR-V.
  • Enclose the same in an A-4 size white envelope. Send the envelope to the CPC through speed post or ordinary post within 120 days from the date of filing. You cannot courier the ITR-V.
  • Inside a single envelope, you can send several ITR-V forms.
  • The envelope should be send to Income Tax Department CPC Post Box No.1, Electronic City Post Office, Bangalore-560100, Karnataka. You cannot submit ITR-V  anywhere else in India
Picture below shows empty ITR-V form. (Click on image to enlarge)

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