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The Central Board of Direct Taxes amends paragraph 5 of Notification no. 02 of 2024 regarding the time limit for verification of income tax returns. The taxpayer verifies the return of income within 30 days from the date of uploading or till the due date for furnishing the return of income as per the Income-tax Act, 1961, whichever is later. The tax authority treats the return as invalid if the taxpayer does not complete the verification within this period.
What you must do
Who is affected
If you do not comply
Ask about this notification
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Directorate of Systems, Bengaluru
Bengaluru, dated 04.04.2024
Subject: Corrigendum to Notification no. 02 of 2024 dated 31.03.2024 -reg
In the Notification no. 02 of 2024 issued by the DGIT(S), Bengaluru bearing the subject
"Time limit for verification of return of income after uploading" dated 31.03.2024: -
2. Paragraph at s. no. 5 shall read as under:
It is further clarified that where the return of income is not verified within 30 days
from the date of uploading or till the due date for furnishing the return of income as
per the Income-tax Act, 1961 - whichever is later - such return shall be treated as
invalid due to non-verification.
Copy to:
Sd/-
(Dr. Zakir Thomas)
Director General of Income-tax (Systems)
Bengaluru
i.
PS to FM/OSD to FM/PS to MoS(F)/OSD to Mos(F)
ii.
PS to Secretary (Revenue)
iii.
Chairman, CBDT & All Members, CBDT
iv.
All Pr.CCsIT/ Pro DGslT
V.
All Joint Secretaries/CslT, CBDT
vi.
C&AG
vii.
Addl.CIT(Database cell) for uploading on the departmental website
viii.
Guard File
.
(R. lIavarasi)
Commissioner of Income-tax(OSD)(HQ & Co-ordination)
0/0 Director General of Income-tax (Systems)
Bengaluru
