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ITR Verification Deadline: Missing ITR verification deadline can cost you Rs 5000 despite filing ITR on time

The Central Board of Direct Taxes, via a notification in July 2022, reduced the time limit for ITR verification from 120 days earlier to 30 days. The new law is effective from August 1, 2022, and will be applicable to all the ITRs filed on or after August 1, 2022. This includes ITR filed on or before July 31, 2023. However, missing the 30-day ITR-filing deadline can cost you Rs 5000. ....

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ITR verification: Deadline to verify ITR for AY 2020-21 ends today

Verification of the tax return either electronically or by sending a signed physical copy of the return filed online is essential as it is a way of declaring the truthfulness of the information reported in the return, a legal requirement ....

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Big relief for taxpayers! Income Tax Department says THIS on ITR e-filing verification

Big relief for taxpayers! Income Tax Department says THIS on ITR e-filing verification - For electronically filed ITRs without digital signature, taxpayers need to verify within 120 days of ITR uploading using one of the prescribed methods ....

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Income Tax dept relaxes deadline for ITR verification till Feb 28

The IT department has extended the deadline to verify ITR till February 28 next year from December 31 this year. ....

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