TaxTMI 
TaxTMI 
Centralised Processing of Returns Scheme, 2011.
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....Act, 1961 (43 of 1961). (b) 'Board' means Central Board of Direct Taxes constituted under the Central Board of Revenues Act, 1963 (54 of 1963). (c) 'Centre' means the Centralised Processing Centre having jurisdiction over such return of income as may be specified by the Board. (d) 'Commissioner' means the Commissioner of Income-tax, Centralised Processing Centre. (e) 'Director General' means the Director General of Income-tax (Systems). (f) words and expressions used herein but not defined and defined in the Act shall have the meaning respectively assigned to them in the Act. 3. Scope of the Scheme.-This scheme shall be applicable in cases where return of income has been furnished in,- (i) electronic ....
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....be specified by the Director General in this behalf. (8) The date of transmitting the data electronically shall be the date of furnishing the return if the Form ITR-V is furnished in the prescribed manner and within the period specified. (9) In case Form ITR-V furnished after the prescribed time is rejected on account of it being unsigned, illegible, mutilated, bad quality or not as per specification, it shall be deemed that the return in respect of which the Form ITR-V has been filed was never furnished and it shall be incumbent on the person to electronically file the return of income again followed by submission of the new Form ITR-V. (10) The Form ITR-V shall be submitted at the address, in the mode and within the period or extended ....
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....ponse is received from the person in reply to the notice of defective return, the Commissioner may declare a return as not having been uploaded at all or process the return on the basis of information available. 7. Centralised Processing Centres.- (1) The Board may set up as many Centralised Processing Centres as it may deem necessary and specify their respective jurisdictions. (2) The processing of the returns shall be undertaken at the Centralised Processing Centre. 8. Processing of Returns.- (i) The Centre shall process a valid return of income in the following manner, namely:- (a) the sum payable to, or the amount of refund due to, the person shall be determined after credit of such Tax collected at Source (TCS), Tax Deducted at....
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....e Centre in the format prescribed and will be processed in the same manner as a return of income-tax. (iii) Where the rectification order results in a demand of tax, the order under section 154 of the Act passed by the Centre shall be deemed to be a notice of demand under section 156 of the Income-tax Act. (iv) In case of error in processing due to an error in data entry or a software error or otherwise, resulting in excess refund being computed or reduction in demand of tax, the same will be corrected on its own by the Centre by passing a rectification order and the excess amount shall be recovered as per the provisions of the Act. (v) Where a rectification has the effect of enhancing an assessment or reducing the refund or otherwise in....
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....uery or clarification received from the Centre. (iii) The Centre may call for such clarification, evidence or document as may be required for the purpose of facilitating the processing of return and all such clarification, evidence or document shall be furnished electronically. 13. Service of notice or communication.- (i) The service of a notice or order or any other communication by the Centre may be made by- a. sending it by post; b. delivering or transmitting its copy thereof, electronically to the person sent by the Centre's e-mail; c. placing its copy in the registered electronic account of the person on the official website ; or d. any of the modes mentioned in sub-section (1) of section 282 of the Act. (ii) The date ....