TMI BlogOne-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 returnsX X X X Extracts X X X X X X X X Extracts X X X X ..... 2021 Subject: 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 - reg. 1. In respect of an Income-tax Return (ITR) which is filed electronically without a digital signature, the taxpayer is required to verify it using any one of the following modes within the time limit of 120 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thereafter, the consequences for non-filing an ITR, as specified in the Income-tax Act,1961 ('the Act') follow. 3. In this context, it has been decided by the Board to provide one-time relaxation for submission of ITR-V/e-Verification for resolving the grievances of the taxpayers associated with non-verification of ITRs for the Assessment Year 2020-21 and to regularize such ITRs which hav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 5. Further, Board also relaxes the time-frame for issuing the intimation as provided in second proviso to sub-section (1) of Section 143 of the Act and directs that such returns shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X
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