What happens if I fail to e-verify my tax return form within 120 days of e-filing?
If you forget, delay or otherwise fail to e-verify your income tax return form with an ITR-V within 120 days of filing, your return will be considered null and void. In other words, you will be treated as if you have not filed your return at all. There is a penalty for not declaring your taxes from this year (2018). So, it is very important that you don’t forget this!
How can I check whether the CPC has received my ITR-V?
You can check your ITR status by visiting the official income tax login portal and clicking on the link that says, “ITR Status” under Quick Links. For the detailed process, click here.
Will I get a confirmation of my ITR-V receipt by the CPC?
Yes. You will receive an intimation confirming that your ITR has been received by the CPC, Bangalore. However, if you’ve sent your ITR-V by post then you must wait up to 10 days before the confirmation. See the previous question to check ITR status.
Can the ITR-V be rejected and if so, what should I do then?
Yes. The ITR-V can be rejected by the CPC if not submitted in the proper manner or format.
You will receive an intimation by post or email, depending on how you sent the acknowledgment through to the CPC. Carefully, read the reason for the rejection. It is possible that you performed the e-verification after the 120-day window expired. Or you may have missed signing the document or verifying the same with your AADHAAR or digital signature.
In this case, you must make the appropriate corrections and resend the verification document.
Find out what the ITR-V and e-verification are by clicking here.