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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>CBDT Grants One-Time Extension for AY 2020-21 ITR Verification Until February 28, 2022; Avoid Legal Consequences.</h1> The Central Board of Direct Taxes (CBDT) has issued a one-time relaxation for taxpayers who e-filed their Income Tax Returns (ITRs) for the Assessment Year 2020-21 but failed to verify them within the stipulated time. Taxpayers can now complete verification by sending a signed ITR-V form to CPC, Bengaluru, or through electronic means like Aadhaar OTP or net banking, by February 28, 2022. This relaxation does not apply if the tax department has already taken measures for non-verification. Returns verified within this period will be processed by June 30, 2022. Failure to verify by the deadline may result in legal consequences.
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