Income Tax Department has given some relaxation for AY 2020-21 in their latest circular, according to this tweet -
CBDT provides one-time relaxation for verification of e-filed ITRs for AY 2020-21 which are pending for verification due to non-submission of ITR-V form or pending e-Verification. Circular No.21/2021 dated 28/12/2021 issued & is available on:
https://t.co/TVbE7NJquy
circular-no21-2021
Does it mean, the people who missed the previous deadline can file their missed ITR now, or if there is some twist?
Thanks and regards
According to this paragraph -
"Therefore, in respect of alllTRs for Assessment Year 2020-21 which
were uploaded electronically by the taxpayers within the time allowed under
section 139 of the Act and which have remained incomplete due to non-
submission of ITR-V Forml pending e-Verification, the Board , in exercise of its
powers under section 119(2)(a) of the Act, hereby permits verification of such returns
either by sending a duly signed physical copy of ITR-V to CPC, Bengaluru
through speed post or through EVC/OTP modes as listed in para 1 above. Such
verification process must be completed by 28.02.2022"
As clarified by
@TracerBullet , this above relaxation will apply only for those who had filed earlier and not for those who did not even file the ITR till 31 March 2021 deadline.