Even if you have met the December 31 deadline for filing Income-Tax Return (ITR) for assessment year (AY) 2021-22, that does not mean the process has been completed. There is one more essential requirement you need to fulfil, the ITR’s verification.
Mukul Chopra, senior partner, Victoriam Legalis-Advocates & Solicitors, says, “Verification is the last step in filing ITR. Taxpayers can do it using either electronic methods or the physical method.”
The ITR must be verified within 120 days of filing. Naveen Wadhwa, deputy general manager, Taxmann, says, “If you fail to verify the ITR within the stipulated time, it will be considered invalid.”
Mukul Chopra, senior partner, Victoriam Legalis-Advocates & Solicitors, says, “Verification is the last step in filing ITR. Taxpayers can do it using either electronic methods or the physical method.”
The ITR must be verified within 120 days of filing. Naveen Wadhwa, deputy general manager, Taxmann, says, “If you fail to verify the ITR within the stipulated time, it will be considered invalid.”