The CBDT has provided a one – time relaxation for verification of tax – returns for the assessment years (AY) 2015 – 16 to AY 2019 – 20 which are pending due to non – filing of ITR-V and processing of such returns.

Vide Circular No 3/2020 dtd. 13th July 2020 the CBDT stated that a large number of electronically filed ITRs still remain pending with the Income – tax Department for want of receipt of a valid ITR-V Form at CPC, Bengaluru from the taxpayers concerned. In law, consequences of non – filing the ITR – V within the time allowed is significant as such a return is/can be declared as non – est in law.

In this context, as a one – time measure to resolve the grievances of taxpayers associated with non – filing of ITRV for the aforesaid AY’s and to regularize such returns, the CBDT has permitted verification of such returns either by sending a duly signed physical copy of ITRV to CPC Bengaluru through speed post or through EVC/OTP modes. Such verification process should be completed by 30th September 2020.

Circular attached for your reference.