ITR-V Acknowledgement Form means Income Tax Return Verification Form. It is also known as ITR-V (Acknowledgement). When a taxpayer files the ITR (Income tax return), they receive ITR V on their registered e-Mail ID from the Income Tax Department (ITD). The taxpayers also have the option to download the ITR-V Acknowledgement Form from the Income Tax e-Filing website. The process of ITR filing is not complete unless the ITR is verified by the taxpayer. You can either e-Verify Income Tax return or send ITR-V to CPC Bangalore.
Check ITR-V Acknowledgement Form Receipt Status Online
Follow these steps to check your ITR-V receipt status online:
Methods to e-Verify ITR-V
Once the ITR is filed, you are required to verify your ITR-V using any of the following ways:
You can verify your return in an offline manner. In that case, you have to send a signed copy of ITR-V to Centralized Processing Centre, Income Tax Department, Bengaluru – 560500. You can send ITR-V within 120 days from the date of filing return. You can send ITR-V by normal post or speed post (Not by courier or Registered post)
If ITR-V is not sent within 120 days then your return will not be processed by the IT Department. Sometimes, the Income Tax Department (ITR) allows you to verify return after 120 days so you should check the status of a particular return from your login on Income Tax Website.
CPC stands for Central Processing Center for Income Tax Returns. IT Department has set up this CPC in Bangaluru to expedite the processing of income tax returns at a central location. This is where you have to send your signed copy of ITR-V.