Is your Income Tax Return (ITR) declared invalid by the Income Tax (I-T) Department? Don’t worry, the Central Board of Direct Taxes (CBDT) has increased the last date for processing income tax returns (ITRs) that were wrongly declared invalid by the Centralised Processing Centre (CPC), Bengaluru.
The ITRs that were filed till March 31, 2024, marked invalid, will now be processed and validated under Section 143(1) by March 31, 2026. This relief is only for the ITR filed for Assessment Years up to 2023–24.
According to a circular, “CBDT had received various representations that CPC-Bengaluru (CPC) has received grievances regarding erroneous invalidation, due to various technical reasons, while processing the returns filed electronically for different assessment years. The time period for processing these returns has lapsed, the latest being 31.12.2024 for AY 2023-24. Therefore, these returns need to be validated and processed as per law.”
“The matter has been considered by the Board, and it has been decided to relax the time frame prescribed in the second proviso to sub-section (1) of section 143 of the Income-tax Act, 1961 (the Act), in exercise of its powers under section 119 of the Act. The Board hereby directs that returns of income filed electronically up to 31.03.2024, which have been erroneously invalidated by CPC, shall now be processed. The intimation under sub-section (1) of section 143 of the Act in respect of processing of such returns shall be sent to the assesses concerned by 31.03.2026,” it adds.
PAN-Aadhaar linkage
According to CBDT, refunds will not be processed if the taxpayer’s PAN is not linked to Aadhaar. This is also mentioned in Circular No. 03/2023 issued on March 28, 2023.
Also Read: ITR Filing Last Date: Income tax return filing deadline is different for every taxpayer; know yours
