ITR-V Rejections can occur due to many reasons such as late submission, missing signature, poor quality of form receives for assessment. Taxpayers must ensure that the form is not torn or difficult to comprehend in order to avoid rejections.
Income Tax filing is one of the most important things any person liable for tax should do. While millions of people file their ITR-V applications every year, not all of them are readily accepted by the Income Tax Department. This is mostly because the applicant may have made a few errors when filing his/her taxes. In this pages, we will talk about ITR-V rejection and how you can solve the issue from getting worse.
Possible reasons for ITR-V rejection and their fixes
The Income Tax Department may reject an ITR-V if an applicant doesn’t follow the instructions to the T, when filing the application. Some of the possible reasons are as follows:
- Poor quality
The income tax department is known to reject applications if they feel a particular application is of a rather “poor quality”. In this context, poor quality basically refers to the application received by the official for assessment. The official typically uses this comment when they are finding it difficult to process the application.
In order to keep your application from getting rejected, you will need to make sure that the physical copy you send is in the best condition. You should make sure that the copy you are sending isn’t torn or too shabby to comprehend. If in case, your application gets rejected, send it to the CPC in Bangalore. Also, you need to make sure that the form is printed in an A-4 sheets only and reaches the CPC within 120 days of filing their returns.
- Late submission
Late submission is one of the most commonly seen reason for ITR-V rejection. So, if you are filing your IT returns, make sure your application reaches the tax department before the last day of the filing process.
- No signature
Every application should be authenticated by an applicant by adding their signatures in relevant places. Failure to put even a single signature will lead to rejection. So, before submitting, make sure to check the application a few times as to the completion of the process.
Having your ITR-V rejected isn’t the worst thing in the world but you need to be quick to respond if and when the rejection happens. As long as you check for the status of your application on the income tax website or keep track of the notifications sent to you, you are good to go.