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Filing income-tax return after July 31? Verify within 30 days, say experts

Use any one of six methods of verification available

Photo: Shutterstock
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Photo: Shutterstock

Bindisha Sarang
Besides meeting the July 31 deadline for filing the income-tax return (ITR), taxpayers must also remember to verify it. An important development in this regard has been that the Central Board of Direct Taxes (CBDT) has reduced the time limit for ITR verification for taxpayers who failed to meet the deadline.

Ankit Jain, partner, Ved Jain & Associates, says, “Taxpayers who were able to meet the deadline of July 31, 2022 for filing ITR have 120 days after the filing of their return to verify it. But those who file the return after the deadline will get only 30 days