What is the Actual proof document for IT Returns

POSTED BY G ON June 11, 2013 9:03 am COMMENTS (9)

Hi Friends

I was wonder which document is the actual proof of IT Returns? ITR-V ? or CPC Receipt? 

Thanks in advance


9 replies on this article “What is the Actual proof document for IT Returns”

  1. Dear Sampath, till you do not receive your assesment order from IT people, your ITR-V is the proof of submission.



  2. Dear Sampath, in what reference did you post the original query?



    1. Sampath G says:

      Hey Ashal,
      I’ve been working for over 5 years now, every year i filed IT returns but never bothered to keep documents, receipts safe at one place.
      Very recently i collected most of my Form 16s & educating myself on IT returns process.

  3. bemoneyaware says:

    Intimation contains attachment of the zip file containing a PDF file which is password protected. To open this PDF following is your password.

    The password is your PAN Number in lower case followed by your date of birth in DDMMYYYY format. So if your PAN Card Number is ABCDE1234A and date of birth is January 1, 1985, then your password would be abcde1234a01011985. The date of birth should be one which is mentioned on your PAN Card.

  4. bemoneyaware says:

    CPC process the returns as per the rules set by Central Board of Direct Taxes constituted under the Central Board of Revenues Act, 1963 (54 of 1963)
    The CPC shall process a valid return of income in the following manner, namely:-

    (a) the sum payable to, or the amount of refund due to, the person shall be determinedafter credit of such Tax collected at Source (TCS), Tax Deducted at Source (TDS) and tax payment claims which can be automatically validated with reference to data uploaded through TDS and TCS statements by the deductors or the collectors, as the case may be, and tax payment challans reported through authorised banks in accordance with the procedures adopted by the Centre in this regard.
    (b) An intimation shall be generated electronically and sent to the person by e-mail specifying the sum determined to be payable by, or the amount of the refund due to, the person; and
    (c) any intimation to the person to pay any sum determined to be payable shall be deemed to be a notice of demand as per the provisions of section 156 of the Act and all other provisions of the Act shall be applicable accordingly.

    Discussed in detail in After filing the income tax return

  5. bemoneyaware says:

    CPC order that no tax is due is the proof of income tax returns for that year.

    ITR-V stands for ‘Income Tax Return – Verification’ form. E-filing without digital signature is not complete till signed ITR-V is sent.
    This form is generated when you e-file without using a digital signature.
    It is sent to the email id registered if filed on incometaxefile.gov.in.
    This form is used by Income Tax Department to verify the authenticity of income tax return when filed online without using a digital signature.

    1. Sampath G says:

      Where can i find CPC Order?
      Are you referring to the mail with subject ‘Intimation U/S 143(1) for PAN AKBXXXXXX AY:2012-13 “

      1. bemoneyaware says:

        Yes that’s what I mean.
        Intimation U/S 143(1) is sent by Income Tax department in response to the Tax returned filed by you. As the subject suggests “Intimation” – the communication intimates the tax payer about, any tax and interest payable or if you are eligible for refunds.
        Scroll down and at the end of all calculations you would see two headings.

        Net Amount Refundable
        Net Amount Payable
        In case there is ‘0’ in front of both as in the picture above, it means that your tax return filing was perfect – you neither need to pay any more tax for the year nor you would get any tax refunds.

        In case some amount is mentioned for “Net Amount Refundable” then its good news and you would soon get that amount in your bank account. And if “Net Amount Payable” has some amount mentioned, then you need to pay that much tax to Income tax department.

        1. Sampath G says:

          Thank you 🙂

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