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Sunday, February 5, 2012




India Briefing is a magazine and daily news service about doing business in India. We cover topics relating to the Indian economy, the market in India, foreign direct investment and Indian law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



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Income Tax Verification Form Filing Extended to End of March

Jan. 28 – India’s Central Board of Direct Taxes has announced the extension income tax return verification form (ITR-V) forms filed electronically on or after April 1, 2009 to March 31, 2010 or within a period of 120 days from the date of uploading of the electronic return data, whichever is later.

This announcement is related to an earlier circular dated May 2009, which allows taxpayers to file their income tax returns via internet without digital signature to submit a signed ITR-V form within a period of 30 days via post.

The ITR-V form can be sent via post to Post Bag No.1, Electronic City Post Office, Bengaluru 560100, Karnataka. If an email acknowledgment for a filed ITR-V form is not yet received, the taxpayer is advised to send another duly signed ITR-V form to the address above.

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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at india@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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