Those taxpayers who all are filing electronic Income Tax returns will soon get relief from sending by post the mandatory paper verification form (ITR V- Acknowledgement) as the CBDT has decided to soon stop this practice.
The Central Board of Direct Taxes (CBDT), administrative authority of the Income Tax department is contemplating to introduce electronic verification of these online returns. This means the requirement of sending physical returns by post to central processing cell at Bangalore may be dispensed with this year. This may help in timely validation of e-returns and paper verification could be avoided. It would also save on postal delays and costs.