The Ministry of Finance (MoF) on April 04, 2024, issued a notification regarding the Corrigendum to Notification No. 02 of 2024.
In Notification no. 02 of 2024 issued by the DGIT(S), Bengaluru bearing the subject "Time limit for verification of return of income after uploading" dated 31.03.2024: -
2. Paragraph at s. no. 5 shall read as under: It is further clarified that where the return of income is not verified within 30 days from the date of uploading or till the due date for furnishing the return of income as per the Income-tax Act, 1961 - whichever is later - such return shall be treated as invalid due to non-verification.
