CPC extends deadline to process invalidated I-T returns
income tax returns
that were erroneously declared invalid by the Centralised Processing Centre (CPC).
Experts say this will assist many taxpayers with their loan and visa applications. This measure will offer relief to a large number of taxpayers whose returns were declared invalid by the CPC on various technical grounds, particularly where signatures could not be verified or validated.
This applies to all assessment years, and the time for processing the returns has been extended until March 31, 2026.
Jainik Vakil, chairman of the direct tax committee of the Gujarat Chamber of Commerce and Industry (GCCI), said, "Many times, people do not get their returns e-verified and sent to the CPC.
However, if it does not reach the CPC within 30 days, the return is invalidated. If the return filed by an assessee is declared invalid by the CPC and consequently not processed, it is advised to immediately follow up with the CPC and get it processed.
If any refund is due, then the same will be granted along with interest till date. Make sure that your PAN is linked to Aadhaar. If not, get them linked so that the refund gets issued. All those who face issues with loans and visas due to invalid returns will get relief due to this."
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