FAQs on CPC [Central Processing Centre] Related Grievances

Category 1 | ITR-V QUERIES ITR-V Related Questions
Sl.No	Questions	Solutions
1	How can I get a copy of the ITR-V?	Go to “My Account”-> “My Return/Forms” – Select Acknowledgement No. for the assessment year for which ITR V is required- Download and take a print
2	What is the time frame for submitting the signed hard copy of ITR V to CPC?	Please send the signed hard copy of ITR-V to CPC within 120 days of filing of return.
3	On what grounds ITR-V will be rejected at CPC?	It may be rejected due to poor quality, signature missing or Xerox copy of the ITR-V. In such cases, assessee should resend the signed hard copy of the valid ITR-V to CPC within 120 days of filing of the return
4	On receiving ITR-V Rejection communication from CPC, what needs to be done?	You need to resend the signed hard copy of valid ITR-V to CPC within 120 days of filing of return after correcting the error.
5	I have got “ITR-V not received” communication from CPC, what should I do?	Please send the signed hard copy of ITR V to CPC within 120 days of filing of the e-return
6	On submitting the ITR-V, when will we receive the acknowledgement from CPC	If you have sent the ITR-V through ordinary post to CPC then wait for 10 days for acknowledgement from CPC or If you have sent the ITR-V through Speed post to CPC then wait for 7 days for acknowledgement from CPC
7	Can I submit the ITR-V to CPC after 120 days	Yes, you can submit the ITR-V

Origin of TDS CPC Background

Tax Deduction at Source (TDS) is one of the means of collection of direct taxes. TDS constitutes nearly 40% of the direct tax collections.
In the legacy system, the deductees claimed TDS credits based on manual TDS certificates, issued by the deductors. There was no correlation between tax deductions, tax payments and issuance of
TDS certificates. Verification from the deductor was limited & restricted. Thus, the conventional practice of giving credit of tax deductions, based on manual TDS certificates was open ended
leading to tax frauds.
The tax deductors electronically report TDS to the Income Tax Department through quarterly TDS statements. The deductor is obliged to report the following details:
PAN&Name of the deductee;
Nature, extent&the date of transaction;
Amount, rate & the date of tax deducted/collected at Source;
Details of tax payment including the amount & date thereof

Based on the information submitted by the deductor, the deductee is given credit of taxes. Therefore, a robust mechanism that ensures correct, reliable flow of data to the department’s database and its
collation on the basis of taxpayer identifier(s) (PAN) prevents revenue leakage.
LEGACY PLUGGING THE GAP
Centralized Processing Cell for TDS (CPC(TDS))