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Under the existing provisions of section 143(1 B), the Central Government may, for the purposes of giving effect to the scheme of centralised processing of returns under section 143(1A), issue a notification relating to such processing of returns. Such a notification can be issued up to 31st March, 2010.

A Centralised Processing Centre has been set up where returns are being processed in batches. However, some more functionalities in the processing of returns may need to be added to make it a complete end-to-end process.

Therefore, it is proposed to extend the time limit for issue of such notification under section 143 (1 B) from 31st March, 2010 to 31st March 2011.

Consequential amendments on similar lines are proposed to be made in section 115WE of the Income-tax Act.

These amendments are proposed to take effect retrospectively from 1st April, 2010.

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