Income Tax: CBDT reduces time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data of ITR electronically. (01.08.2022) Leave a Comment / Daily Updates / By Team Bizsol Income Tax: CBDT reduces time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data of ITR electronically. Notification no: . 5/2022 dated 29.7.2022