What is purpose and implication of ITR-V?

This is to simplify the filing of return electronically without digital signature. Last year, the taxpayer was required to take a printout of e- return and submit it in the Income Tax office after verification. To further simplify this procedure ITR-V form has been introduced. This is a single page acknowledgment cum verification form. The assessee has to put his signature and submit it in I.T.office. The requirement of submitting a copy of the return has been dispensed with.