V1184 Tau is a young variable for long time monitored at optical wavelengths. Its variability has been ascribed to a sudden and repetitive increase of the circumstellar extinction (UXor-type variable), but the physical origin of such variation, although hypothesized, has not been fully supported on observational basis. To get a new insight into the variability of V1184 Tau, we present new photometric and spectroscopic observations taken in the period 2008-2015. During these years the source has reached the same high brightness level that had before the remarkable fading of about 5 mag undergone in 2004. The optical spectrum is the first obtained when the continuum is at its maximum level. The observations are interpreted in the framework of extinction driven variability. We analyze light curves, optical and near-infrared colors, SED and optical spectrum. The emerging picture indicates that the source fading is due to an extinction increase of DeltaA_V about 5 mag, associated with a strong infrared excess, attributable to a thermal component at T=1000 K. From the flux of H(alpha) we derive a mass accretion rate between 10^-11 -5 10^-10 M_sun yr^-1 s, consistent with that of classical T Tauri stars of similar mass. The source SED was fitted for both the high and low level of brightness. A scenario consistent with the known stellar properties (such as spectral type, mass and radius) is obtained only if the distance to the source is of few hundreds of parsecs, in contrast with the commonly assumed value of 1.5 kpc. Our analysis partially supports that presented by Grinin (2009), according to which the circumstellar disk undergoes a periodical puffing, whose observational effects are both to shield the central star and to evidence a disk wind activity. However, since the mass accretion rate remains almost constant with time, the source is likely not subject to accretion bursts.
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