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As part of the current digitisation program, income tax returns can be e-verified online without having to visit the income tax department. There are different ways in which you can verify the ITR. The latest way to verify is through online, along with the existence of physical offline methods as well. The physical process involves sending a copy of ITR-V by post. In this article, we will learn about e-verifying income tax return on the new IT portal.
Table of Contents
One should verify their Income Tax Return to complete the return filing process. If you fail to verify the same within the stipulated time, an ITR is treated invalid. E-Verification is the most convenient, seamless and instant way to verify your ITR.
One can also e-Verify other requests/responses / services in order to successfully complete the respective processes, including verification of the:
The Electronic Verification Code is essential while submitting tax returns through e-verification. The e-verification must be done within the time limit of 120 days, otherwise, the ITR will be invalid.
You can e-verify your ITR through E-verification code via:
Firstly, log in to your net banking account;
Select the income tax e-filing link provided by the bank;
Select the e-verify link for the return to be verified;
After that, the return will be verified.
Swipe the ATM card at the bank ATM;
Click on PIN for e-Filing;
Electronic Verification Code would be received on the registered mobile number;
Login to the e-filing portal to choose an option to e-verify returns via the Bank ATM;
Enter your Electronic Verification Code on the e-filing portal, after that, the return will be verified.
Visit the e-filing portal;
Link the Aadhaar Number with PAN (in case not linked);
Once Aadhaar is linked successfully, click on the screen;
Select the option to e-Verify return with the Aadhaar OTP;
Generate OTP, which is sent to the registered mobile number;
Enter that OTP on the e-filing portal, then the process is verified.
In case you don’t have your bank account validated, then pre-validate it;
Once the bank account is validated successfully, click on the e-verify link;
Select the option to e-verify using bank account details by generating OTP;
When the EVC is obtained on the registered mobile number, you may provide the EVC on the e-filing portal;
Now the return is verified.
Pre-validate your Demat Account Number if it is not validated before;
Once it’s done, “Demat account details validated successfully” will flash. Then, click the e-verify link;
Click on the option to e-verify with Demat account details and generate OTP.
EVC will be obtained on the registered mobile number. Then, you can enter your EVC on the e-filing portal, and it will be verified.
If you are e-Verifying your return-
In case you are an Authorized Signatory / Representative Assessee:
If you fail to verify within the time, your return will be treated as not filed and would attract all the consequences of not filing ITR under the Income Tax Act, 1961.
However, one can request condonation of delay in verification by providing appropriate reason. Once such a submission of request is made, you will be able to e-Verify your return. Moreover, the return shall be treated valid only after the condonation request has been approved by the competent Income Tax Authority.
It has the following benefits:
The income tax returns can be e-verified online without having to visit the income tax department. It may be noted that the Electronic Verification Code is essential while submitting tax returns through e-verification. E-verifying Income tax return must be done within the time limit of 120 days; otherwise, the ITR will be invalid.
Read our article:Essentials points to note if you are filing ITR this Year
Ashish M. Shaji has done his graduation in law (BA. LLB) from CCS University. He has keen interests in doing extensive research and writing on legal subjects especially on corporate law. He is a creative thinker and has a great interest in exploring legal subjects.
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