If you have already filed your Income Tax Returns (ITR), now you need to verify it. The tax department will process your ITR only when it’s verified. Besides, you can get refunds only after the submission and verification of the income tax return. This post tells you how to e-verify your income tax returns. Read on!
There are multiple methods through which you can process your ITR verification. To initiate the process, you need to sign in to your account through the income tax portal and choose the e-Verify Return option.
Next, you need to select any of the following modes to e-verify ITR:
To e-verify your ITR via Aadhaar, you need to make sure your mobile number is linked with your Aadhaar number. Additionally, your PAN needs to be linked with Aadhaar. Follow the pointers below to complete the process:
After submission, your ITR will be successfully verified. Almost all taxpayers opt for this method for ITR verification.
Individuals who use the net banking service of their bank account can e-verify ITR online by following these steps:
After this, you’ll be taken back to the e-filing website. Select the relevant income tax return form and press ‘e-verify’. Your income tax e-verification procedure will be complete.
For ITR verification through a bank account, you should have a pre-validated bank account for generating EVC in ITR. It is mandatory to pre-validate your bank account to receive a tax refund.
This process will generate an EVC, and you’ll receive it on your email ID and mobile number registered with the EVC-enabled and pre-validated bank account. You just need to furnish your EVC and press ‘e-verify’.
Verification of income tax returns through a Demat account will be the same as verification through a bank account. However, in this case, you will receive the EVC on your email ID and mobile number registered with your EVC-enabled and pre-validated Demat account.
This is another procedure to generate EVC. Only certain banks, such as Kotak Mahindra Bank, IDBI Bank, ICICI Bank, SBI, Central Bank of India, Axis Bank and Canara bank, offer this service. You just need to visit the bank’s ATM and follow the below-mentioned procedure:
In case your books of accounts aren’t audited, you can consider the above-mentioned procedures to verify ITR.
In case your books of accounts are audited, you can e-verify your ITR through a DSC (Digital Signature Certificate)by following these steps:
You will get an SMS on your mobile number and email ID registered with the e-filing website. This will confirm the completion of income tax verification.
Income Tax Return e-verification facility is available for both unregistered and registered users on the e-filing website. You can e-verify Income Tax Returns using any of the various methods applicable. In addition, you may e-verify any other IT-based requests, responses, services and submissions on the e-filing portal to finish the respective procedures successfully.
You require verifying your income tax returns to finish the return filing procedure. The IT Department will treat an ITR as invalid if you do not verify it within the stipulated period. E-verification is an instant and convenient mode to verify your tax returns.
You may e-verify multiple services, responses and requests to finish the respective procedures, including the verification of the following:
The following are the benefits of e-verification:
An EVC (Electronic Verification Code)denotes a ten-digit alphanumeric code, which you will receive on your email ID and mobile number registered with the Demat account/bank account/e-filing portal (as the case can be) during the e-verification process. It’ll be valid for 72 hours from the time of its generation.
Yes, you will have to submit a service request for condonation of delay by furnishing a relevant reason for the delay. After that, the Income Tax Department will approve your condonation request, and your return verification will be successful.
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This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
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