After you are over with filing your income tax returns, you need to get your ITR-V (return filing acknowledgment) verified. It was mandatory earlier days for taxpayers to send the duly signed physical copy of ITR-V to Income Tax office. Now, taxpayers can e-verify it with the help of below-listed options:
Verification is done by generating an Electronic Verification Code (EVC) which is a 10-digit alphanumeric code and unique to a PAN. An EVC code pertains to only one online income tax return, make sure to do it correctly.
Let’s discuss some ways to obtain EVC code:
1. E-verification Via Net Banking
2. E-verification through Aadhar card OTP
To use this e-verification mode, log in to government’s e-filing portal. Your Aadhar card should be linked with this portal to generate OTP for e-filing. Then click on the option ‘generate Aadhaar OTP to e-Verify my return’. After Aadhaar is authenticated and linked, an OTP will be sent to the taxpayer’s registered mobile number. Then this OTP can be used to re-verify the tax return. This OTP is valid for 10 minutes. After completing this e-verification method, you can download the acknowledgment from registered email address.
3. E-verification through government e-filing portal
To e-verify IT returns using government e-filing portal taxpayers need to meet certain criteria i.e. income should be less than Rs 5 lakhs and you do not claim a refund. To use this mode, directly log on to the government’s e-filing portal mentioned. After login, click on e-verify and the EVC is sent to your registered email address and mobile number. Use this EVC to complete the e-verification process.
4. E-verification through Bank’s ATM
Some banks are registered to provide an e-verification facility, so check with them before proceeding. EVC can be generated by swiping your ATM card in your bank ATM and by selecting an option of Pin for e-filing. Then EVC will be received on the registered mobile number which can be used to verify your income tax returns on the government portal. This method is useful if you are unable to login to your net banking account to generate EVC.
5. E-verification through Demat account
First, select profile setting on the portal and pre-validate your demat account. Choose verification mode as EVC using a demat account. You will receive EVC on your registered mobile number. Enter this EVC on the e-filing portal to complete the verification process.