Previously the process of return filing was completed once you send the ITR V to the CPC (Centralized Processing Centre) by post. Thanks to the digital wave, this has been replaced with the e-verification of the tax return as the last step to successfully file your return.
Until you e-verify your return, it will be invalid. To ease the process of e-verification, the income tax department has made available different modes through which the return can be e-verified.
In this article, we will lay out the step-by-step process of e-verification through net banking.
Step 1: Log in to E-filing account through the e-filing portal on the IT Department website.
Step 2: Once logged in to the income tax e-filing portal you can see your dashboard. Under the ‘e-file’ tab, select ‘Income Tax Returns’ and then select ‘e-verify return’.
Step 3: The list of returns will appear. Select the ITR to be verified.
Step 4: Select the option ‘through net banking’.
Step 5: Now select the bank through which you want to verify your ITR
Step 6: You will be redirected to the Net Banking page. Log in to your account using your net banking user ID and password.
Select the ‘E-Verify’ option. It is usually given under the ‘Tax’ tab.
Step 7: You will now be redirected and logged in to the e-filing portal
Step 8: Select the relevant ITR and click e-verify using netbanking option.
Then select the option mode of payment i.e, 'Through Net Banking' Option
Your tax return will be e-verified successfully. You will receive a confirmation message on your e-mail ID and mobile number registered on the income-tax portal.
E-verification of your income tax return (ITR) is one crucial step that comes next after submission. You must complete such verification within 30 days of filing. If you fail to do this, your return will be treated as invalid and will be considered as not having been filed. In that case, you must file a revised return. But if you have good reason for the delay, you can request condonation with adequate reasoning.
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