How to E-verify your Income Tax Return using Bank Account

An income tax return after being filed has to be verified. It is not treated as valid until it is verified by the taxpayer. The Income Tax department has given the option of verifying the return either electronically or physically (i.e by sending signed ITR-V to Centralized Processing Center (CPC) in Bangalore).

Latest Updates
The CBDT has reduced the time limit of ITR verification to 30 days (from 120 days) from the date of return submission. The new rule is applicable for the returns filed online on or after 1st August 2022. For the income tax returns filed up to 31st July 2022, the time limit for ITR verification remains 120 days.

The  following are the ways for e-verifying the return online :

1. Aadhaar OTP

2. Netbanking

3. Bank Account

4. Demat Account

5.Digital Signature Certificate

E-verification of the return can be done through all the aforementioned methods. It verifies the identity of the taxpayer. Of the various methods of e-verification, we have discussed the process of e-verification using bank account below.

Steps to e-verify the Income Tax Return using Bank Account :

Step1: Visit income tax e-filing website at www.incometax.gov.in. Login to your account. If you do not have an account, then first register yourself.

Step 2: After logging in, click on e-File>Income Tax Returns>E-verify Returns.

Step 3: Click on the ‘E-verify’ button of  the relevant income tax return for which e-verification is required.

• If you are e-verifying after 120 days of filing the return, submit the condonation request by clicking ok in the dialogue box.

• And enter the ‘Reason for Delay’ by selecting the reason from the drop-down. If there is any other reason, click on ‘others’ and enter the reason in the ‘Remarks’ column.

Step 4 : Below options will open for e-verification. Select option ‘Through Bank Account’ under ‘Generate Electronic Verification Code (EVC)’ title. And click on the ‘Continue’ button.

Step 5: Under the ‘Enter EVC’ text box, enter the EVC code received on your registered mobile number and e-mail ID registered with your bank account.

Step 6: Success message “Return successfully e-verified” will be displayed on the screen. Download the Acknowledgement’. This acknowledgement will also be sent to your registered email id. You have successfully e-filed and e-verified your income tax return. 

Note: To generate EVC, it is neccessary to first prevalidate your bank account. The below link will guide you how to prevalidate your bank account in the new income tax portal.

Prevalidate your bank account

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