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).
A. The following are the ways for e-verifying the return online :
1. Aadhaar OTP
3. Bank Account
4. Demat Account
E-verification of the return is done by generating Electronic Verification Code or EVC. EVC is a 10 digit alphanumeric code, which is sent to registered mobile number. 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.
B. Steps to e-verify the Income Tax Return using Bank Account :
Step1: Visit income tax e-filing website. Login to your account. If you do not have an account, then first register yourself
Step 2: After logging in, select View Returns/Forms
Step 3: The following screen will appear. Select “Click here to view your returns pending for e-verification” tab to view the returns that are pending for verification. Then click on the e-verify tab.
Step 4 : The following screen will appear. Select option 3 -Generate EVC through Bank Account Number.
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Step 5: To generate EVC, you first need to prevalidate your bank account. If the bank account is not already prevalidated, the following screen will appear.
Step 6: Select the bank name and then enter the bank account number, IFSC code and your registered mobile number. Click on “Prevalidate”.
Step 7: On successful pre-validation, the following page will appear. Click “Yes” to generate EVC. This EVC will be sent to the mobile number validated with the bank.
Step 8: Enter EVC number and click Submit.
Step 9: Success message “Return successfully e-verified” will be displayed on the screen. Download the Acknowledgement’. This acknowledgment will also be sent to your registered email id.
You have successfully e-filed and e-verified your income tax return.
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