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Filing ITR is incomplete without e-verification.
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Did you not e-verify your tax return? Now the ITR verification time limit is reduced to 30 days

Updated on :  

08 min read.

After e-filing your return, you must verify it. Your return filing process is not complete unless you do so. Taxpayers who filed returns but forgot to verify their tax returns are getting the following email from the tax department.

Email from the income tax department

Caution! Your ITR verification is Pending!

If your ITR is not verified within 120 days of e-filing, it will be considered invalid, and may be liable to pay a Late Fee.

You can verify with-

Aadhaar OTP | EVC through bank account | EVC through Demat account | Sending duly signed ITR-V through speed post to CPC Bengaluru

* Late fee of Rs 1000 or Rs 5000 will be applicable as per Section 234F of the Income Tax Act, 1961.

Compliance for pending ITR verification

 Here’s what you should do –

  • Verify your tax return to complete your return filing process.
  • Verification of tax returns for the assessment year 2022-23 (the financial year 2021-22) can be done –
    • Within 120 days of the date of e-filing– for the returns filed on or before 31st July 2022.
    • Within 30 days of the date of e-filing– for the returns filed on or after 1st August 2022. You may e-verify using Aadhaar OTP or EVC or send your ITR-V (steps here).

The timeline for e-verification of returns filed before 1st August 2022 was 120 days from the date of submitting the return. However, the Central Board of Direct Taxes (CBDT) has reduced it to 30 days for ITRs filed on or after 1st August 2022. The Income Tax Department (ITD) will process your returns only if it is verified either electronically or by sending ITR-V. 

Let’s simplify it-

Returns filed electronicallyTime limit to e-verify/send ITR-V to ITD
Up to 31st July 2022120 days from the ITR filing date
On or after 1st August 2022 30 days from the ITR filing date

As per the notification, if the ITR filed is verified (electronically or by sending ITR-V to ITD) before the time limit of 30 days, then the date on which the return was filed will be considered as the date of furnishing ITR. 

However, if the ITR filed is verified (electronically or by sending ITR-V to ITD) beyond 30 days, then the date of ITR verification will be treated as the date of furnishing the Income Tax return. The taxpayer will have to bear all the consequences provided in the Income Tax Act for late filing the return.

Consequences for late verification of ITR for FY 2021-22

Here are the consequences if the taxpayers verify the return of FY 2021-22 beyond the time limit:-

Returns filed electronicallyITR submitted but not verified withinConsequences 
Up to 31st July 2022120 days of ITR filing dateNo late fee charged
On or after 1st August 202230 days from the ITR filing dateA late filing fee of up to Rs 5,000/ Rs 1,000 (as applicable)
plus
Interest at 1% per month or part of the month on outstanding tax as on 1st August 2022, if any (the interest shall be calculated from 1st August 2022 to the date of verification)

Where to send ITR-V for verification?

Some taxpayers choose to verify the returns offline by sending the ITR-V via speed post to the Income Tax department. The ITR-V must be duly verified in the prescribed form and submitted in the prescribed manner by speed post only to the below address- 

Centralised Processing Centre, 
Income Tax Department, 
Bengaluru – 560500, Karnataka. 

In such cases, the date of dispatch of speed post of duly verified ITR-V will be considered for determining the 30 days period, from the date of filing ITR electronically. 

It is to be noted that these rules apply only to the Income Tax returns filed electronically.

How to verify ITR online?

You can e-verify your Income Tax return online in a few minutes on the Income Tax e-filing portal. If your Aadhaar is linked to your PAN, you can e-verify by generating Aadhar OTP and verify your return in just two steps. You can avoid the hassles of verifying your ITR physically by speed posting it to the Income Tax department. There are various ways in which you can verify your ITR online. You can select any of the modes of e-verification as mentioned below:

  • By generating Aadhaar OTP
  • Using existing Aadhaar OTP
  • Generating Electronic Verification Code (EVC)
    • through a bank account
    • through the Demat account
    • through Net-banking
  • Using existing EVC
  • Using Digital Signature Certificate (DSC)

You can refer to the guide How to e-Verify Your Income Tax Return to know the steps for e-verification. 

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