- E-verification is mandatory after filing ITR
- There are many easy options available online
- Problems if not verified
ITR E-Verification Guide: Income Tax Return (ITR) filing season is on and lakhs of taxpayers across the country are filing their returns on time. However, many people think that the process is complete after submitting the ITR. In reality it is not. After filing the return it is equally important to verify it through E-verification. If this final process is not completed your ITR is not considered valid.
This may create unnecessary problems in the future. Hence, it is the duty of every tax payer to ensure that e-verification is done after filing ITR. (ITR Verification)
Why is e-verification so important?
As per Income Tax Department rules, it is mandatory to verify the ITR online within a certain period of time after filing it. If this process is not completed in time, the return may be considered incomplete.
Many taxpayers think that their work is over after filing the return, but it can actually be the beginning of the beginning. Therefore, it is important to prioritize e-verification after submitting the return.
The entire process is completed in a few minutes
No need to go to any office to do e-verification. This process can be completed online in few minutes with the help of your mobile or computer. For the convenience of the taxpayers, the Income Tax Department has provided several options. So everyone can choose the right method according to their convenience.
Aadhaar OTP is the easiest option
The most commonly used method is a one-time password sent to the mobile number linked to Aadhaar (OTP). For this, PAN and Aadhaar must be linked and mobile number must be registered with Aadhaar. E-Verification completes within seconds as soon as OTP is entered. This method is considered fast, safe and easy to use.
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Net Banking and EVC options are also available
For those who have internet banking services, they can login to their bank account and go directly to the income tax department portal E-verification can do However, bank account and PAN information must be entered correctly. Apart from this, verification can also be done using Electronic Verification Code (EVC). This code is obtained from a registered bank account or other authorized means. After entering the code on the portal, the process is complete.
Some tax payers can also avail this facility through demat account. There is also a facility to use Digital Signature Certificate (DSC) for businesses and some organizations.
How to do e-verification?
First of all login to the official e-filing portal of Income Tax Department. After that select the e-verification option and fill the required information. In this verification can be completed after filling PAN number, assessment year, receipt number of return and other necessary details.
In some cases the facility to do this process is available without login only with the help of PIN number. This makes the entire process much easier.
Don’t wait until the last minute
According to tax experts, postponing e-verification after filing ITR should be avoided. Many forget this process or wait for the deadline. This increases the possibility of problems related to returns later.
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Timely verification ensures smooth processing of returns and no hindrance in further stages. Hence it is an important responsibility of every taxpayer to ensure that e-verification is completed after filing ITR.
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