How to E-Verify Your Income Tax Return?

E-Verify Income Tax Return

Filing income tax returns is a vital task for every taxpayer. Once you have filed your income tax return electronically, it is essential to e-verify it to complete the process. E-verification is a crucial step to validate and authenticate your tax return filing. This article will guide you through e-verifying your income tax return, ensuring compliance with the Income Tax Department’s requirements.

What is E-Verification of Income Tax Returns?

E-verification of an income tax return electronically confirms the accuracy and authenticity of the filed tax return. It replaces the traditional method of sending a physical copy of the ITR-V form to the Central Processing Centre (CPC) in Bengaluru. The electronic verification process saves time and effort by providing a convenient and efficient way to complete the tax filing process.

Benefits of E-Verifying Your Income Tax Return

E-verifying your income tax return offers several benefits, making it advantageous for taxpayers. Some of the key benefits include:

Faster Processing: E-verification eliminates the need for physical submission and manual processing, resulting in quicker verification and processing of your tax return.
Reduced Hassle: With e-verification, you can avoid the hassle of printing, signing, and sending physical documents. It simplifies the process and reduces the chances of errors or delays.
Confirmation Receipt: Upon successful e-verification, you receive an acknowledgement and confirmation of your tax return’s verification. This receipt serves as proof of filing and verification.
Compliance with the Law: E-verification ensures compliance with the Income Tax Act and the rules set forth by the Income Tax Department. It demonstrates your commitment to fulfilling your tax obligations.

Different Methods of ITR E-Verification

When you file your Income Tax Return or ITR, the next step would be to complete the verification. Only if your return is verified and confirmed will it be processed by the Income Tax Department. As a result, we can also say that you or any taxpayer would get a refund only if your return is filed, verified and validated.

When you file an ITR without using the DSC or the Digital Signature Certificate, you must physically send the ITR-V about the ITR filed to the Income Tax Department Office. But you do not need to deliver the actual ITR-V after properly e-e-verifying your ITR. If you do not wish to use e-verification, you must deliver the physical ITR-V by sending it in hardcopy after signing it to the Income Tax Departments Office.

But most taxpayers today prefer e-verifying their return over sending the ITR-V physically to the Income Tax Department. And for this, you may e-verify your ITR using various techniques.

You can e-verify your return using any of the modes listed below:

By generating new Aadhaar OTP
By using an existing Aadhaar OTP
By generating EVC through a bank account or the net banking credentials
By generating EVC through the Demat account
By generating EVC through the bank ATM option
By using an existing EVC.

Here OTP stands for One Time Password, and EVC stands for Electronic Verification Code.

Step-by-Step Guide to E-Verify Your Income Tax Return

1. Logging into the Income Tax e-Filing Portal

Start by visiting the official Income Tax e-Filing portal and log in using your credentials. If you are a new user, register yourself and create an account.

2. Selecting the Relevant Assessment Year and ITR

Once logged in, select the appropriate Assessment Year (AY) for which you want to e-verify your income tax return. Choose the relevant Income Tax Return (ITR) form that you filed.

3. Choosing the E-Verification Method

The e-Filing portal provides various methods for e-verification. Select the method that suits you best. You can choose from options such as Aadhaar OTP, Net Banking, Electronic Verification Code (EVC), or Demat Account.

4. Generating Electronic Verification Code (EVC)

If you opt for the EVC method, you can generate the EVC through different modes such as net banking, bank ATM, or the income tax department’s website. Follow the specific instructions provided by the portal to generate the EVC.

So, after logging into your e-filing account under the official portal of the Income Tax Department, let’s look at how to e-verify your ITR using the above-stipulated methods.

Firstly, you must go to the Income Tax Portal and log in to your e-filing account using the PAN and password credentials.

Now, you will be redirected to the homepage of the income tax portal personal account. Then select an e-File tab on the top left, and choose ‘Income Tax Returns’ under that. Then another menu will appear, from which you must choose ‘E-E-verify Return’.
income tax portal login

Approach 1: Using Aadhaar OTP for E-Verification

Ensure that your mobile number is linked to your Aadhaar for e-verification of your ITR using Aadhaar.
Ensure your PAN is also connected or linked to your Aadhaar number. Let’s have a look at the e-verification process using this OTP.
Select ‘I would like to e-verify using OTP on a mobile phone number registered with Aadhaar’ on the e-verify page.
On your screen, a pop-up would get displayed. And now, you must tick the box that says “I agree to validate my Aadhaar data” and then click the button which is named as, ‘Generate Aadhaar OTP’ button.
Your registered cell or mobile phone number will get an SMS with the 6-digit OTP generated.
Click the ‘Submit’ button after entering the OTP received via SMS in the necessary text box provided for the same.
Your ITR will be validated when it has been submitted successfully. The OTP is only valid for 15 minutes, so the e-verification should be completed within this time.
We can see that, on a common method, most taxpayers would go for Aadhaar OTP for e-e-verifying their return.

Approach 2: Using Available or Existing Aadhaar OTP for E-Verification

Ensure that your mobile number is linked to your Aadhaar for e-verification of your ITR using Aadhaar.
Ensure your PAN is also connected or linked to your Aadhaar number. Let’s have a look at the e-verification process using this OTP.
When you select the option to E-E-verify Return and choose the return you would want to e-verify, you will be taken to a page with the multiple approaches you can choose for e-e-verifying your return as stipulated before.
Now, under this method, instead of the option namely, ‘I would like to e-verify using OTP on a mobile phone number registered with Aadhaar’ as chosen in the previous approach, now you should choose the option namely, ‘I already have an OTP on the Mobile number registered with Aadhaar’.
Then you should enter the already available OTP in the box given for the same. After this, click on the button named ‘Continue’.

Approach 3: E-Verification using Net Banking

If you wish to use a net banking facility to e-verify, your bank account must have a net banking facility, which must be activated.

On the ‘e-verify’ screen, click the ‘Continue’ button after selecting the ‘Through Net Banking’ option available.
Select the bank through which you wish to validate your ITR in the following stage and click the ‘Continue’ button on the screen.
After that, you must log in to your Net Banking account through its web portal for net banking. Choose the e-verify option, which is normally found under the ‘Tax’ page or the Value-Added Services option. This will differ according to the bank and its settings.
You’ll be now directed to the e-filing page once more. Go to the appropriate ITR form and click ‘e-verify,’ your tax return will be correctly e-verified, making it eligible for further processing by the Income Tax Portal.

Approach 4: E-Verification using Demat Account

Using a Demat account to e-verify an ITR is comparable to using a bank account. The only difference is that the EVC will be created and sent to your pre-validated and EVC-enabled Demat account’s cell or mobile phone number and email address.

Approach 5: E-Verification using Bank ATM

Another option for generating EVC is to do it offline. It’s done with bank ATM cards. The Central Bank of India, SBI, Axis Bank, Canara Bank, IDBI Bank, ICICI Bank, and Kotak Mahindra Bank are among the institutions that provide this service. All you have to do is go to an ATM at your bank and swipe your ATM card.

For income tax return filing, enter your ATM PIN and choose the ‘Generate EVC’ option.
An EVC will be delivered to the mobile number and email address you provided when you enrolled for the e-filing site. It’s crucial to remember that your PAN has to be registered with the bank.
Afterwards, go to your account’s e-e-verify page and choose ‘I already have an Electronic Verification Code (EVC)’. Click on e-e-verify after entering the EVC code.

Approach 6: E-Verification using Bank Account

To e-verify through a bank account and create EVC, you must also have a pre-validated bank account.
Receiving an income tax refund requires pre-validation of a bank account, which, if not done, would not fetch you the refund.
This approach will produce EVC and send it to the mobile number and email address associated with your pre-validated and EVC-enabled bank account. Enter the EVC sent to you and click the ‘e-e-verify’ button.
If your books of accounts have not been audited for a relevant financial year, then you can utilise the preceding ways to e-verify your ITR.

And if the same has been audited, then the below-given approach should be used:

Approach 7: E-Verification using DSC or Digital Signature Certificate

However, if your books of accounts are audited, you must e-e-verify your return using a Digital Signature Certificate (DSC). Select ‘I would want to e-E-verify utilising Digital Signature Certificate (DSC)’ on the e-e-verify page.
Now, select ‘Click here to download designer utility’ from the E-verify using Digital Signature Certificate (DSC) menu.
Return to the e-filing page after downloading and installing the designer utility, select the option ‘I have downloaded and installed designer utility’ on the e-verify with Digital Signature page, and click the ‘Continue’ button.
Select ‘provider’ and ‘certificate’, then input the password on the following screen. Then press the ‘Sign’ button.

5. Entering the EVC for Verification

Once you have the EVC, return to the e-Filing portal and enter the code in the appropriate field. Make sure to double-check the accuracy of the code before submission.

6. Successful E-Verification Confirmation

After entering the EVC, the portal will validate the code and complete the e-verification process. You will receive an acknowledgement and confirmation of the successful e-verification of your income tax return.

Common Issues and Troubleshooting

While e-verifying your income tax return, you may encounter some common issues. Here are a few troubleshooting tips:

Invalid EVC: Ensure you enter the correct EVC without any typographical errors. If the entered code is invalid, generate a new EVC and repeat the process.
Expired EVC: EVCs have an expiration period. If your EVC has expired, generate a new code and proceed with the e-verification.
Technical Glitches: In case of technical issues or errors on the e-Filing portal, contact the Income Tax Department’s helpline or seek assistance from a tax professional.

Conclusion

Thus, it can now be concluded that merely filing an ITR or the Income Tax Return would not release you from tax liability. And for this, you should complete the e-verification of your ITR filing using the above-stipulated methods. The same should be completed within the due time prescribed by the Income Tax Department within 120 days.

Frequently Asked Questions or FAQs

Is ITR verification required?

The filing of a return does not end with the uploading of an ITR. Return verification is necessary to complete the return filing procedure.

What does the capacity column give on the income tax return’s verification tab indicate or mean?

The individual or any person authorised under Section 140 can e-verify and sign the return (a). The following are examples of situations when someone other than the individual can sign:

Any person he authorises to sign on his behalf if the individual is not in India.
His guardian or any other person competent to act on his behalf if he is mentally disabled.

iii. For any other reason– if the individual cannot sign, anybody he authorises to sign on his place.

What is the best way to e-verify my ITR or return it?

You may be able to check the status and complete the e-verification of your return online. An Aadhaar OTP or an EVC obtained through net banking, a bank account, or a Demat account can be used for online e-verification. If you cannot e-verify your return, you can print, sign, and send the return filing acknowledgement, i.e., ITR-V, to the CPC in Bangalore to be processed.
Let’s say you’re manually filing a tax return (if you are not bound to file your return online). You may sign your income tax return for verification and send it to the jurisdictional income office in that situation.

To e-verify a return, how can one generate an Aadhaar OTP?

An Aadhaar OTP can be used to e-verify an ITR once filed. To use Aadhaar for e-verification, you must connect your Aadhaar to your PAN and registered cell phone number. After that, complete the procedures below to e-verify:

Select ‘e-verify Return’ from the ‘e-File’ menu.
Select Option 3 – “I would like to e-verify using OTP on a mobile number registered with Aadhaar” from the e-verify link.
An OTP will be sent to your registered phone number.
Click the ‘Validate’ button after entering the OTP.

What is the time limit for completing the e-verification of ITR?

The e-verification of the ITR filing should be completed within a period of 120 days from the date of filing of your ITR, as it will be processed only after the completion of this e-verification by the Income Tax Department.

When does an employer deduct TDS yet fail to provide a certificate?

Before making a payment, everyone responsible for paying a salary must subtract TDS. According to the Income Tax Act, everyone who deducts TDS from a payment must provide a certificate detailing the amount of TDS deducted and submitted. Employers who deduct TDS from their employees’ salaries must provide a certificate (Form 16) in a certain manner.

Are there any advantages to the e-verification of online returns?

You can avoid signing or submitting a paper copy of return filing acknowledgement by using e-Verification using an Electronic Verification Code (EVC) or an Aadhaar OTP, as the case may be. In addition, as compared to other types of verification, e-verification speeds up the processing of your return.

My return was e-filed. My ITR-V has been printed, signed, and forwarded to CPC. On the other hand, CPC has informed me that they have not yet received ITR-V. In addition, 120 days have passed since I submitted my return. So, what should I do now?

You may send your ITR-V to CPC again, as the first one has not reached them. If you can demonstrate or furnish adequate documentation or data of having sent the ITR V to CPC for the first time, you will not be viewed as a taxpayer who has not filed his return or paid tax.