Skip to main content

How to e-verify your Income Tax Return

Best SIP Funds to Invest Online 



After filing your income tax returns, you need to get your ITR-V (return filing acknowledgement) verified. Earlier, it was mandatory for taxpayers to send the physical copy of ITR-V duly signed to income tax department in Bengaluru within 120 days of e-filing income tax return. Now, taxpayers can e-verify it in minutes in five different ways as explained here.

How e-verification process works?

Your income tax returns can be e-verified by generating an Electronic Verification Code (EVC) which is a 10-digit alphanumeric code and unique to a PAN. On one EVC code only one online income tax return can be verified, so in case you revise your income tax return, you need to generate another EVC. After verifying your return via EVC, you are no longer required to send the physical ITR-V to CPC Centre, Bengaluru. Let's understand ways to obtain EVC code:

1. E-verification through Net Banking

Login to your net banking and check whether they are authorised by the income tax department to provide e-verification facilities. Also, your PAN should be validated via KYC before using this method. Then login to your net banking account and select e-verify option, which will redirect you to the government e-filing portal. Here, click on my account on e-filing page which will generate the EVC. This will be sent on your registered email id and mobile number. Using this EVC you can then e-verify your return.

2. E-verification through Aadhar card OTP

To use this e-verification mode, login to government's e-filing portal. Your Aadhar card should be linked with this portal to generate OTP for e-filing. Then click on the option 'generate Aadhaar OTP to e-Verify my return'. After Aadhaar is authenticated and linked, an OTP will be sent to the taxpayer's registered mobile number. Then this OTP can be used to e-verify the tax return. This OTP is valid for 10 minutes. After completing this e-verification method, you can download the acknowledgement from registered email address.

3. E-verification through government e-filing portal

To e-verify IT returns using government e-filing portal www.incometaxindiaefiling.gov.in, taxpayers need to meet certain criteria i.e. income should be less than Rs 5 lakhs and you do not claim a refund. To use this mode, directly log on to the government's e-filing portal mentioned. After login, click on e-verify and the EVC is sent to your registered email address and mobile number. Use this EVC to complete the e-verification process. However, it's recommended to use other methods discussed for e-verification if you don't meet the set criteria or you are unsuccessful to complete the process.

4. E-verification through Bank's ATM

Some banks are registered with the IT department for providing e-verification facility. So check with your bank before proceeding. EVC can be generated by swiping your ATM card in your bank ATM and by selecting an option of Pin for e-filing. Then EVC will be received on registered mobile number which can be used to verify your income tax returns on government portal. This method is useful if you are unable to login to your net banking account to generate EVC.

5. E-verification through Demat account

Before using this method, you need to provide your depository details on government e-filing portal which should be confirmed by the depository. Then select profile setting on portal and pre-validate your demat account. Choose verification mode as EVC using a demat account. You will receive EVC on your registered mobile number. Enter this EVC on e-filing portal to complete the verification process.



SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Popular posts from this blog

Save Tax With Mutual Funds

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300       Mutual funds are ideal as long term investment avenues for retail investors. To encourage investments in this avenue, the Government of India offers investors a spate of tax benefits thus ensuring maximum benefit from mutual funds held beyond a year. Sample some of the key benefits and refer to the table for a detailed list of tax rates for different types of schemes ·        Avail deductions under Sec 80C of the Income Tax Act by investing up to a maximum of Rs. 1 lakh in designated Equity Linked Savings Schemes (ELSS). Such investments have a compulsory lock in period of 3 years. ·        First time retail investors in equity with a gross total income of up to Rs. 12 lakh can invest up to Rs. 50,000 in specific MF schemes un...
Read more

How much to invest in gold ?

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) Let your motivation dictate the share of the yellow metal in your portfolio Enough has been said and written about gold as an investment option. The latest argument is that the craze for gold among Indian households is endangering our country's balance of payments. The policymakers are busy trying to find ways of discouraging investment in gold, but if households keep the common good in mind, they would be paying the market price for gas cylinders as they do for, say, their mobile phone bills. After all, private decisions are driven by private motives. So, how should a household look at gold from its own perspective? Gold is primarily acquired for its merit as a store of value. Even if the worst crisis hits a family, the gold that it holds could be put to use anywhere in th...
Read more

Buying a Used Car

Invest in Mutual Funds Online Download Mutual Fund Application Forms   Pre-owned car can make sense in these inflationary times. But buying one can be trickier than getting a new vehicle    If you are thinking of buying a car but are worried about the rising inflation and higher EMIs eating into your budget, you should consider buying a used car. For those learning to drive, the general advice is that they should hone their driving skills in a used car. However, buying a used car is not an easy task. Though a used car costs less, there are a lot of aspects to be considered while buying one. You should do your due diligence before buying such a car. For example, two cars of the same model would carry two different prices. The difference in price could be on account of the age of the car, how many people have driven, etc. First Fix Your Budget Since used cars are available in a wide variety of models and prices, the starting point would be to determine your budget befor...
Read more

LIC's JEEVAN SHIKHAR

  LIC's Jeevan Shikhar is a participating, non-linked, saving cum protection single premium plan wherein the risk cover is ten times of Tabular Single Premium. The proposer will have an option to choose the Maturity Sum Assured. The premium payable shall depend on the chosen amount of Maturity Sum Assured and age at entry of the life assured. This plan also takes care of liquidity need through its loan facility. The plan will be open for sale for a maximum period of 120 days from the date of launch. 1.   BENEFITS   : a) Death Benefit: On death during first five policy years: Before the date of commencement of risk   :   Refund of Single Premium without interest. Single Premium mentioned above shall not include any extra amount if charged under the policy due to underwriting decision and taxes. After the date of commencement of risk   : "Sum Assured on Death" equal to 10 times the tabular single premium shall be payable. On death after completion of five policy years but b...
Read more

UTI Fixed Term Income Fund Series XVI - I

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   UTI Fixed Term Income Fund Series XVI - I (366 days). New Fund Offer opens on : Friday, August 16, 2013 New Fund Offer closes on : Monday, August 19, 2013 Allotment Date : Tuesday, August 20, 2013 Scheme Tenure : 366 days Maturity Date : Thursday, August 21, 2014 Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Inve...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now