Important! ITR verification date ends this month, Know easy way
Category:Income Tax PortalImportant! ITR Verification Time Table ends this month
The Income Tax Department has reduced the time to verify Income Tax Return (ITR) filing from 120 days to 30 days. This means that anyone who has filed ITR but cannot verify it, has time till this month to do so.
IT department provides 5 ways to know ITR: Internet Banking, Bank ATM, Aadhaar, Bank Account and Demat Account.
Here are the steps to check your ITR using Internet Banking:
Step 1: Log in to your online banking account
Step 2: Click on the ‘e-filing’ link provided by your bank
Step 3: Click on the “Electronic Files” tab and select “Income Tax Forms” from the drop-down list.
Step 4: Select Assessment Year, Named ITR, Submission Mode and click on Continue.
Step 5: Submit your return
Here are the steps to verify your income tax return using a bank ATM:
Step 1: Read your ATM card at your bank’s ATM
Step 2: Select “e-filing password”. Your registered mobile number will receive an Electronic Verification Code (EVC)
Step 3: Log on to the electronic filing portal (incometaxindiaefiling.gov.in). Select the option to verify the return electronically using the bank ATM
Step 4: Enter your EVC in the Electronic Reporting Portal. income tax return verified
Here are the steps to verify your ITR with Aadhaar card:
Step 1: Access the Electronic Reporting Portal
Step 2: Click on the “Electronic Files” tab and select “Income Tax Forms” from the drop-down list.
Step 3: Select the Assessment Year, Designated ITR, Submission Mode and click on Continue.
Step 4: Click on Generate Aadhaar OTP. OTP will be sent to your mobile number registered with Aadhaar
Step 5: Enter your OTP and click on submit.
To verify your income tax return using your bank account:
Step 1: Log in to the Electronic Reporting Portal
Step 2: Pre-verify the bank account (if not verified)
Step 3: Click on the e-verify link and select the option of e-verify using your bank account details to generate OTP.
Step 4: You will receive an EVC on your registered mobile number. Enter the EVC in the Electronic Application Portal. income tax return verified
To view your Income Tax Return using your Demat account:
Step 1: Log in to the Electronic Reporting Portal
Step 2: Demat Account Pre-verification
Step 3: Click on the e-Verify link and select the option to e-Verify using your demat account details to generate OTP.
Step 4: You will receive an EVC on your registered mobile number. Enter the EVC in the Electronic Application Portal. Your Income Tax Return will be verified.
The last date for filing ITR for assessment year 2022-23 (FY 2021-22) is 31 July 2020. Those who fail to file on time may file late, but are subject to penalties.