E-Verification of ITR: Steps and Importance

E-Verification of ITR: Steps and Importance

E-verification of your Income Tax Return (ITR) is a crucial step to complete the filing process. Without e-verification, your ITR is considered invalid. In this blog, we will discuss the importance of e-verification, the different methods available, and the steps to complete the process.

1. Importance of E-Verification

E-verification of your ITR is essential for several reasons:

  • Completes the filing process: E-verification confirms that the ITR filed by you is genuine and completes the filing process.
  • Speeds up processing: E-verification helps in faster processing of your return and issuance of refunds, if applicable.
  • Avoids penalties: Non-verification of ITR can lead to penalties and legal complications. It is mandatory to verify your return to avoid such issues.

2. Methods of E-Verification

There are several methods to e-verify your ITR:

1. Aadhaar OTP

Link your Aadhaar number with your PAN and use the Aadhaar One-Time Password (OTP) sent to your registered mobile number to e-verify your ITR.

2. Net Banking

Log in to your net banking account and use the e-filing option provided by your bank to e-verify your ITR.

3. Electronic Verification Code (EVC)

Generate an EVC through your bank account, Demat account, or pre-validated bank ATM, and use it to e-verify your ITR.

4. Digital Signature Certificate (DSC)

If you have a DSC, you can use it to e-verify your ITR. Ensure that your DSC is registered on the e-filing portal.

5. Sending a Physical Copy

If you are unable to e-verify using any of the above methods, you can send a signed physical copy of the ITR-V (acknowledgment) to the Centralized Processing Center (CPC) in Bangalore.

3. Steps to E-Verify Your ITR

Follow these steps to e-verify your ITR:

Step 1: Log in to the Income Tax E-filing Portal

Visit the Income Tax E-filing portal and log in using your credentials (PAN, password, and captcha code).

Step 2: Select ‘View Returns/Forms’

Under the ‘My Account’ section, select ‘View Returns/Forms’ to view the list of returns filed by you.

Step 3: Click on ‘E-Verify’

Find the return you wish to e-verify and click on the ‘E-Verify’ button next to it.

Step 4: Choose E-Verification Method

Select the preferred method of e-verification (Aadhaar OTP, Net Banking, EVC, DSC) and follow the instructions to complete the process.

Step 5: Confirmation

Once the e-verification is successful, you will receive a confirmation message on the screen and a confirmation email from the Income Tax Department.

How We Can Help

At Our Tax Partner, we provide expert assistance in e-verifying your Income Tax Returns. Our professionals ensure that the e-verification process is completed smoothly and your return is processed without any delays. Click here to learn more about our services and pricing for ITR filing.

Conclusion

E-verification of your ITR is a critical step to complete the filing process. By understanding the importance of e-verification and following the steps outlined above, you can ensure that your ITR is successfully verified and processed without any issues.

For professional assistance and expert guidance, visit Our Tax Partner. We are here to help you navigate the complexities of income tax filing and ensure a smooth and hassle-free experience.

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