WHAT NEXT AFTER SUBMISSION OF IT RETURN ?

E -VERIFICATION OF ITR

TIME LIMIT TO E-VERIFY IT RETURNS REDUCED :

Dated 02.08.2022 : In the year 2010 , the CBDT had extended the time-limit for fling ITR-V to 120 days from the date of uploading the return of income as per Press Release dated 27.01.2010 , which was earlier 30 days only . The time limit for verification of the returns was also accordingly extended to 120 days

Now Income Tax department has again reduced the time limit to 30 days from the submission of IT Returns electronically . If you ITR data is electronically verified or lTR-V submitted within 30 days of submission of returns , the date of ITR filing will be considered as the date of furnishing the return of income. If you verify after of 30 days of filing IT Returns , the date of e-verification/ITR-V submission shall be treated as the date of filing of the return of income and all consequences of late filing of return under the Act shall follow.

​ In case you send ITRV by post , the date of dispatch of Speed Post of duly verified ITR-V shall be considered for the purpose of determination of the 30 days period, from the date of transmitting the data of Income-tax return electronically .

The new rules applies only to those who submit IT Returns from 1st , August 2022 and the persons who have submitted earlier will have 120 days window as per old rules .

To read CBDT NOTIFICATION DATED 29.07.2022 IN THIS REGARD , CLICK HERE

E-VERIFICATION OF ITR IN THE NEW E-FILING PORTAL :

Income Tax Return filed is not treated as valid till it is verified by the Tax payer . In the earlier process , one had to verify the return using digitally signed certificate or by submitting ITR-V to CPC . However now one has option to verify his/her IT Return at the time of uploading / after uploading by various means .One can verify electronically the IT Return submitted through e-filing facility of income tax department . One can generate Electronic Verification Code ( EVC ) , a 10 Digit alpha- numeric code through net banking , pre-validated bank account or pre-validated Demat account and will be received on your registered E-Mail address or Mobile number,Then using EVC ,verify the return submitted electronically.There are 5 ways of e-verifying the return apart from submitting Digital Sign Certificate .

For verifying the IT Return submitted for FY 2019-20 , FY 2020-21 , You may verifying in the return either by loggin or without logging in to e-filing website .

VERIFY YOUR TAX RETURN SUBMITTED ON-LINE BY LOGGING IN TO INCOME TAX E-FILING WEBSITE :

1. GO TO NEW INCOME TAX E-FILING WEBSITE

2. LOGIN USING YOUR PAN NUMBER AND PASSWORD .

3. Go to e-filing / income tax returns / e-verify

4. Then select Assessment year ,and method of verification

Or

TO VERIFY WITHOUT LOGIN :

1. Go to e-filing website / e-verify Return

2. Fill PAN Number , Assessment Year , Acknowledgement number and mobile number .

​3. Click on continue ​


​

E VERIFICATION OF ITR USING NET - BANKING :

1. E- VERIFICATION USING NET - BANKING
Some banks are registered with Income Tax department for the purpose . If your bank is registered , you can go to the internet banking facility of the bank ,log-in to your account , go to the section related to tax payment and click in to the link of income tax efiling site and click on the e-verify link against the return to be verified .
Following banks offer the facility .
1. Allahabad Bank 2. Andhra Bank . 3 Axis Bank 4. Bank of Baroda 5. Bank of India 6. Bank of Maharashtra 7. Canara Bank
8. Central Bank of India 9 . City Union Bank Ltd 10. Corporation bank 11. Dena Bank 12. HDFC Bank 13 . ICICI Bank
14. IDBI Bank 15 . Indian Bank 16. Indian Overseas Bank 17. Indusind Bank Ltd 18. Karnataka Bank Ltd 19 . Kotak Mahindra Bank
​20. Oriental Bank of Commerce . 21. Punjab National Bank 22. Punjab and Sind Bank 23. South Indian Bank
24 . State Bank of India 25 . Syndicate Bank 26. The Federal Bank Ltd 27. Karur Vysya Bnak Ltd 28. Uco Bank
​ 29 . Union Bank of India 30. United Bank of India 31. Vijaya Bank 32 . Yes Bank Ltd 33. Equitas small Finance Bank

2. E- VERIFICATION OF IT RETURNS USING ATM CARD ( DEBIT CARD ) THROUGH EVC :

If you have ATM Card ( Debit Card ) issued for your savings bank account which is linked to your PAN Number ,and the bank is registered with income Tax department for providing this service , you may access ATM of the bank and generate EVC for the income tax return you have filed .

Following banks offer the facility .:

1. Axis Bank 2. Central Bank of India 3. ICICI Bank 4. State Bank of India 5. Canara Bnak 6. IDBI Bank

3. E- VERIFICATION OF ITR USING AADHAR NUMBER USING OTP :

An income tax assessee has to provide his Aadhar Number for linking with his PAN Number .If Aadhar card has been successfully linked to PAN Number , OTP can be generated on e-filing site .

HOW TO E-VERIFY USING AADHAR ?

As Linking of Aadhar is mandatory now for filing of IT - RETURNS , and you would have already linked your Aadhar ,it is easy to verify your IT-Return using AADHAR .

1. Login to your income tax account by CLICKING HERE and entering your PAN NUMBER , PASSWORD AND DATE OF BIRTH

2. After logging in , click on - VIEW RETURNS AND FORMS

3. Click here to view returns pending e-verification

4 . CLICK ON - E VERIFY

5. CLICK on the third option I would like generate AADHAR OTP to e-verify my return .
( If you have already obtained EVC ,Go to first option and if you want to generate EVC , then go to second option . )

6. You will receive your one time password ( OTP ) on your registered mobile .

7. Enter the number in the Pop-up Box

8 . A screen will appear indicating successful verification and for download

​For User manual of e- verification CLICK HERE

4. E VERIFICATION OF ITR USING DEMAT ACCOUNT USING EVC :

One can generate Electronic verification code using pre-validated Demat account number at the e-filing site. In the e-filing site , select the option "e-verify using Demat ", and you will get EVC on your registered mobile number .

5 E- VERIFICATION OF IT RETURNS USING BANK ACCOUNT USING EVC :

One can generate Electronic verification code using pre-validated Bank account number at the e-filing site .In the e-filing site , select the option " e-verify using Bank Account number " , and you will get EVC on your registered mobile number .

For User manual of e- verification ,CLICK HERE ,
​
If you have any problem in e-verifying or e-filing of returns , you may vist IT Department help center by CLICKING HERE

HOW TO VERIFY VERIFICATION STATUS OF YOUR IT RETURN SUBMITTED ?
​
1. Login to e-filing website of Income Tax Department by clicking on the link
2 . Enter your PAN NUMBER , PASSWORD AND CAPTCHA
3. In the dashboard go to " View Returns / forms "
4. In the next screen , select the option " Income tax Returns " and submit
5. The next screen will give you the status of your IT Return : Whether it is processed or verified or yet to be verified