Income Tax Return: Filed ITR? You can E-VERIFY your returns via THESE processes – Check FULL LIST of modes and steps involved

• July 3, 2021
• CA Chandan Agarwal's Office

An income tax refund happens to a taxpayer if he has paid taxes higher than his actual tax liability. 

You have filed your Income Tax return. Now, when can you expect a refund from the Income Tax Department? An income tax refund happens to a taxpayer if he has paid taxes higher than his actual tax liability. When a taxpayer claims a refund in his return of income, the tax department processes such a return. After this, the taxpayer will get a confirmation from CPC of the quantum of refund that the taxpayer is eligible for. The Electronic Verification Code (EVC) plays a crucial role in submitting tax returns through e-verification. The e-verification should be done within a time limit of 120 days, else the Income Tax return will be considered invalid. Here are five various steps to e-verifying your return through EVC. Let’s have a look

1) Via Net Banking

* Login to your net banking account

* Click on the income tax e-filing link given by the bank

* Click on the e-verify link for the return to be verified

* Now the return will be verified

2) Via Bank ATM 

* Swipe your ATM card in the bank ATM

* Click on PIN for e-Filing

* EVC will be generated on the registered mobile number

* Login to the e-filing portal to select an option to e-verify returns using the Bank ATM

* Enter your EVC on the e-filing portal

* Now the return will be verified

3) Via Aadhaar OTP 

* Go to the e-filing portal

* Link Aadhaar Number with PAN, if not linked yet

* After Aadhaar is successfully linked, click on the screen

* Select option to e-Verify return using Aadhaar OTP

* Generate OTP that you will get on your registered mobile number

* Enter your OTP on the e-filing portal

* Now the process is verified.

4) Via Bank Account Number 

* Go to the e-filing portal

* Pre-validate your bank account, if not done yet

* After bank account validated successfully, click on the e-verify link

* Select the option to e-verify using bank account details by generating OTP

* After the EVC is received on the registered mobile number, enter your EVC on the e-filing portal

* Now the return is verified

5) Via Demat Account Number 

* Visit the e-filing portal

* Pre validate your Demat Account Number, if not done before

* After the Demat account validated, click on the e-verify link

* Select the option to e-verify using Demat account details and generate OTP

* EVC will be received on a registered mobile number

* Enter your EVC on the e-filing portal, it will be verified

Apart from these methods, you can also check through the physical method, which is to send a copy of ITR-V via post.

Source: https://www.zeebiz.com/personal-finance/income-tax/news-income-tax-return-filed-itr-you-can-e-verify-your-returns-via-these-processes-check-full-list-of-modes-and-steps-involved-159833