{"id":1415,"date":"2016-05-18T13:33:05","date_gmt":"2016-05-18T13:33:05","guid":{"rendered":"https:\/\/sunkrish.com\/?p=1415"},"modified":"2018-08-31T17:55:30","modified_gmt":"2018-08-31T17:55:30","slug":"income-tax-return-is-not-considered-filed-unless-its-e-verified","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2016\/05\/18\/income-tax-return-is-not-considered-filed-unless-its-e-verified\/","title":{"rendered":"Income Tax return is not considered filed unless it\u2019s e-verified"},"content":{"rendered":"

<\/a>Several taxpayers diligently file their tax returns but forget to e-verify them.<\/p>\n

They believe their return filing process is complete once return has been duly submitted to the income tax department.<\/p>\n

 <\/p>\n

Your income tax (I-T) return submission is not complete unless you\u2019ve ticked off the e-verification with the following steps :<\/p>\n

 <\/p>\n

Step 1: You have e-filed your tax return<\/p>\n

 <\/p>\n

Step 2: You have e-verified the return<\/p>\n

 <\/p>\n

Step 3: Final return processing by the tax department i.e. refund is processed or intimation under Section 143(1) is received.<\/p>\n

 <\/p>\n

Taxpayers who do not verify end up with incomplete filings. A refund, if any, is not processed in such cases.<\/p>\n

 <\/p>\n

Returns can be verified either electronically or by sending the physical ITR-V to CPC, Bengaluru. ITR-V is a one-page document, emailed by the I-T department to you; it can also be downloaded from the department\u2019s website. ITR-V must be signed in blue ink and sent via ordinary or speed post to CPC, Bengaluru. You cannot courier the ITR-V. Sending the physical ITR-V involved a lot of problems. With the introduction of electronic verification, your return can now be verified easily and quickly.<\/p>\n

 <\/p>\n

There are several ways to verify your tax returns. To begin, log in to your e-filing account with your PAN and date of birth. Click on \u2018e-File\u2019 from the blue top bar. There is an option under it, \u2018e-Verify Return\u2019; select it. Select one of the options listed to e-verify.<\/p>\n

 <\/p>\n

EVC sent to registered email ID and mobile number<\/strong><\/p>\n

 <\/p>\n

This option is available to taxpayers who have a total income of less than R5 lakh and there is no refund. A 10-digit alphanumeric code is sent to their email id and mobile number, registered on the tax department website, which is valid for 72 hours.<\/p>\n

 <\/p>\n

EVC via Aadhaar OTP<\/strong><\/p>\n

 <\/p>\n

If you don\u2019t have a refund, you can also e-verify via an Aadhaar OTP. Your Aadhaar card must be linked to your PAN on the e-filing website. The OTP is sent to your mobile number registered with Aadhaar and is valid for 10 minutes.<\/p>\n

 <\/p>\n

EVC through net banking<\/strong><\/p>\n

 <\/p>\n

Those with an income of over R5 lakh, or with a refund, have to use net banking to e-verify returns. If your bank is authorised, you\u2019ll be able to log in to e-filing through net banking. First, log in to your bank account and look for the e-filing option. When you confirm to e-verify, an EVC will be automatically generated and applied to the return; your e-verification will be complete. Don\u2019t assume the refund will be credited to the net banking account you have used to e-verify. It is credited to the account selected for refund in your tax return, which may be different from the account you used to e-verify.<\/p>\n

 <\/p>\n

EVC through bank account number<\/strong><\/p>\n

 <\/p>\n

You can also verify your tax return through your bank account number by logging in to the income tax department website. Your bank account number must be pre-validated. To validate, you have to select your bank name, enter the bank account number, IFSC and mobile number, and validate it on the income tax department website.<\/p>\n

 <\/p>\n

The department has issued a circular giving a final chance to taxpayers to put their past tax returns in order. If you had submitted your tax return for the past six years from AY 2009-10 to AY 2014-15, but the return could not be processed for want of ITR-V, you can e-verify it by August 31, 2016. The department shall process such returns by November 30. This will help put your past records in order.<\/p>\n","protected":false},"excerpt":{"rendered":"

Several taxpayers diligently file their tax returns but forget to e-verify them. They believe their return filing process is complete once return has been duly submitted to the income tax department.   Your income tax (I-T) return submission is not … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,491],"tags":[311,322,298,455,451,295],"class_list":["post-1415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-corporate-services","category-income-tax-e-filing-of-returns-for-individuals-partnerships-companies","tag-corporate","tag-e-filing","tag-ease-of-doing-business","tag-income-tax","tag-income-tax-return-itr","tag-taxation"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/1415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=1415"}],"version-history":[{"count":9,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/1415\/revisions"}],"predecessor-version":[{"id":7075,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/1415\/revisions\/7075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3634"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=1415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=1415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=1415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}