{"id":2144,"date":"2016-07-14T18:05:27","date_gmt":"2016-07-14T18:05:27","guid":{"rendered":"https:\/\/sunkrish.com\/?p=2144"},"modified":"2017-01-15T06:08:59","modified_gmt":"2017-01-15T06:08:59","slug":"e-filing-atm-based-income-tax-return-itr-validation-facility-enhanced","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2016\/07\/14\/e-filing-atm-based-income-tax-return-itr-validation-facility-enhanced\/","title":{"rendered":"E-filing: ATM-based Income Tax Return (ITR) validation facility enhanced"},"content":{"rendered":"
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<\/a>The Income Tax department has widened the ATM-based validation system for filing e-ITRs by taxpayers with the inclusion of Axis Bank, after SBI, as part of its measure to enhance the paperless regime of filing the annual I-T returns.<\/p>\n

“Now, Electronic Verification Code (EVC) can also be generated by pre-validating Automated Teller Machine (ATM) provided by Axis Bank. SBI had activated the facility last month. Other banks are also expected to join soon,” a senior I-T department official said.<\/p>\n

In May this year, the department had launched the bank account-based validation facility in this regard for those who have not availed the internet banking facility.<\/div>\n
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The new facility is available on the official e-filing portal of the department- http:\/\/incometaxindiaefiling.gov.in\/<\/a> and will work by using the One Time Password (OTP) verification system as activated by the department last year by using the Aadhaar number.<\/p>\n

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These measures are used to validate the e-ITR so that the taxpayer does not take the trouble of sending the paper-based ITR-V by post to the Bengaluru-based Central Processing Centre (CPC) for final resolution and processing.<\/p>\n

The new ITRs have been notified early this year and taxpayers can e-file their ITRs till July 31.<\/p>\n

ITR-1 can be filed by individuals having income from salaries, one house property and from other sources including interest.<\/p>\n

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ITR-2 is filed by Individuals and Hindu Undivided Families (HUFs) not having income from business or profession.<\/p>\n

ITR-2A is filed by those individuals and HUFs who do not have income from business or profession and capital gains and who do not hold foreign assets.<\/p>\n

Source : http:\/\/economictimes.indiatimes.com\/articleshow\/53189425.cms<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Income Tax department has widened the ATM-based validation system for filing e-ITRs by taxpayers with the inclusion of Axis Bank, after SBI, as part of its measure to enhance the paperless regime of filing the annual I-T returns. “Now, … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,493,491],"tags":[483,454,322,298,832,455,451],"class_list":["post-2144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-income-tax-e-filing-of-returns-for-individuals-partnerships-companies","tag-aadhaar","tag-cpc-bengaluru","tag-e-filing","tag-ease-of-doing-business","tag-electronic-verification-code-evc","tag-income-tax","tag-income-tax-return-itr"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2144","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=2144"}],"version-history":[{"count":4,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2144\/revisions"}],"predecessor-version":[{"id":3341,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2144\/revisions\/3341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3340"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=2144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=2144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=2144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}