The electronic verification of declarations, presented this year by the income tax department, makes the tax declaration procedures an ongoing process. Until last year, if you did not have a digital signature, you had to send a copy of ITR V to Central
Processing center in Bangalore. As of this year, the tax authorities have introduced an alternative form of paperless electronic filing via the electronic verification code (EVC). The electronic code generation process may vary depending on the taxpayer’s profile and the channel used to access the electronic filing website.
After you have submitted declarations, you have the option to verify them electronically. Electronic archiving and verification can be done smoothly and you can complete the whole process in one go. Despite this relative ease, most people don’t seem to be following this path. The method is very simple, since most taxpayers who archive electronic documents are technically savvy.
To help you navigate the process, here are all the details you need to know about electronic verification, how it works, and the different ways you can generate EVC.
Since you have a 120 day period, you may still have time for electronic verification of your return for verification from the day you submitted your return. After all, those queues at the post office can be quite long.
Email and Mobile Number: The taxpayer can generate an EVC by going to http: www.incometaxindiaefiling.gov.in. This method can be used if the total income, before any deductions are made, is equal to or less than 5 lakh and no refund is required.
After you have registered and opted for electronic archiving, you can request the code by clicking on the “Generate EVC” option.
The site will ask you to choose between sending OTP or EVC electronically via M.
Net banking Click on the first one.
An OTP will be sent to your mobile phone number or email address.
Use this code under the on-site electronic verification option and complete the tax refund procedure.
Net Banking: If your total income exceeds `5 lakh or if there is a refund, EVC via Net Banking is the only option. To use this channel, the PAN must be validated in your bank’s KYC process. Once you select this option, you will be directed to a page with the list of available banks to access Net Banking. Most public and private banks, including SBI, ICICI El Banco, Banco HDFC, Banco Axis, Banco de Baroda, Banco Allahabad, etc. they offer this option. If your bank is authorized, you should be able to log in with your internet bank ID and password. The EVC is sent to your mobile number. This is a relief for NRAs who do not have digital signatures and have difficulty sending physical ITR-Vs.
Aadhaar number: To use this channel, the Aadhaar card and PAN must be connected. If the two are not connected, a pop-up will be displayed on the tax office website and all you have to do is enter your Aadhaar number on the redirected page to link them. Once connected, an OTP is sent to your registered mobile phone number which is valid for the next 10 minutes. Note that the new ITRs also have a space to indicate the Aadhaar card number. Do not confuse this with electronic verification.
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