Here Are Five Ways To Verify Income Tax Returns Online
The last day to file income tax return (ITR) for the assessment year 2019-20 (financial year 2018-19) is August 31, 2019. The Income Tax (I-T) Department provides online facilities - through its e-filing portal- incometaxindiaefiling.gov.in - for assesses to file their ITR. After submitting the return, individuals are also required to verify their returns. I-T Department offers five ways for verification of an ITR: net banking, bank ATM, Aadhaar OTP, bank account and demat account, according to the I-T's e-filing portal. Filing the ITR by the stipulated deadline of August 31, 2019 ensures that the assessee does not have to bear any penalty charges.
Given below are five ways to e-verify income tax return (ITR):
Steps to verify income tax returns using net banking
Step 1: Log into net banking account
Step 2: Click on the "e-filing" link provided by the bank
Step 3: Click on e-verify link against the return to be filed. Income tax returns are verified
Steps to verify income tax returns using bank ATM
Step 1: Swipe ATM card in bank ATM
2: Now, click on 'PIN for e-Filing'. Electronic Verification Code (EVC) will be received on registered mobile number
Step 3: Log into e-filing portal-- incometaxindiaefiling.gov.in. Select option to e-verify return using bank ATM
Step 4: Enter EVC on e-filing portal. Income tax returns are verified
Steps to verify income tax returns using Aadhaar card
Step 1: Go to e-filing portal
Step 2: Now, access the "Link Aadhaar" option on the portal. However, this is applicable only in case Aadhaar is not seeded into PAN (Permanent Account Number
Step 3: Click on 'e-verify' link on the portal
Step 4: Select option to e-verify return using Aadhaar OTP
Step 5: Click on 'Generate OTP' option. OTP is sent on the registered mobile number Enter OTP. Income tax returns are verified
Steps to verify income tax returns using bank account
Step 1: Log into e-filing portal
Step 2: Pre-validate bank account (if not validated)
Step 3: Click on e-verify link, select option to e-verify using bank account details and generate OTP
Step 4: EVC is received on registered mobile number. Enter EVC on e-filing portal. Income tax returns are verified
Steps to verify income tax returns using demat account
Step 1: Log into e-filing portal
Step 2: Pre-validate demat account number
Step 3: Click on e-verify link, select option to e-verify using demat account details and generate OTP
Step 4: EVC is received on registered mobile number. Enter EVC on e-filing portal. Income tax returns are verified.