New Delhi: The last date for filing Income Tax Return (ITR) is almost a month away. While many last minute filers will still be preparing for paperwork, many others will have already done the process.
Those who have already filed ITR must also take note of a very essential factor to complete the return filing process. To complete the process of filing ITR, you will also need to verify your income tax return , Without verification within the stipulated time, an ITR is considered invalid. Or, in other words, if an ITR filing is not verified, it will not be treated as a valid return by the Income Tax Department. As per income tax laws, an ITR must be verified within 120 days from the date of filing of return.
E-Verify is the most convenient and quick way to verify your ITR , These are 6 different ways to e-verify your return online.
1. OTP on the mobile number registered with Aadhaar, or
2. EVC generated through your pre-validated bank account, or
3. EVC generated through your pre-validated demat account, or
4. EVC (offline method) through ATM, or
5. Net Banking, or
6. Digital Signature Certificate (DSC).
How do I know that my e-Verification is complete?
When you are e-verifying your return, a successful message will be displayed along with a transaction ID. Alternatively, after your e-Verification process is successful, you will also receive an Email Will on your registered mail ID with the e-filing portal.
For those who have not yet filed their Income Tax Return (ITR), the deadline to do so is December 31. This year’s income tax return will be filed for assessment year 2021-22 or financial year 2020-21. This year ITR is applicable for income earned between April 1, 2020 and March 31, 2021.
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