Income Tax Return Verification: All You Need to Know

Verifying your Income Tax Return (ITR) is a vital step in completing the tax filing process in India. The Income Tax Department provides multiple methods to verify your ITR, both online and offline.

Key Deadline: The last date for filing ITR for the financial year 2023-24 (assessment year 2024-25) is July 31, 2024, for most individual taxpayers not requiring an audit.

Why Verify ITR?

Verification ensures the authenticity of your tax return, helps the Income Tax Department process returns efficiently, and prevents fraud.

Methods to Verify Your ITR:

E-Verification Using Aadhaar OTP

• Link Aadhaar with PAN.
• Ensure your mobile number is registered with Aadhaar.
• Select Aadhaar OTP under e-verification.
• Enter the OTP sent to your registered mobile number on the e-filing portal.

E-Verification Using Net Banking

• Log in to your bank’s net banking portal.
• Find the e-verify ITR option, usually under the tax section.
• Select the relevant ITR form to proceed.
• You will be redirected to the e-filing portal, and your ITR will be verified.

E-Verification Using Bank Account

• Pre-validate your bank account on the e-filing portal.
• Select the bank account option under e-verification.
• An Electronic Verification Code (EVC) will be sent to your registered mobile number.
• Enter the EVC on the portal to complete verification.

E-Verification Using Demat Account

• Pre-validate your Demat account on the e-filing portal.
• Select the Demat account option under e-verification.
• An EVC will be sent to your registered mobile number.
• Enter the EVC on the portal to complete verification.

E-Verification Using ATM

• Visit an ATM of a participating bank.
• Swipe your ATM card and select the option to generate an EVC for income tax filing.
• Enter the EVC sent to your registered mobile number on the e-filing portal.

Verification Using Digital Signature Certificate (DSC)

• Obtain a DSC from a certified vendor.
• Register the DSC on the e-filing portal.
• Attach the DSC file while filing the ITR for automatic verification.

Physical Verification by Sending ITR-V to CPC, Bengaluru

• Download the ITR-V (Acknowledgment) from the e-filing portal.
• Sign the ITR-V in blue ink.
• Send the signed ITR-V to the Centralised Processing Center (CPC) in Bengaluru via ordinary or speed post within 30 days of filing.

Address:

Centralised Processing Center, Income Tax Department, Bengaluru – 560500, Karnataka, India.

Important Reminders:

• Verify your ITR within 30 days of filing.
• The Income Tax Department’s website provides a guide on e-verifying your return using any of these methods here.
• Electronic verification is instant and preferred over mailing the ITR-V form.

Steps to Download ITR-V:

• Log in to the e-filing portal.
• Go to the ‘View Returns/Forms’ section.
• Download the ITR-V for the relevant assessment year.

Ensure your contact details, especially mobile numbers and email addresses, are correctly updated in your profile on the e-filing portal.

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Monika Shanmugam

Content Writer at Vakilsearch

Hello! I am Monika Shanmugam. With 4 years of crafting engaging and informative content, I'm passionate about demystifying complex topics and weaving impactful narratives. My legal-writing journey began at Vakilsearch, where I spent the past year immersing myself in the intricacies of the legal landscape. This experience shaped my ability to translate legalese into digestible language, empowering individuals with the knowledge they need to navigate the legal system confidently.

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