If you are Tax Payer Read this: Income tax department important message
Remember to verify your ITR within 30 days of filing. Delayed verification may lead to a levy of late fees in accordance with provisions of the Income-tax Act, 1961.
To complete the return filing process, it is mandatory to verify your Income Tax Return (ITR). If you don’t verify it on time, your ITR will be considered invalid, meaning it is as good as you have not filed your return.
Income tax department has urged taxpayers to not delay and complete the e-filing process today. The failure to comply may lead to penalties, added tax department.
Please find below the modes of e-verification of return. Remember to verify your ITR within 30 days of filing. Delayed verification may lead to a levy of late fees in accordance with provisions of the Income-tax Act, 1961. Don’t delay, verify your ITR today!,” tweeted the income tax department.
Why is e-verification necessary
E-verification of ITRs is mandatory for it to be treated as valid. Effective August 2023, the income tax department has made it mandatory for tax filers to e-verify their returns within 30 days of filing returns.
Steps to e-verify your ITR:
-Go to the income tax department’s e-filing portal. Click on ‘e-Verify Return’.
-You need to enter your PAN, assessment year for which the verification is being done (2023-24), and acknowledgment number.
-Alternatively, you can also log in with your PAN and password, then go to “My Account” and then click “e-Verify Return”.
-The new page will then display the file for which verification is pending.
The process of verifying through Aadhar OTP is fairly straightforward. One can use the OTP delivered to the mobile number registered and mapped with Aadhar to confirm and e-verify the returns.
Another simple way to e-verify is by logging into the net banking portal and navigating through the e-verify ITR segment.
Method 2: e-Verification through Aadhaar OTP:
Log in to your Income Tax e-filing account. Under the ‘e-file’ tab > select ‘Income Tax Returns’ > then ‘e-Verify Return’.
If you do not have Aadhaar OTP available with you: Select the option ‘I would like to verify using OTP on mobile number registered with Aadhaar’.
If you already have the Aadhaar OTP with you: Refer to ‘method 3’
Note: For e-verification of your ITR through Aadhaar, ensure that your mobile number is linked to Aadhaar. Also, ensure that your PAN is linked with your Aadhaar number.
You will see a pop-up window on your screen. Tick the checkbox stating ‘I agree to validate my Aadhaar details’ and then click on ‘Generate Aadhaar OTP’.
Enter the 6-digit OTP received on your registered mobile number and click on the ‘Validate’ button. On successful submission, your ITR will be verified.
Note: OTP will be valid only for 15 minutes.
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