New Delhi: Income Tax return (ITR) filing process ends with verifying the ITR and this should be done within 120 days of submitting it, failing which your ITR is considered invalid. The easiest way to verify your ITR is by using the Aadhaar-based OTP. But you can opt for this process provided to meet two conditions. The first one is your PAN should be linked to your Aadhaar and secondly, your Aadhaar number must be linked to an active mobile number. But if your don’t meet the above two criteria you can not verify your ITR using Aadhaar-based OTP.
Worth mentioning here is that there are still five other ways including one offline method to verify ITR. Here are five ways to verify your ITR other than the Aadhaar-based OTP process:
1) Sending signed ITR-V receipt: You can send a signed copy of ITR-V (Acknowledgement receipt) to the tax department for verifying your tax return. But the return must be signed in blue ink and it must be sent either through normal post or speed post. Don’t courier ITR-V. Address of CPC Bangalore for speed post is: ‘CPC, Post Box No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka, India’.
Once your ITR is received, you will receive an intimation via SMS on your registered phone and email ID.
2) Through net banking: Under the net banking option of e-verify page on the e-filing portal, select the bank in which you have net banking option. You’ll be redirected to the net banking page of the bank. After logging in, select the e-verify option to complete the process.
3)Through bank account: The third option to verify ITR is by generating Electronic Verification Code (EVC) via your bank account. You must have a pre-validated bank account to be able to generate EVC. Do keep in mind that pre-validation of bank account is a must for receiving income tax refund.
4) Through demat account: This process is applicable to those taxpayers whose demat account is pre-validated and EVC-enabled. On the e-Verify page, select ‘Through Demat Account’ and click ‘Continue’. The EVC will be generated and sent to your mobile number and email ID. Enter the EVC received on your mobile number and email ID registered with your demat account and click e-Verify.
5) Through Bank ATM: There are seven banks that allow e-verification utilizing ATM card. These banks are Kotak Mahindra Bank, Central Bank of India, Canara Bank, ICICI Bank, State Bank of India, IDBI Bank and Axis Bank. If you have a bank account in the above-mentioned banks with your PAN number linked to it, then you can generate EVC using your bank ATM card. To do this, visit your bank’s ATM and swipe your ATM card. Enter your ATM PIN and select Generate EVC for income tax filing. An EVC will be sent to your mobile number and registered email ID.
Now go to the ‘e-verify returns’ option. Select the ITR to verify it and select the option ‘I already have an Electronic Verification Code (EVC). Enter the EVC code and click on e-verify.