If you are also filing ITR for the first time, then it is very important for you to understand that just by filing income tax return, you do not get the refund on time. For this, you have to do some important work, only then you get the refund quickly.
If you have not filed your income tax return yet, then this news is useful for you. Actually, the process of filing income tax return has started. At the same time, the last date for filing ITR is 31st July. In such a situation, it is necessary for all taxpayers falling under the tax slab to file ITR on time.
If you are filing ITR for the first time, then it is very important for you to understand that just by filing income tax return, you do not get the refund on time, but you also have to complete its last process. If you want a quick refund, then you should do some work during ITR filing so that you can get the return quickly.
Also Read: 8th Pay Commission Salary Structure, How much will the salary increase, when will it be implemented?
This work is very important
If taxpayers want to get their refund on time, then they must complete the process of e-verification after e-filing. If you fail to do so, your ITR will be considered incomplete and you will not receive the refund on time.
By when should e-verification be done
Although you should complete the e-verification along with filing the ITR, but according to the Income Tax Department, it gives a full 120 days to complete the e-verification. During this time you can complete the verification process. If you do not complete the e-verification within 120 days of filing the return, then your return will not be considered complete and you will not get a refund. You can complete the process of e-verification through demat account, Aadhaar or ATM net banking or Digital Signature Certificate (DSC).
Complete the process of e-verification like this-
- For this, first of all you click on the e-filing portal https://www.incometax.gov.in/iec/foportal/.
- Next login to the portal by entering user IT and password.
- Click on e-file menu and select e-verification option.
- Next, enter your PAN number, select assessment year, receipt number of filed ITR and your mobile number.
- Next select the e-verification mode you want to choose.
- Complete the e-verification process through any of the modes like Demat Account, Aadhaar or ATM Net Banking or Digital Signature Certificate (DSC).
- After completion of e-verification process, you will see a message on the transaction ID.
