ITR Filing Update: The last date to file ITR was 31st July. If you have not filled
your ITR, then now you fill it immediately with penalty. Meanwhile, let us tell you
that the government has changed another big rule of ITR. The government has
tightened the rules of e-verification. According to the notification issued by the
Finance Ministry, now such people will get only 30 days for e-verification.
Department issued order!
As per the order, the Income Tax Department has reduced the deadline for submission
of hard copy of ITR-V or e-verification after filing income tax return from the existing 120
days to 30 days, with effect from 1st August i.e. Has gone. The department had
announced the change in the deadline by issuing a notification on July 29. That is, for
those who submitted ITR on August 1, the last date for e-verification is August 31.
These rules have been applied to tax payers who file their income tax returns on or after August 1. According to the new notification of CBDT, now the date of furnishing the return electronically will be deemed to be the same when Form ITR-V is submitted within 30 days from the date of transmission of data electronically.
Verification is mandatory:
As per income tax laws, ‘ITR will not be considered valid if it is not verified after filing. As per the rule you can verify this in six ways. Generally, audit of ITR-1, ITR-2 and ITR-4 is not required. Let us know in which ways ITR can be verified.
How to E-Verify ITR through Aadhaar:
Step 1: Go to https://www.incometax.gov.in to access your e-filing account Step 2: Select e-Verify Return option under Quick Links.
Step 3: In this, select Verify using OTP on the mobile number registered with
Aadhaar. Then click on e-Verify screen.
Step 4: Select ‘Agree to verify Aadhaar details’ as checked on the Aadhaar OTP screen. Then click on Generate Aadhaar OTP.
Step 5: After entering the 6-digit OTP sent to your Aadhaar-registered mobile number, click on Validate.
Step 6: Remember that this OTP is valid for 15 minutes only. You will be given three chances to enter the correct OTP. You will also see an OTP expiry countdown timer on the screen, which will notify you when the OTP is received. Whereas when you click on Resend OTP, a new OTP will be generated and you will get it.
Step 7: Now a page with the success message and transaction ID will appear. Keep the transaction ID handy for further use. A confirmation message will also be sent on the e-mail and mobile number that you have given on the filing portal.
You can do ITR e-verify in these ways:
1. Through Aadhaar OTP
2. By logging into e-filing account through Net Banking
3. EVC through Bank Account Number
iv. EVC through Demat Account Number
v. EVC through Bank ATM
vi. By sending signed copy of ITR-V through post to CPC, Bengaluru
