Income Tax Update: Let us tell you that the last date for filling ITR is near, if you have not filled it yet, then you have only a few days left, if you are not able to fill it before this date, then your filing may be invalid.
The last date to file ITR is July 31 and the government has told that there is no idea to extend it. In such a situation, now you have only 5 days left, and if you have not yet paid the tax, then fill it immediately. Not only this, if you are going to file Income Tax Return (ITR), then keep in mind that it is mandatory to be verified, otherwise your filing will not be valid.
Verification is mandatory
As per income tax laws if the ITR is not verified within 120 days from the date of filing then it will not be considered valid. 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.
Know how you can e-Verify ITR
i through Aadhaar OTP
ii. By logging into the e-filing account through net banking
iii. EVC through bank account number
iv. Demat Account Number through EVC
v. EVC through Bank ATM
vi. How to e-Verify ITR through Aadhaar by sending signed copy of ITR-V through post to CPC, Bangalore
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 the page with the success message and Transaction ID will appear. Keep the Transaction ID safe 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.