E-verification methods for your tax returns

The Income Tax Department messaging you can be a worrisome thing, right? A single SMS and you suddenly have visions of IT officers breaking down your doors but relax, it really isn’t that bad. A communication like this only means that you need to verify the details for your income tax returns so that the IT department can process your returns and refund any amount due to you.

The SMS you get from the IT dept. would look something like this:

“Your ITR verification for PAN: ABCXXXXX1D AY:YYYY is pending. Submit ITR V immediately. Else your return would be treated as invalid.”

So how do you go about the verification process?

You can verify your ITR details online through three separate methods:

  1. E-verification using Net Banking

We at ClearTax recommend that you use the net banking method to verify ITR. This is because it is the easiest and fastest way to do so and you do not need to send a physical ITR-V after you’re done verifying.

For a detailed run through of the steps to verify returns using net banking, check here.

  1. E-verification using Aadhar Card

If you have an Aadhar card, you can use it to verify your tax returns as well. For this, you will need to generate an OTP via the IT dept.’s website and use this for verification. Make sure you download the acknowledgement document you receive after the process is complete.

For more on verification using Aadhar card, check here.

  1. E-verification using EVC

The EVC or Electronic Verification Number is an alphanumeric code that is generated through an e-filing portal. It is valid for 72 hours post generation, and you can receive the code on your mobile and email. Once the EVC process is complete, do keep a printout of the system generated message.

For more information on the EVC process, check here.

When to resort to physical verification methods

All of the above are bona fide methods of return verification, but sometimes they may fail due to various reasons. In such cases, it is always safer to send in your ITR-V to your nearest CPC. It takes around three days for a speed post to reach its destination, so be careful of the timelines when sending in your physical papers. Remember, you cannot courier the ITR-V.

For more details on printing and sending an ITR-V, please check here.

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