An option of filing income tax returns through paper mode is only available to:
Want to know more on Tax Planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.
Filing income tax returns are deemed to be complete, only if the taxpayer verifies it. In fact, verification of returns is mandatory for the Centralized Processing Centre (CPC) of the Income Tax Department to accept and process the returns.
You can verify your income tax returns in the following ways:
Prior to e-filing and e-verification of income tax returns, it was mandatory to send a signed physical copy of the ITR acknowledgement (ITR-V), to CPC Bengaluru, for processing. Now that the IT Department is promoting EVC to verify ITR, you need not send a signed physical copy of the ITR-V to the CPC.
An Electronic Verification Code (EVC) is a 10-digit Unique Alphanumeric Code, which confirms the identity of the taxpayer. A person furnishing an ITR can generate the Electronic Verification Code, through the Income-tax e-filing portal using various methods.
Also See: ITR Form-1
Important points to keep in mind:
1. How to generate EVC through Net Banking?
You can use this only if your bank offers a net-banking facility. Currently, 35 Nationalized Banks provide e-filing login facility to customers.
2. How to generate EVC through Bank Account Number?
Only some specified banks offer this option.
3. How to generate EVC using Demat Account Number?
4. How to generate EVC through a Bank ATM?
Only some banks offer this facility. Your PAN must be linked with your Bank Account to avail it.
Be Wise, Get Rich.
The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.
Subscribe to our Youtube Channel
Hello friend! I am your personal financial advisor. By the end of this interactive session, I will help you to plan yours and your family's finances to ensure a better future.