e-Verify ITR online using Demat Account Option

author portrait

Hiral Vakil

Demat Account
e-Verify ITR
Income Tax Account
ITR-V

Once an Income Tax Return (ITR) is filed, it needs to be verified. You can verify your ITR online or offline. If you are a trader and have a Demat account then you can also e-verify your ITR using the Demat Account. You can e-Verify your return within 120 days from the date of filing a return. You can e-verify ITR using a Demat account or by one of the following ways:

  1. Aadhar OTP,
  2. Net banking,
  3. Bank account
  4. Bank ATM.
Need help with ITR e-Verification?
Let our experts help you with it.
[Rated 4.8 stars by customers like you]
Need help with ITR e-Verification?
Let our experts help you with it.
[Rated 4.8 stars by customers like you]

Steps to e-Verify ITR using Demat Account

  1. Log in to your account

    Go to the Income Tax e-Filing PortalLogin to ITD E-filing portal

  2. Navigate to e-verify return

    Go to My Account > E-Verify Return. It is right next to the Dashboard.ITD e-filing_e-Verify_ITR-V

  3. Click on Option 2

    I do not have an EVC and I would like to generate EVC to e-Verify my return.e-verify-ITR-options

  4. Prevalidate your Demat Account

    You have to pre-validate your Demat account number by giving account details. Details like DP ID, Client ID, Mobile Number, Email.e-verify-demat account-EVC

  5. Generate EVC.

    You’ll get the EVC on the registered mobile number of your Bank account.

  6. Once you’ve entered the EVC, you’ll get a confirmation message with transaction ID

    This means you’ve completed the e-Verification of your Tax Return.

Track Your ITR Status
Check your Income Tax Return Status using the PAN and Acknowledgment number - which is allocated by the Income Tax Department after filing your ITR.
Explore
Track Your ITR Status
Check your Income Tax Return Status using the PAN and Acknowledgment number - which is allocated by the Income Tax Department after filing your ITR.
Explore

FAQs

Is it important to e-Verify the Income Tax Return (ITR)?

Indeed. It is important to e-Verify the return. Unless the ITR is not verified, the return will not be processed by the Income Tax Department (ITD). Furthermore, the return should be e-Verified within 120 days of e-Filing.

What are the benefits of e-Verifying the Income Tax Return (ITR) online?

Taxpayers can verify their return by signing and submitting the ITR-V acknowledgment form to CPC Banglore. This process is lengthy and less effective as it takes a longer time for the Income Tax Department (ITD) to process the return. Hence, it is advisable that the returns be verified online.

Can I e-Verify ITR after 120 days?

No, you can not e-verify ITR after 120 days. However, the IT Department provides relaxation to the above rule sometimes and allow the taxpayer to e-verify all the pending ITRs.

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Close Bitnami banner
    Bitnami