A taxpayer needs to e-verify ITR (Income Tax Return) in order to complete the return filing process. You can e-Verify your return within 120 days from the date of filing a return.
You can e-verify ITR using net banking or in these following ways:
Steps to e-Verify ITR using Net Banking Option
- Login to your Net banking account
Here is the list of Banks that offer e-Verification via Net Banking.
- Navigate to the page mentioning E-Verification option under Taxes
For Example: In SBI Online platform, once you have logged in, look for “e-Tax” in the top menu. Navigate e-Tax > More > Login to e-Filing/E-Verify.
- You will be redirected to the Income Tax e-Filing Website
Go to My Account > E-Verify Return
- Click on “e-Verify“
A pop up will be displayed asking for your confirmation.
- Click on “Continue“
ITR will be e-verified.
- Download the acknowledgement attachment
Your return is now successfully e-verified.
If you face an issue while e-verifying your return using net banking then you can e-verify using Aadhaar OTP option. And if you do not wish to e-verify your return then you can send a signed copy of ITR-V to CPC Banglore.
Following are our Bank vise guide for e-Verification through net banking:
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.
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.
Taxpayers can verify ITR by signing and submitting the ITR-V acknowledgment form to CPC Banglore. This process is lengthy and less effective. And 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.