The Generate Static Password service is one of the various options available for two-factor authentication (an additional security layer to your e-Filing password) for logging in to the e-Filing portal. Static password is useful if you do not have good mobile network connectivity to receive OTP. This service is available to all registered users on the e-Filing portal (post login). The only requirement for this service is that the taxpayer should have be a registered user on the e-Filing portal with valid user ID and password.
Features of Static Password
- You will receive 10 system-generated static passwords on your email ID registered with e-Filing
- You can use any one at a time for login. However, the same static password cannot be reused
- The static passwords sent to you will be active for 30 days from the date of generation
- You can generate static passwords again after you have used up all 10 passwords, or after 30 days are over (whichever comes first)
Steps to Generate Static Password
- Visit the IT portal
Login using valid credentials.
- My Profile
Click on the My Profile option from the top right corner of the page.
- Static Password Option
Click on the Static Password Option presented on the left column.
- Generate Static Password
A list of instructions about static password and where it can be used appear on the Static Password page. Read the instructions carefully and click Generate Static Password.
- Success Message
A success message is displayed on successful generation of your static password.
If you have unused static passwords, there will be a message specifying how many passwords you have, and the number of days before they expire (out of 30). To get a list of your unused static passwords on your email ID registered on the e-Filing portal, click Resend Static Password.
FAQs
Yes, you can generate static passwords multiple times, but only after expiration (after 30 days from generation) or consumption of all 10 static passwords.
For enhanced security, logging in to the e-Filing portal involves two-factor authentication. Two-factor authentication is a method with an additional security layer (in addition to username and password). Static password is one of the two-factor authentication methods after entering your e-Filing user ID and password.
You can manually keep track of the passwords you have used, or go to your Dashboard > Static Password tab > Click Resend Static Password. You will receive an email with the list of unused static passwords on your e-Filing registered email ID.
I have been trying to explore the portal but I am not able to login to the portal, any idea what is going on?
Hi @Dia_malhotra
ITD have launched the portal yesterday night. Due to heavy traffic some of the features are not working properly. It will be resumed soon.
Stay tuned with us. Will update you with every feature new portal has!
In the meantime, you can check out all the features in the below post
https://twitter.com/HowToQuicko/status/1402125952138629123?s=20
Why I’m not able to file my ITR-3?
Hi @Niral_Koradia, this can help
Hi, @Nireka Thank you for your response. Is there any place where it announces whether it has been completed or not? I’m wondering about the last date of the filing.
@Niral_Koradia, we are expecting it around mid-August. The last date of filing ITR when Tax Audit is not Applicable for AY 2021-22 is 30th September 2021.
You can follow us on Twitter to get updates about new releases and ITR filing
https://twitter.com/HowToQuicko
HI @Nireka Hope you are doing well ! Do you happen to know the status for enabling E-Filling ? Is it still pending from ITD side or from quicko’s technical side ?
Hey @Niral_Koradia, the ITD has published the schemas for Income Tax Return and you will be able to prepare the ITR on Quicko. However, we are still awaiting APIs that are required to enable ITR filing from ITD. ITR filing will be soon enabled on Quicko.
Stay tuned for all the exciting product feature updates next week!
Hi @Abin_Babu, Yes ITR filing is now live on Quicko.
Hello, I have withdrawn my EPF & EPS completely in July this year. I had not completed 5 years service and hence some amount is taxable. I need help in understanding how this should be reported when I file ITR next year.
Here’s what I have already figured out -
A - Employee’s contribution - Not taxable, should be reported under exempted income under section 10(11)
B - Interest on employee’s contribution - Taxed as income from other sources
C - Employer’s contribution - Taxable as profits in lieu of salary under section 17(3)
D - Interest on employer’s contribution - Taxable as profits in lieu of salary under section 17(3)
E - I have claimed EPF for deduction under section 80C in past. Since I didn’t complete 5 years of service, this amount is now taxable as income in current year.
What I can’t figure out -
1 - Whether EPS (pension) is taxable, and under which section it should be reported
2 - With reference to point E above, under which section should I report this amount as income?
3 - With reference to point E above, let’s say in one of the previous years the deductions claimed under 80C were: 1.5 lakh PPF, 25k insurance premium, 28k EPF. In this case my 1.5 lakh investment limit under 80C is being exhausted by investments without taking EPF into consideration. Do I still need to report 28k EPF as salary income this year?
Thank you in advance for any helpful insight.