The service to generate the electronic verification code is only applicable to the individuals registered on the e-filing portal. This article explains how to generate EVC on the e-filing portal. This service provides the following functions to the users:
- e-Verify an item (Statutory forms, Income Tax Returns, refund reissue request and response against any notice)
- Login to e-Filing portal
- Reset password
Prerequisites
- Registered user on e-Filing portal as Individual Taxpayer with valid user ID and password
- Validated and EVC enabled bank account in the e-Filing portal (For Bank Account option)
- Validated and EVC enabled demat account in the e-Filing portal (For Demat Account option)
- PAN linked with bank account (For Net banking option)
- Valid debit card (For Bank ATM option)
- Respective bank account should be linked with PAN and same should be registered at e-Filing (For Bank ATM option)
How to Generate EVC?
- Login to the e-filing portal
Visit the e-filing portal and login using the user ID and password.
- Generating EVC
Click on Services > Generate EVC from the dashboard.
- Procedure to Generate the electronic verification code
On Generate EVC page, select PAN / TAN and click Continue.
- Methods to generate the electronic verification code
Here are the following methods:
Net Banking
Bank Account
Demat Account and Bank ATM
- Net Banking
Upon selecting this option, you will be asked to login via net banking. Select the appropriate bank.
- Generate EVC via Net Banking
Sign in to your bank account using net banking and click on the link to log in to the e-Filing portal. On your Dashboard, click Services > Generate EVC
- EVC Generated Successfully
You will receive the generated EVC on your mobile number and e-mail ID registered on the e-Filing portal and success message will be displayed.
- Generating EVC via Bank Account
On the Generate EVC page, select Through Bank Account and click Continue. A success message will be displayed, and you will receive the EVC on your mobile number and email ID verified by the bank.
- Generating EVC via Demat Account
Select the option to generate EVC via Demat account and click on continue and repeat the above mentioned process. Hence, you will receive a success message with your EVC on your mobile number and email ID verified by NSDL / CDSL.
You can also generate an EVC in an offline mode by visiting your nearest ATM, entering your PIN and selecting the “Generate EVC for Income Tax Filing“. You will receive an EVC on your mobile number and email ID registered with the e-filing portal.
FAQs
An Electronic Verification Code (EVC) is a 10 digit alphanumeric code that is sent to the registered mobile number of the tax filer while filing his/her returns online.
EVC is valid for 72 hours.
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.