A digital signature is an electronic form of a signature that authenticates the signatory of a document. A Digital Signature Certificate (DSC) is the electronic format of a physical or paper certificate that serves as a proof of identity of an individual. Taxpayers belonging to the below categories should e-verify ITR using a DSC:
- Accounts audited u/s 44AB (Individual, Hindu Undivided Family (HUF), Partnership firm, and Limited Liability Partnership (LLP))
- Political Parties
Steps To e-Verify ITR Using DSC
- Prepare ITR Form
- Navigate to Income Tax Return option
Click on e-File > Income Tax Return
- Enter the appropriate details
Hence, select the appropriate Assessment Year and ITR Form Number from the drop-down list. Therefore, select the “Upload XML” option from the submission mode option. Click on continue.
- DSC option
Additionally, select the DSC option from the given options. Click on continue.
- Consent message
A Pre-fill Consent message pop-up appears. Hence, click on the check-box.
- Complete the process
Finally, attach the ITR XML file and the DSC file to complete the process of filing the return.
ITR can be e-Verified in the following ways:
1. Via Aadhar based OTP
2. Generating EVC via net banking
3. Generating EVC via bank account
4. Generating EVC through your respective bank’s ATM
5. Verifying Tax Returns through Demat Account
6. Sending signed ITR-V/Acknowledgement receipt
The Income Tax Department (ITD) treats the ITRs filed but not verified as invalid. Moreover, if an Individual doesn’t verify his/her ITR, it will be treated as if he/she has not filed the ITR for a particular assessment year. In order to complete the ITR filing process, an individual is required to verify it.
Usually, it takes around 30-45 days to process after ITR e-verification.
Once the e-verification process is completed, you would have to wait for a month for Intimation from the Income Tax Department u/s 143(1). Hence, an email called Intimation 143(1) will be sent out to you once your income tax return gets processed.