How to Reset Income Tax Password?

All taxpayers filing Income Tax Returns must have an account on the income tax website. They can login to the account using valid credentials. However, if the taxpayer has forgot password for their income tax account, there is an option to reset the same. Alternatively, the taxpayer can also login to the income tax account using the Aadhaar OTP. They can activate it under the option e-filing vault higher security from their income tax account.

Steps to change income tax e-filing password

  1. Step: 1

    Navigate to the login page on the income tax website

  2. Step: 2

    Enter your User ID (PAN/ AADHAAR/ OTHER USER ID) and click on ‘Continue‘ button.
    If the PAN and Aadhaar of the taxpayer are linked, enter the User ID as PAN or Aadhaar. In all other cases, enter the User ID as PAN.

  3. Step: 3

    Once you enter the login page, click on the ‘Forgot Password?‘ button.

  4. Step: 4

    It will direct you to the Forgot Password page. Further, enter the User ID and click on the ‘Continue‘ button.

  5. Step: 5

    You can reset the password by selecting any one option listed below and enter the mandatory details required:

    1) OTP on mobile number registered with Aadhaar
    2) Upload Digital Signature Certificate
    3) Use e-filing OTP

    Select any one appropriate option and click on ‘Continue‘ button.

  6. Option: 1 – Reset using OTP on mobile number registered with Aadhaar

    Follow these steps to reset using OTP:

    1) Select the option ‘OTP on mobile number registered with Aadhaar’. Click on ‘Continue’.
    2) On the next page, select ‘I already have an OTP on Mobile number registered with Aadhaar’ and enter the OTP. Then, click on ‘Continue’
    3) If you do not have an OTP, select ‘Generate OTP’ and click on ‘Continue’
    4) Verify Your Identity on the next page. Select the declaration box and click on ‘Generate Aadhaar OTP’
    5) Enter the six-digit Aadhaar OTP received on your mobile number registered with Aadhaar and then click on the ‘Verify’ button
    6) Enter a new password in the ‘Set New Password’ and ‘Confirm Password’ textboxes. Finally, click on ‘Submit’.

    Password will be reset successfully.

  7. Option: 2 – Reset using Upload Digital Signature Certificate

    Follow these steps to reset using DSC

    1) Select the option ‘Upload Digital Signature Certificate’. Click on ‘Continue’.
    2) Select the option ‘New DSC’ or ‘Registered DSC’. Click on ‘Continue’.
    3) Download and install the emsigner utility i.e. emBridge from the option below and click on ‘Continue’.
    4) Select the provider, certificate, and provider password. Click on ‘Sign’.
    5) On the next page, enter a new password in the ‘Set New Password’ and ‘Confirm Password’ textboxes and click on ‘Submit’.

    Password will be reset successfully.

  8. Option: 3 – Reset using e-filing OTP

    Follow these steps to reset using e-filing OTP:

    1) Select the option ‘Use e-filing OTP’ and click on ‘Continue’.
    2) Enter the date of birth in the given format and click on ‘Continue’.
    3) You will receive OTP on your mobile number and email ID registered on the income tax portal. Enter both the OTPs and click on ‘Verify’.
    4) Enter a new password in the ‘Set New Password’ and ‘Confirm Password’ textboxes. Click on ‘Submit’.

    Password will be reset successfully.

FAQs

How many times can we reset password?

You can reset the password of your account on the income tax website multiple times using any of the available options.

How to reset the IT portal password if my mobile number is not linked to Aadhaar?

You can reset the password using a valid digital signature or through e-filing otp verification on mobile number and email id registered with the e-filing portal.

I forgot income tax password. How to reset it?

Taxpayer can reset or change income tax e-filing password using any of the following options:
1) Using OTP on mobile number registered with Aadhaar
2) Upload Digital Signature Certificate
3) Using e-filing OTP
Alternatively, the taxpayer can also login to the income tax account using the Aadhaar OTP if they have activated second factor authentication from their account on income tax website.

Tax on IPO : Initial Public Offering

What is an IPO?

An initial public offering (IPO) refers to the process of offering shares of a private company to the public in a new stock issuance. IPOs allow a company to raise capital from public investors. The transition from a private to a public company can be an important time for private investors to fully realize gains from their investment as it typically includes share premiums for current private investors. Meanwhile, it also allows public investors to participate in the offering. A company goes public to raise funds for its growth and expansion and create public awareness about its products and services. The investors must understand the provisions for income tax on IPO.

An investor can apply for an IPO. On the day of listing of the company on the recognised stock exchange, the company initiates IPO allotment. If the investor receives shares under the IPO allotment, income tax would not be applicable. However, when the investor sells these shares, the tax treatment is the same as tax on sale of listed equity shares. Income on the sale of shares received under IPO allotment is treated as Capital Gains. Let us understand the tax treatment in detail.

Tax on IPO

Calculation of Capital Gain Tax on IPO Listing

Income on the sale of securities is treated as Capital Gains under Income Tax. The type of capital gain whether LTCG or STCG and the applicable tax rate depends upon the nature of security and its period of holding. When an investor receives equity shares of a company on its IPO listing, there is no tax applicability. However, when the investor sells these equity shares, capital gains arise and the investor must pay tax at applicable rates on such income.

The period of holding is 12 months in the case of listed securities. Thus, If a taxpayer receives equity shares on IPO allotment and he/she sells them within 12 months, it is a Short Term Capital Gain. Further, if he/she sells them after 12 months, it is a Long Term Capital Gain.

Capital Gain = Sale Price – Issue Price

The tax treatment on the sale of shares received on IPO allotment is the same as the taxation of listed equity shares. Below is the tax treatment:

Capital Gain Period of Holding Tax Rate
Long Term Capital Gain Holding Period > 12 months 10% in excess of INR 1 lac under Section 112A
Short Term Capital Gain Holding Period <= 12 months 15% under Section 111A

Taxpayers holding the status of Resident as per the rules to determine the residential status can take benefit of adjusting the special rate income against the basic exemption limit to reduce taxes. Thus, if your total taxable income is less than the basic exemption limit, you can adjust your special rate income such as STCG u/s 111ALTCG u/s 112A, etc. against the shortfall in the basic exemption limit and pay tax on the remaining income only.

Example of Tax on IPO Listing

Company XYZ announces an IPO. Mr. A receives 100 shares under the IPO allotment in 2022. On the day of listing, the issue price of equity share is INR 1000 and the market price is INR 1600. Let us assume two situations:

Mr. A sells these shares on the same day

Sale of shares within 12 months is a Short Term Capital Gain.
STCG = 100 shares * (1600 – 1000) = INR 60,000
Tax Liability = 15% * 60,000 = INR 9,000

Mr. A sells these shares next year at market price of INR 1400

Sale of shares after 12 months is a Long Term Capital Gain.
LTCG = 100 shares * (1400 – 1000) = INR 40,000
Tax Liability = NIL (Exempt up to INR 1 lac)

Treatment of Loss on IPO Listing

The loss on sale of listed equity shares held for more than 12 months is a Long Term Capital Loss. The loss on sale of listed equity shares held for up to 12 months is a Short Term Capital Loss. As per the income tax rules for set off and carry forward of losses:

  • STCL can be set off against both STCG and LTCG
  • LTCL can be set off against LTCG only
  • The taxpayer can carry forward the remaining loss (STCL & LTCL) for 8 years and set off against future Capital Gains only

Reporting of IPO Listing Gains in ITR

The ITR Form under which the taxpayer needs to report income from capital gains includes ITR-2 and ITR-3. Taxpayer must report income from capital gains on the sale of IPO shares under Schedule CG of the ITR. The taxpayer must report the following details in Schedule CG:

  • Full value of consideration i.e. sales value
  • Deductions under Section 48
    • Cost of acquisition i.e. purchase value
    • Expenditure wholly and exclusively in connection with transfer i.e. transfer expenses
  • Capital Gain i.e. STCG or LTCG on shares is automatically computed

Further, in the case of Long Term Capital Gains on sale of IPO shares, the taxpayer must report the following details under Schedule 112A of the ITR:

  • ISIN i.e. International Securities Identification Number
  • Name of the share or unit
  • Number of shares
  • Sales price per share or unit
  • Cost of Acquisition
  • FMV i.e. Fair Market Value as on 31/01/2018
  • Expenditure related to transfer

FAQs

How much tax do you pay on an IPO?

When the investor receives shares under IPO allotment, there is no tax applicability. However, when the investor sells these shares, it is taxable as capital gains. LTCG on shares sold after 12 months is taxable at 10% in excess of INR 1 lac and STCG on shares sold within 12 months is taxable at 15%.

Are IPO listing gains taxable?

Yes. Gains on sale of shares that investor receives under IPO allotment are taxable as capital gains. LTCG is taxable at 10% in excess of INR 1 lac and STCG is taxable at 15%. Further, the investor can set off the LTCL against LTCG and STCL against both STCG and LTCG. He/she can carry forward the loss for 8 years and set off against future capital gains.

How can I save tax on gains from IPO Listing?

Income on the sale of shares that an investor receives under IPO allotment is taxable as capital gains.
1. STCL i.e. Short Term Capital Loss on sale of any capital asset can be adjusted against STCG and LTCG from the sale of IPO shares
2. If you’re a resident in India and other taxable incomes are less than INR 2.5 lacs, you can adjust the STCG and LTCG on the sale of IPO shares against the basic exemption limit and pay tax on the remaining amount only.
3. LTCG on sale of IPO shares can be saved either by claiming exemption from Section 54 to Section 54GB based on the nature of the capital asset 

Register Company for e-Filing

This pre-login facility is available to all Companies who want to register on and access the e-Filing portal. The Registration service enables the user to access and track all tax-related activities. The prerequisites to register a company is as follows:

  • Valid and Active PAN of the Company
  • PAN of Principal Contact should be registered on the e-Filing portal
  • Digital Signature Certificate (DSC) of Principal Contact registered for the specified PAN

Steps to Register Company on e-Filing Portal

  1. Register Option

    Click on the option to register on the e-Filing portal.

  2. Register as Taxpayer

    Select Register as Taxpayer and enter the PAN of the company. Click Validate. In case the PAN is already registered or invalid, an error message is displayed.

  3. Enter required details

    Fill in all the mandatory details like Name of Organization, DOI, Type of Company and CIN on the Basic Details page and click Continue.

  4. Enter Contact Details

    After PAN is validated, the Principal Contact Details page is displayed. Enter the mandatory details like Primary Mobile Number, Primary email ID and Postal Address of the Principal Contact and click Continue.

  5. Validate OTP

    Two separate OTPs are sent to the primary mobile number and email ID of the Principal Contact as entered in step 4. Enter the two separate 6-digit OTPs received on the mobile number and email ID and click Continue. 

  6. Verify Details

    Edit the details in the Verify Details page if necessary, and click Confirm.

  7. Set Password

    On the Set Password page, enter your desired password in both the Set Password and Confirm Password fields. Provide your personalized message and click Register.

  8. Success Message

    When you are successfully registered, click Proceed to Login to begin the login process.

FAQs

Why do I need to register as Company? 

Registration service helps in creating a user account in the e-Filing Portal. A Company has to be registered in the portal to avail services such as filing of ITR, tax deducted details, refund status, etc. All tax related activities can be tracked through the e-Filing Portal only after registration.

What are the prerequisites for registering as a Company? 

A valid and active PAN of the company and registered DSC of Principal Contact are required to register as a Company in the e-Filing Portal. The PAN of the Principal Contact should be registered on the e-Filing portal.

Who is a Principal Contact?

Principal Contact is the individual who acts as the main representative of the Company. An individual who has a signing authority and the capacity to bind the Company is designated as the Principal Contact. The Principal Contact will receive all communications (including notices/orders) from the Income tax Department with respect to the company. The Principal Contact must register in the e-Filing Portal with Name, Address, Phone Number and other details.

Register Tax Deductor and Collector on IT Portal

The pre-login service is available to all tax deductors or collectors who want to register on the e-Filing portal. The registration service enables the user to access and track all tax-related activities. The only prerequisite for this service to register a deductor or collector is to have a valid and active TAN and PAN of the principal contact should be registered on the e-Filing portal.

Steps to Register Deductor or Collector on e-Filing portal

  1. Visit e-Filing portal

    Click on the option to register.

  2. Tax Deductor and Collector

    Click Others and select the Category as Tax Deductor and Collector.

  3. Validate TAN

    Enter the TAN of the Organization and click Validate.

  4. TAN available in database

    If the TAN is available in the database, registered with TRACES and the registration request is not raised already and pending for approval:
    a. Click Continue to view the Basic Details page
    b. The basic details are pre-filled. Click Continue

  5. TAN available in the database but not registered on TRACES

    If the TAN is available in the database, but not registered with TRACES and registration request is not raised already and pending for approval:
    a. Click Continue to view the TRACES page
    b. Click Register with e-Filing on TRACES to view the Basic Details page
    c. Enter the basic details as required and click Continue

  6. Enter required details

    Fill in the details of the person making payments or collecting tax and click Continue.

  7. Contact Details

    Provide the contact details including Primary Mobile Number, email ID and Postal Address. Click Continue.

  8. Validate OTP

    Two separate OTPs are sent to your primary mobile number and email ID. Enter the separate 6-digit OTPs received on your mobile number and email ID and click Continue. 

  9. Review Details

    On the Verify Details page, review the details provided and edit the details if necessary. Click Confirm.

  10. Set Password

    On the Set Password page, enter your desired password in both the Set Password and Confirm Password textboxes, set your personalized message, and click Register.

  11. Success Message

    A success message is displayed along with the transaction ID. Please keep a note of the Transaction ID for future reference. The registration process is complete upon receiving approval from the competent authority.

FAQs

Should I be registered with TRACES before registering on the e-Filing portal?

Yes, you must first be registered on the TRACES portal before you can register as a Tax Deductor and Collector on the e-Filing portal.

Why should I register as a tax deductor / collector on the e-Filing Portal?

The e-Filing Portal offers various services and functionalities for registered users. TDS / TCS returns can be submitted online by the Tax Deductors and Collectors only after registering on the e-Filing Portal.

Generate Static Password on New IT Portal

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

  1. Visit the IT portal

    Login using valid credentials.

  2. My Profile

    Click on the My Profile option from the top right corner of the page.

  3. Static Password Option

    Click on the Static Password Option presented on the left column.

  4. 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.

  5. 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

Can I generate static passwords multiple times, or is it a one-time activity?

Yes, you can generate static passwords multiple times, but only after expiration (after 30 days from generation) or consumption of all 10 static passwords.

I already have an e-Filing password. Why do I need a static password?

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.

How do I know if a particular static password has been used earlier?

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.

File Form 15CA and 15CB

What is Form 15CA and 15CB?

As per the Income Tax Act, any payment made by a resident to a non-resident needs to be reported. Such taxpayer needs to file Form 15CA and Form 15CB. These forms include details such as the nature of payment, tax deducted (TDS) on such payment, and applicable provisions of DTAA (Double Taxation Avoidance Agreement).

The Income Tax Department on Monday extended permission for submitting form 15CA/15CB manually with authorised dealer for the purpose of foreign remittance till July 15 against June 30, earlier
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The Income Tax Department on Monday extended permission for submitting form 15CA/15CB manually with authorised dealer for the purpose of foreign remittance till July 15 against June 30, earlier

Form 15CA

It is a declaration wherein the person making payment to non-resident states that he has deducted the tax from any payments so made to the non-resident.

Form 15CB

It is the certificate issued by a Chartered Accountant certifying that the provisions of the Double Taxation Avoidance Agreement – DTAA and the Income Tax Act have been complied with in respect of tax deductions while making the payments. Here are the following details it includes:

  • Details and nature of payment made to a Non Resident
  • Compliance with Section 195 of the Income Tax Act
  • Rate of TDS deducted
  • Applicability of the Double Taxation Avoidance Agreement

Revised Rules for Submission of Form 15CA and 15CB

The income tax department has revised the rules relating to preparation & submission of Form 15CA and Form 15CB. The revised rules became effective from 1st April 2016.

  • Form 15CA and 15CB which does not require RBI approval will be not be required to be furnished by an individual for remittance.
  • List of payments of specified nature mentioned in Rule 37BB, which do not require submission of Forms 15CA and 15CB, has been expanded from 28 to 33 including payments for imports
  • Form No. 15CB will only be required for payments made to non-residents, which are taxable and if the payment exceeds INR 5 lakhs

Applicability of Form 15CA or 15CB

  • If the amount of remittance is not chargeable to tax, then no forms are required
  • If the remittance is covered under a specified exemption list, then only Part D of the Form 15CA is to be submitted
  • Where remittance is less than INR 5 lakh in a particular financial year – Only Form 15CA – Part A to be submitted
  • When remittance exceeds INR 5 lakh – Form 15CA – Part C and Form 15CB to be submitted
  • Where remittance exceeds INR 5 lakhs and a certificate under Section 195(2)/195 (3)/197 of the Income Tax has been obtained – Form 15CA – Part B to be submitted

How to File Form 15CA and 15CB?

  1. Login to the e-Filing portal

    Login to the e-Filing portal using valid credentials.

  2. File Income Tax Forms

    Click on e-File > Income Tax Forms > File Income Tax Forms

  3. Search Form 15CA or 15CB

    On the File Income Tax Forms page, select the Form 15CA or 15CB. Alternatively, enter Form 15CA or 15CB in the search box to file the form.

  4. Enter the required details

    Click on the get started on the next page. You will be redirected to the particular form you had chosen. Enter the details.

  5. e-Verify the Form

    After entering all the details, scroll down and click on the option to e-verify.

  6. Successful verification

    After successful e-Verification, a success message is displayed along with a Transaction ID and Acknowledgement Number.

FAQs

Who can use Form 15CB?

Form 15CB is accessed and submitted by a Chartered Accountant who is registered on the e-Filing portal. The CA must be assigned Form 15CA by the taxpayer in order to be able to certify the details in Form 15CB.

Is it mandatory to file Form 15CB before filing Form 15CA (Part C)?

Upload of Form 15CB is mandatory prior to filling Part C of Form 15CA. To prefill the details in Part C of form 15CA, the Acknowledgement Number of e-Verified Form 15CB should be verified.

Who is required to file Form 15CA?

As per Rule 37BB, any person responsible for paying to a Non-Resident, not being a Company, or to a Foreign Company shall furnish such information in Form 15CA.

Section 206AB and 206CCA of Income Tax Act

Section 206AB and 206CCA are the latest addition to the Income Tax Act. The introduction of the new section is for the deduction and collection of tax at source at higher rates if an amount is paid or payable to the specified person who did not file the income tax return. The new section will be applicable from 1st day of July 2021.

What is Section 206AB and 206CCA?

Section 206AB deals with the deduction of TDS at the higher rate to those who have not filed their income tax return. Whereas, Section 206CCA deals with the collection of tax at source at a higher rate received from the buyers.

Tax Compliance APIs
Let’s break down the new section 206AB and 206CCA & visualize it with a logical framework
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Tax Compliance APIs
Let’s break down the new section 206AB and 206CCA & visualize it with a logical framework
View Blog

Rates for Deduction or Collection of Tax under section 206AB and 206CCA

TDS

Tax will be deducted at the higher of the following rates:

  • at twice the rate specified in the relevant provision of the Act; or
  • at twice the rate or rates in force; or
  • at the rate of 5%

TCS

Tax will be collected at the higher of the following rates:

  • at twice the rate specified in the relevant provision of the Act; or
  • at the rate of 5%
TDS Calculator
TDS (Tax Deducted at Source) is a part of Income Tax. TDS should be dedcuted by a person for specific payments made.
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TDS Calculator
TDS (Tax Deducted at Source) is a part of Income Tax. TDS should be dedcuted by a person for specific payments made.
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Applicability of Section 206AB and 206CCA

The section 206AB and 206CCA are not applicable to a non-resident who does not have a permanent establishment in India. Furthermore, provisions of section 206AB do not apply to any sum or income or amount paid or payable or credited on which tax is otherwise deducted at source under below-mentioned provision of Chapter XVIIB:

  • Section 192 – Salary
  • Section 192A – Premature withdrawal of EPF
  • Winnings from any lottery or card games or crosswords or puzzles – Section 194B
  • Winnings from any horse race – Section 194BB
  • Section 194LBC – Income in respect of investment in securitisation trust
  • Section 194N – Payments of certain amount/amounts in cash

The section 206AB and 206CCA are applicable to specified persons:

  • Person has not filed their Income Tax Return for two previous years immediately preceding the previous year in which tax is required to be deducted/collected
  • The time limit for filing such return of income u/s 139(1) has expired
  • Aggregate of tax deducted/collected at source in each of these two financial years is INR 50,000/- or more

FAQs

Does section 206AA override DTAA?

The DTAA provides for a rate of 10% whereas as per the provisions of Section 206AA of the Act, the rate of tax deduction at source is 20%. The plea of the revenue was that section 206AA starts with a non-obstante clause and therefore it overrides all other provisions of the Act including 90(2), 115A and 139A.

What is Section 206AA?

Section 206AA requires every taxpayer who receives taxable income to furnish their PAN to the payer of such income. This applies to both the resident as well as non-resident recipients.

Know Your TAN Details

The Know Your TAN Details service can be used by e-Filing users (both registered and unregistered). You do not have to log in to the e-Filing portal to use this service. This service allows you to view the TAN Details (Basic details and AO details) of a tax deductor and collector for a TAN. You can view the details by entering either the deductor name or the deductor TAN.

Prerequisites

Following are the details that you require in order to acquire the services of this tool:

  • Valid mobile number
  • Deductor of TAN or Deductor name
  • State of Deductor

Steps to Know Your TAN Details

  1. Know Your TAN Details Option

    Visit the e-filing portal and scroll down and click on the option of “Know TAN Details”

  2. Enter required details

    On the Know TAN Details page, in case you do not know the TAN of deductor, select the Name option as the search criteria. Select the Category and State of deductor; enter the Name of Deductor, and a valid Mobile Number accessible to you.

  3. Validate OTP

    After clicking on continue, you will receive a 6 digit OTP. Complete the validation process on the verification page.

  4. List of Deductors

    In case you had entered the name of the deductor on the “Enter TAN Details” page, you will see a list of all records that match the name. Click the required Name of Deductor from the TAN Details table, and you will be able to view the deductor’s individual TAN Details.

  5. TAN details

    In case you had entered the deductor TAN on the “Enter TAN Details” page, you will see the matching record.

FAQs

Who needs to obtain TAN?

TAN must be obtained by all persons responsible for deducting tax at source or who are required to collect tax at source. It is compulsory to quote TAN in TDS/TCS return, any TDS/TCS payment challan, TDS/TCS certificates and other documents as may be prescribed in communications with the ITD. However, a person required to deduct TDS as per Section 194IA or Section 194IB or Section 194M, can quote PAN in place of TAN.

Is it mandatory for government deductors to apply for TAN? 

Yes.

Is a separate TAN required to be obtained for the purpose of Tax Collection at Source?

In case a TAN has already been allotted, no separate application needs to be made for obtaining TAN. The same number can be quoted in all returns, challans and certificates for TCS.

Authenticate Notice Issued by ITD

The Authenticate Notice/Order issued by Income Tax Department service is available to both registered and unregistered users of the e-Filing portal as a pre-login service to verify the authenticity of a notice, order, summons, letter or any correspondence issued by Income Tax Authorities.

Process to Authenticate Notice/Order Issued by ITD

  1. Visit the e-Filing portal

    Go to the e-Filing portal and scroll down and click on Authenticate Notice / Order issued by ITD.

  2. Select from the options provided to authenticate the notice/order

    Following are the options provided:
    PAN, Document type, Assessment Year, Date of Issue and Mobile Number
    – Document Identification Number and Mobile Number

  3. Selecting the first option

    Select PAN, Document type, Assessment Year, Date of Issue and Mobile Number.

  4. Enter the required details

    Next, enter the details in the PAN, select the document type and assessment year, enter mobile number and date of issuance and click on continue.

  5. Enter OTP

    Enter the OTP received after the completion of step 2.

  6. Validation of OTP

    Once the OTP is validated, the document number of the notice issued along with the date of issue of the notice will be displayed.
    * In case  no notice was issued by ITD, it will display a message – No record found for the given criteria

  7. Selecting the Second Option

    Select Document Identification Number and Mobile Number.

  8. Enter the required details

    Next, enter the document identification number and mobile number and click on continue.

  9. Enter OTP

    Finally, enter the OTP received after the completion of step 2.

  10. Success Message

    You will receive the following message after the completion of the procedure.

FAQs

Why do I need to authenticate notice/order issued to me by Income Tax Authorities?

Every communication by ITD issued on or after 1st October, 2019 shall bear a unique Document Identification Number (DIN). In order to satisfy yourself that the notice/order or any communication received by you is genuine and issued by Income Tax Authority, you can authenticate any notice/order or any communication using this service.

What if the ITD notice/order does not bear a DIN?

In such case, the notice/order/letter received by you would be treated as invalid and shall be non est in law or deemed to be as if it has never been issued. You do not need to take any action or respond to such communication.

Do I need to enter the same mobile number as registered on the e-Filing portal to authenticate my notice?

No, it is not mandatory to enter the mobile number registered on the e-filing portal to authenticate the notice/letter or any communication issued by Income Tax Department. You may choose to receive OTP on any mobile number which is accessible to you by entering it in the ‘mobile number’ field.

How to Generate EVC on the e-Filing Portal?

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:

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?

  1. Login to the e-filing portal

    Visit the e-filing portal and login using the user ID and password.

  2. Generating EVC

    Click on Services > Generate EVC from the dashboard.

  3. Procedure to Generate the electronic verification code

    On Generate EVC page, select PAN / TAN and click Continue.

  4. Methods to generate the electronic verification code

    Here are the following methods:
    Net Banking
    Bank Account
    Demat Account and Bank ATM

  5. Net Banking

    Upon selecting this option, you will be asked to login via net banking. Select the appropriate bank.

  6. 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

  7. 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.

  8. 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.

  9. 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

What is an EVC?

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.

How long is the EVC valid for?

EVC is valid for 72 hours.