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EVC Income Tax Return

evc income tax return

After successfully filing your income tax return, the next step is to verify your ITR. You must verify your income tax return with 120 days of submission of your ITR. The CPC will process your return only after verification. Hence, in case you have a refund of tax to be received, you must verify your return early. Previously this process was tedious, time-consuming, and hassled. Every taxpayer had to get a print of the ITR-V, sign it, and post it to Central Processing Centre CPC, Bangalore. Due to digitalization, the government has taken multiple steps and now you can easily verify your ITR in just a few steps.

You can verify your ITR in the following ways:

  1. EVC income tax return on the Income Tax Department Website
  2. EVC income tax return using Aadhar OTP
  3. Via netbanking of authorized banks

In this article, we have explained the step-by-step process for all three ways of online EVC income tax returns.

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What is an Electronic Verification Code EVC?

Before knowing the ways and steps to e-verify let us first understand what is an Electronic Verification Code EVC. EVC is a 10 digit alphanumeric code. An Electronic Verification Code EVC is unique to each PAN. One EVC code can validate only one return. To file another return or revise the filed return you will have to generate another EVC. If you verify your return using an electronic verification code, you need not post the physical copy of ITR-V to CPC.

EVC income tax return on the Income Tax Department Website

Follow the below-mentioned steps to e-verify your income tax return through the income tax department website

Go to ‘My Account’ and select ‘E-verify Return’

Once you have prevalidated your bank account you will receive the below confirmation.

EVC income tax return using Aadhar OTP

EVC Income Tax Return Through Authorized Bank’s Netbanking

  1. To verify your ITR using net banking you will have to login to your account. 
  2. Visit your bank’s net banking home page and login using your credentials
  3. On the home page post login, you will find a tab related to e-filing income tax
  4. Select the option and click on ‘E-filing Income Tax Return’
  5. Your PAN number will be automatically filled in. Now, select the account number associated with the income tax account. And click on submit
  6. Once you submit this form, you will be redirected to your account on incometaxindiaefiling.gov.in. The netbanking account will remain active in the background. 
  7. Go to ‘My Account’ and click on ‘E-Verify Return’
  8. Click on the link ‘e-verify’ against the return that has been uploaded to your account
  9. Your return will be e-verified and the process will be complete
  10. Once the return is e-verified there is no need to submit ITR-V. No further action is needed from  your end

Failure to E-Verify Income Tax Return

Every taxpayer must verify the ITR within 120 days of filing an income tax return either electronically or by sending a physical copy through the post. An ITR that is filed but not verified is treated as invalid as per the income tax act. This is the same as you have not filed your return for that particular assessment year. You will have to file a belated return due to the invalidity of the original ITR. 

Further, a taxpayer can file a condolation request explaining the reason for no verification of ITR on the income tax website. Section 119(2)(b) of the Income Tax Act allows the income tax department to admit an application or claim for any exemption, deduction, refund, or any other relief after the expiry of the period specified under the Act. Hence, these powers include condoning a delay in filing of ITR in specific cases. 

The following are the scenarios under which the condonation can be granted:

  1. There is a genuine hardship on merits;
  2. A claim is genuine and correct;
  3. Income for which ITR is filed is not assessable in the hands of any other person.

Consequences of Non-filing of Income Tax Return

A failure to verify return would mean no ITR is filed for the relevant assessment year. Further, due to non-filing of an income tax return, the assessing officer may levy the following penalties:

Actual date Of FilingPenalty
The return is filed after the due date of ITR filing but on or before 31st December50000
Any other case10000
If the total taxable income is less than Rs 5 lakh Cannot exceed Rs 1000
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