Filing taxes comes with a long checklist, and in this thread, we’re talking about that one step that decides whether your return is actually processed by the income tax department or not.
What is e-verification?
E-verification is like a digital signature for your ITR. It’s the final step in the filing process, confirming that you’ve submitted the return, approve all the details, and want the Income Tax Department to process it.
Once filed, you need to e-verify the return within 30 days. If you skip this, your return will be considered invalid, and you’ll have to file again. And by that time, if the due date for filing ITR has already passed, you’ll end up paying late filing penalty.
How to e-verify your ITR?
E-verification is simple, and you have a few options to choose from:
- Aadhaar OTP
- EVC via your pre-validated bank account
- EVC via your pre-validated demat account
- EVC through ATM
- Net Banking
- Digital signature certificate
Of all these options, e-verifying with the Aadhaar OTP is the quickest, hardly takes a minute!
How do you know your e-verification is complete?
After you e-verify your ITR, a success message will appear with a Transaction ID on your screen.
You’ll also receive a confirmation email on your registered email ID, as a proof that your return is officially filed.