Know important facts and how to verify ITR through net banking

If you have still not done your Income tax returns (ITR) filing for the financial year 2019-20 (April-March), then do so now as last date is looming. ITR filing last date is December 31. After this, if you file your ITR, there could be a penalty slapped on you. However, there is another important thing you have to look out for and we explain how to do ITR verification. 

Fortunately, ITR filing and ITR verification is very much possible online. You can do ITR verification through net banking.  

ITR verification through net banking :-

You should know that ITR filing process is not complete until you finally verify it. Otherwise, ITR will not be counted as having been filed. So, while doing your ITR filing online, make sure you complete the entire process, including verification.  

Last step of ITR verification Online 

The new taxpayers should especially keep this important detail in mind. The last step of ITR filing online is not the submission but the verification. Don’t know how to verify it? See here how you should do your ITR verification through net banking. 

ITR Verification Online Process 

While there are many ways to complete your ITR verification after you have filed your returns, doing it through net banking is a great option provided by Income Tax department. Know here, how to do it. See how to verify your ITR filing through net banking.  

ITR Verification process through Net Banking 

One of the ways to do your ITR verification online is Net Banking. All you have to do is to go to the official website and select the net banking option. Now using your Login ID and Password, log into your account. You will find an ‘E-Verification’ tab under the Tax tab.    

Step by step ITR Verification process through Net Banking  

Generate an EVC (Electronic Verification Code) by clicking on ‘My Account’ of Income-Tax Department. After clicking on this, you will receive a 10-digit code on your registered mobile number. This code is valid up to 72 hours.   

Now, to verify your ITR return, go to the My Account option and put the EVC code. Your ITR return will be verified after Submitting the code.  

This means your ITR verification through net banking has been successful.

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Author: Sham