
It’s not enough to simply file your income tax return. Until you validate it, the process is not finished. The Income-Tax Department has said unequivocally that an ITR will be deemed invalid if it is not e-verified within 30 days after filing.
Additionally, this can cause any anticipated refunds to be delayed.
E-VERIFICATION’S IMPORTANCE
When you file your return online, the system needs proof that you are the one who really filed it. This process, called e-verification, guarantees that the return is formally documented and acts as a precaution against fraud.
Even if you have accurately supplied all the information, your ITR will be deemed incomplete if you skip this step.
A GUIDE TO E-VERIFYING
There are several ways to finish this process on the income tax portal. Aadhaar OTP, net banking, or an electronic verification code (EVC) connected to your pre-validated bank or demat account can all be used to log in and confirm.
An immediate acknowledgement is produced upon verification, attesting to the completeness of your filing.
CHOICES OUTSIDE THE PORTAL
Offline methods are still preferred by certain taxpayers. In these situations, you can use the ATM at your bank to confirm or mail a signed copy of the ITR-V form to the Centralized Processing Center (CPC) in Bengaluru via speed mail.
The form’s eligibility for the 30-day window depends on the date it is received at CPC.
RESULTS OF MISSING THE DEADLINE
The return will either be deemed invalid or filed on the day you ultimately validate it if you don’t do so within the allotted period. This implies that you might have to deal with the penalties, interest, and loss of some advantages associated with late filing.
More significantly, until verification is finished, your refund will not be processed.
CAN YOU GET IT DONE BY SOMEONE ELSE?
Yes, an authorized signatory or representative may also finish the e-verification if they are permitted to act on your behalf.
They have the option of using net banking, Aadhaar OTP, or EVC produced by a connected bank or demat account.
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