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ITR Filing FY2024-25: 5 Things You Must Know Before e-Verifying Your Returns
ITR Filing FY2024-25: 5 Things You Must Know Before e-Verifying Your Returns

News18

time4 days ago

  • Business
  • News18

ITR Filing FY2024-25: 5 Things You Must Know Before e-Verifying Your Returns

Last Updated: New taxpayers often forget to verify their ITR after filing. The tax department allows e-verification via Aadhaar OTP, net banking, EVC, ATM, or DSC. ITR Filing FY2024-25: New taxpayers usually make the mistake of believing that filing the ITR is the end of the process. They often forget the next and most important step in the ITR filing process – verifying the income tax return. Beware. Your ITR filing will be treated invalid unless you verify it within a time limit. The tax department now allows taxpayers to do e-verification of ITR. How To e-Verify Your ITR You can e-Verify your Income Tax Return (ITR) through any of these methods: 1. Aadhaar OTP Get an OTP on your Aadhaar-linked mobile number and complete the process instantly. 2. Net Banking Log in to your bank's net banking portal, go to the income tax section, and select e-Verify. 3. EVC via Bank Account / Demat Account Generate an Electronic Verification Code (EVC) from your pre-validated bank or demat account. 4. ATM-Based EVC (Offline) Some banks allow generation of EVC through their ATMs. You can use this to e-Verify later. 5. Digital Signature Certificate (DSC) Used mostly by professionals and companies, this is a valid method if you've already registered your DSC on the portal. If you haven't verified your return within 30 days of filing (new rule from Aug 1, 2022), your return becomes invalid. You'll need to: Can Someone Else Verify On Your Behalf? Yes. An Authorized Signatory or Representative Assessee can e-Verify on your behalf using: How Will You Know It's Verified? 5 Things You Must Know Before e-Verifying New 30-Day Deadline: You now have only 30 days from the date of filing to verify your return (for ITRs filed after 1 Aug 2022). No Aadhaar OTP Without Linked Mobile: Your mobile number must be linked to Aadhaar to use this method. Bank/Demat Account Must Be Active: Inactive or unvalidated accounts cannot be used to generate EVC. Avoid Penalties by Verifying in Time: Failure to verify on time means your return is treated as not filed, and you may face penalties. No Need to Post ITR-V if You e-Verify: Once e-Verified, you don't need to send the signed physical copy to CPC Bangalore. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

E-verification of ITR: Here is how to complete your tax filing process
E-verification of ITR: Here is how to complete your tax filing process

Business Standard

time4 days ago

  • Business
  • Business Standard

E-verification of ITR: Here is how to complete your tax filing process

Filing your Income Tax Return (ITR) is only half the job done. To complete the process, you must verify your return within 30 days of filing. The Central Board of Direct Taxes (CBDT) offers various electronic methods to e-verify your ITR. Here's a guide for taxpayers to ensure they do not miss this crucial step. Why e-verification is important According to CBDT guidelines, failing to verify your ITR within the deadline renders it invalid. This means your return will not be processed, and it will be considered as if you never filed it. To avoid penalties or loss of refunds, it is essential to verify promptly. Ways to e-verify your ITR The Income Tax Department offers several convenient online options: Aadhaar OTP: Link your Aadhaar to PAN and generate a one-time password (OTP) sent to your registered mobile. Net banking: Log in to your bank account through net banking and select the 'e-verify' option on the e-filing portal. Demat account EVC: For investors, the EVC can also be generated via your demat account. Step-by-step guide to e-verify Here's how you can e-verify using Aadhaar OTP: -Log in to the Income Tax e-filing portal ( -Go to 'e-File' > 'Income Tax Returns' > 'e-Verify Return'. -Select 'I would like to e-verify using OTP on mobile number registered with Aadhaar'. -Enter the OTP received on your registered mobile. -Submit and you will see a success message. -Net banking Here's how you can verify through your bank account: -On the e-Verify page of the Income Tax portal, select 'Through Net Banking' and click Continue. -Choose your bank from the list and click Continue. -You will be redirected to your bank's Net Banking login page. Log in using your credentials. -Look for the link to log in to the Income Tax e-Filing portal from your bank's site and click it. -You will be logged out of Net Banking and automatically logged in to the e-Filing portal. -On the e-Filing dashboard, navigate to your ITR/Form and click e-Verify. -A success message will appear with a Transaction ID. Save this ID for future reference. A confirmation will also be sent to your registered email and mobile number. For other methods, the steps are similar but involve selecting the relevant option and authenticating via your bank or demat account.

No Aadhaar, no Tatkal: Railways make OTP verification mandatory for online ticket booking; Here's what you must do
No Aadhaar, no Tatkal: Railways make OTP verification mandatory for online ticket booking; Here's what you must do

Time of India

time5 days ago

  • Time of India

No Aadhaar, no Tatkal: Railways make OTP verification mandatory for online ticket booking; Here's what you must do

No Verification, No Ticket IRCTC's official website Mobile app Indian Railways PRS counters Live Events What Passengers Must Do Carry a mobile phone with a SIM card linked to their Aadhaar number Make sure their IRCTC profile is linked to Aadhaar to avoid last-minute problems No Bulk Bookings in the First 30 Minutes From 10:00 am to 10:30 am for AC classes From 11:00 am to 11:30 am for non-AC classes Railways Urge Passengers to Update Aadhaar Details (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel If you're planning to book a Tatkal train ticket online, make sure your Aadhaar is ready. From 15 July, Aadhaar OTP (one-time password) verification has been made mandatory for all online Tatkal ticket bookings, according to railway Divisional Commercial Manager, Jammu Division, Northern Railway, Uchit Singhal announced that from July 15 onwards, Aadhaar OTP verification became mandatory for online Tatkal booking.'Passengers will not be able to get Tatkal tickets without verifying their identity through an OTP sent to their mobile,' said tickets can still be booked through:However, only after OTP authentication will the booking be must now:Even authorised agents will be able to book tickets only after OTP authentication, Singhal stop misuse, bulk booking won't be allowed during the first 30 minutes of Tatkal bookings:During this time, IRCTC agents and other authorised ticketing agents will be restricted from railway administration has requested all passengers to link their Aadhaar with their booking profile as soon as possible to avoid any next time you rush to book a last-minute train, make sure your Aadhaar and mobile number are ready, or you might miss the train!Inputs from PTI

IRCTC changes from today: Check these 2 changes from July 15, 2025 for train travelers
IRCTC changes from today: Check these 2 changes from July 15, 2025 for train travelers

Time of India

time6 days ago

  • Time of India

IRCTC changes from today: Check these 2 changes from July 15, 2025 for train travelers

Aadhaar-based OTP authentication for tatkal train ticket booking Mandatory Aadhaar OTP verification at counters and through agents Aadhaar authentication mandatory to book tatkal train tickets How to Aadhaar authenticate your user profile on IRCTC? Higher train fares services from July 1, 2025 Reservation chart to be prepared 8 hours before departure The Indian Railways has made Aadhaar-based OTP authentication mandatory for all Tatkal ticket bookings. The new rule aims to curb misuse of Tatkal train ticket bookings and enhance ease of booking for general passengers from today, i.e., July 15, 2025. Whether you are booking train tickets online via IRCTC or offline via Passenger Reservation System (PRS) counters and authorised agents, Aadhaar OTP verification will now be an essential step in the OTP authentication will become mandatory for Tatkal bookings made online from today. A passenger booking tatkal ticket will need to enter a One-Time Password (OTP) sent to the mobile number linked with their Aadhaar during the booking read: IRCTC's new tatkal rules you must know before your next confirmed train ticket booking: Know all FAQ's Tatkal tickets can be booked one day prior to the train's departure date, excluding the journey date. Tatkal train tickets for AC classes such as 1A, 2A, 3A, CC, EC) can be booked from 10:00 AM on the day before the journey. For non-AC classes (like Sleeper and Second Sitting), tatkal bookings open at 11:00 AM on the same if you are booking tatkal train ticket offline by visiting ticket counters or via authorised agent, even then Aadhaar OTP is mandatory for booking tatkal tickets.A tatkal tickets booked at computerised PRS counters and through authorised railway agents will require an extra layer of verification through Aadhaar OTP authentication from July 15, 2025. Passengers will have to provide their Aadhaar number and registered mobile number at the time of booking. Once the Aadhaar OTP is successfully authenticated then the train ticket will be July 1, 2025, only Aadhaar authenticated users will be allowed to book Tatkal Train Tickets on the IRCTC Website and Mobile Apps. If your user profile is not Aadhaar authenticated on the IRCTC app, then you will not be able to book tatkal train are the steps you should follow to Aadhaar authenticate your IRCTC User ID now by following these steps:Step 1: Log in to the IRCTC website or IRCTC Rail Connect Mobile 2: Go to "My Account".Step 3: Click on 'Authenticate User' and complete the IRCTC changes made in July 2025Booking time restriction for authorised agents: From July 1, 2025, authorised agents will be restricted from booking train tickets during specific time slots to prioritise train ticket bookings for individual AC classes train tickets: Agents cannot book tickets between 10:00 AM and 10:30 non-AC classes train tickets: Agents cannot book tickets between 11:00 AM and 11:30 Indian Railways hiked the train fares from July 1, 2025. The higher train ticket prices applies to premier and special train services, such as Rajdhani, Shatabdi, Duronto, Vande Bharat, Tejas, Humsafar, Amrit Bharat, Mahamana, Gatimaan, Antyodaya, Jan Shatabdi, Yuva Express, AC Vistadome coaches, Anubhuti coaches, and ordinary non-suburban services (after 500 km), based on the new fare structure for different read: New IRCTC rules to book train tickets from July 2025: Know these seven changes, how they affect you The railway board has proposed preparing the reservation chart eight hours before the departure. For trains departing before 1400 hours, the chart will be prepared the previous day at 2100 hrs itself. Earlier, the reservation chart was prepared four hours before the departure of the train, which gave very less time for passengers to look for alternative mode of travel.

ITR verification process methods: 5 ways to e-Verify your Income Tax Return
ITR verification process methods: 5 ways to e-Verify your Income Tax Return

Time of India

time7 days ago

  • General
  • Time of India

ITR verification process methods: 5 ways to e-Verify your Income Tax Return

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads How to e-Verify using a Digital Signature Certificate (DSC) Tired of too many ads? Remove Ads How to e-Verify after generating an Aadhaar OTP? How to e-Verify using an existing Aadhaar OTP How to e-Verify using an existing Electronic Verification Code (EVC)? How to e-Verify after generating an Electronic Verification Code (EVC) through a bank account? How to e-Verify after generating an Electronic Verification Code (EVC) through a Demat Account? How to e-verify using net banking? How to generate an Electronic Verification Code (EVC) through a bank ATM (offline method)? Whether filing an Income Tax Return ( ITR ) or responding to tax notices, it is recommended to verify the process online for a seamless experience. It is necessary to verify an ITR to complete the return filing process; without verification within the stipulated time, an ITR is treated as invalid. e-Verification offers the most convenient and instant way to verify your can e-Verify your ITR or any other income tax-related submissions, services, or requests through multiple available modes on the any of the following options that suit you the best to complete the verification process successfully.1. Digital Signature Certificate2. Aadhaar OTP 3. Electronic Verification Code (using bank account / demat account)4. Electronic Verification Code (using Bank ATM - offline method)5. Net BankingPrerequisites for availing this service· Registered user on the e-Filing portal with valid user ID and password· Acknowledgement Number (to e-Verify ITR without logging into the e-Filing portal)· You have filed a return or an ERI has filed the return on your behalf (to e-Verify ITR).Step 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify return page, enter your PAN , select the 'Assessment Year', enter the 'Acknowledgement Number' of the ITR filed and the mobile number available with you, and click 'Continue'.Step 3: Enter the 6-digit OTP received on the mobile 4: Click 'Submit'.Step 5: On the e-Verify page, select 'I would like to e-Verify,' using Digital Signature Certificate (DSC).Step 6: On the 'Verify Your Identity' page, select 'Click here to download the emsigner utility'.Step 7: After the download and installation of the emsigner utility is complete, select 'I have downloaded and installed the emsigner utility' on the verify your identity page and click 'Continue'.Step 8: On the Data Sign page, select your provider, certificate and enter the provider password. Click 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify return page, enter your PAN, select the Assessment Year, enter the Acknowledgement Number of the ITR filed and the mobile number available with you, and click 3: Enter the 6-digit OTP received on the mobile 4: Click 5: On the e-Verify page, select I would like to verify using OTP on the mobile number registered with Aadhaar and click 6: On the Aadhaar OTP page, select the 'I agree to validate my Aadhaar details' checkbox and click 'Generate Aadhaar OTP.'Step 7: Enter the 6-digit OTP received on your mobile number registered with Aadhaar and click 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify return page, enter your PAN, select the Assessment Year, enter the Acknowledgement Number of the ITR filed and the mobile number available with you, and click 3: Enter the 6-digit OTP received on the mobile numberStep 4: Click 5: On the e-Verify page, select 'I already have an OTP on mobile number registered with 6: Enter the 6-digit OTP available with you, and click 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify return page, enter your PAN, select the Assessment Year, enter the Acknowledgement Number of the ITR filed and the mobile number available with you, and click 3: Enter the 6-digit OTP received on the mobile 4: Click 5: On the e-Verify page, select 'I already have an Electronic Verification Code (EVC)'.Step 6: Enter EVC in the 'Enter EVC' textbox and click 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify Return page, enter your PAN, select the Assessment Year, enter the Acknowledgement Number of the ITR filed and the mobile number available with you, and click 3: Enter the 6-digit OTP received on the mobile 4: Click 5: On the e-Verify page, select 'Through Bank Account' and click 6: Enter the EVC received on your mobile number and email ID registered with your bank account in the 'Enter EVC' textbox and click 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify return page, enter your PAN, select the Assessment Year, enter the Acknowledgement Number of the ITR filed and the mobile number available with you, and click 3: Enter the 6-digit OTP received on the mobile 4: Click 5: On the e-verify page, select 'Through Demat Account' and click 'Continue'.Step 2: Enter the EVC received on your mobile number and email ID registered with your demat account in the 'Enter EVC' textbox and click 1: Go to the e-filing portal ( homepage and click e-Verify 2: On the e-Verify Return page, enter your PAN, select the Assessment Year, enter the Acknowledgement Number of the ITR filed and the mobile number available with you, and click 3: Enter the 6-digit OTP received on the mobile 4: Click 5: On the e-Verify page, select through Net Banking and click 6: Select the bank through which you want to e-Verify and click 7: Read and understand the disclaimer. Click 8: Log in to your Net Banking using your Net Banking user ID and 9: Click the link to log in to e-Filing from your bank's You will be logged out of internet banking and logged in to the e-Filing successful login, you will be taken to the e-Filing 1: Visit your bank's ATM and swipe your ATM The service to generate EVC through a bank ATM is provided by certain banks 2: Enter 3: Select Generate EVC for Income Tax 4: The generated EVC can be used to e-Verify the return by selecting I already have an Electronic Verification Code (EVC) as a preferred choice of e-verification.

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