Income Tax Return Filing 2023-24: The last date to file your Income Tax Return on time for the financial year 2022-23 is July 31, 2023. Filing your income tax return on time helps avoid a penalty charge from the Income Tax Department.

Just before you finally click the button to submit your I-T returns on the incometax.gov.in website, it is important to run a final glance and go through a checklist to ensure accuracy.

Income Tax Return E-Verification

According to The Times Of India report, there are multiple ways to verify your income tax return, the easiest of which is e-verification. The option to send the ITR-V to the CPC in Bengaluru still exists, but the e-verification option is more convenient.

Here are the steps to e-verify your ITR:

Choose E-Verify Now or E-Verify Later: On the e-verify page, you will have the option to choose between e-verifying immediately or doing it later.

E-Verify Now Options: If you select E-Verify Now, you can choose from the following options:

a. EVC generated through ATM: If you have an ATM card linked to your Aadhaar, you can generate an Electronic Verification Code (EVC) through the ATM and use it to e-verify your return.

b. Generate EVC option under My Account: You can also generate the EVC on the e-filing portal under “My Account” section and use it for verification.

c. Aadhaar OTP: If your mobile number is linked to your Aadhaar, you can opt for Aadhaar OTP verification. The OTP will be sent to your registered mobile number for verification.

d. Pre-validated Bank Account: If your bank account is pre-validated on the e-filing portal, you can use it for e-verification.

E-Verify Later Options: If you choose E-Verify Later, you will have the option to verify through ITR-V (Income Tax Return Verification) or IDRV (Electronic Verification Code through Aadhaar OTP).

Timeline for E-Verification: It is essential to complete the e-verification process within 30 days of filing your return.

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