The tax department has introduced an alternate way of paper less e-filing via Electronic Verification Code. The Electronic code generation process may vary, depending on the taxspayer's profile and channel used for accessing the E-filing website.
2. Net Banking:-
If Your total income is more than 5 Lakh or if there is a refund, EVC through Net Banking is Your only option.
- A 10 - digit alpha numeric code is called EVC.
- It is generated to verify Your Income tax returns when you take the e-filing route.
- The Code is unique for each Permanent Account Number (PAN).
- It can be generated using Aadhaar Card, Net Banking, registered email and mobile number.
- EVC via Net Banking and email/ mobile expires after 72 hours; EVC via Aadhaar is valid for 10 minutes only.
- An EVC can be used only once to validate a return. You have to re-generate another one in case of revised returns.
Here Is How To Go About It
1. E-Mail and Mobile Number:-
The taxpayer can generate an EVC by logging into www.incometaxindiaefiling.gov.in.
- This mode can be used if the total income, before applying any deductions, is 5 Lakh or less and there is no refund claim.
- After You log in and opt for e-filing, You can request for code by clicking on the 'Generate EVC' option.
- The site will ask you to choose between e-filling OTP or EVC through Net Banking. Click on the former.
- An OTP will be sent to your mobile number or e-mail.
- Use this code under the e-verify option given on the site and complete Your tax-return process.
2. Net Banking:-
If Your total income is more than 5 Lakh or if there is a refund, EVC through Net Banking is Your only option.
- For using this channel your PAN must be validated in Your Bank's KYC process.
- Once You select this option, You'll be redirected to a page with the list of banks available for Net Banking login.
- Most of public and private banks including SBI,ICICI Bank, HDFC Bank, Axis Bank, Bank of Baroda, Allahabad Bank, etc. are providing this facility.
- If Your bank is authorised, You should be able to log in using your internet banking ID & Password.
- The EVC will be sent to your mobile number.
- This will be a relief for NRIs who do not have digital signatures and faced issues with mailing physical ITR-Vs.
3. ATMs :-
Some banks have registered for generating EVC through ATM machines.
- Here, You can use your debit or credit card to generate the code.
- However, the channel does not seem to be working perfectly right now. Also, this is not the best way. Net Banking is much simpler.
4. Aadhaar Card :-
For using this channel your Aadhaar card and PAN should be linked.
- If the two are not linked, the income tax department's website show a pop-up and you simply have to fill in Your Aadhaar number on the redirected page to link the two.
- Once linked, an OTP will be sent to your registered mobile number which will be valid for the next 10 minutes.
- Note that the new ITRs also have a space for mentioning Your Aadhaar card number. Do not confuse this with e-verification Plz.
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