An income tax return once filed, requires to be verified in order to be considered valid and to be processed by the income tax department.
Previously, the process of verification of the return entailed taking a print of the ITR-V (return filing acknowledgement), signing it and sending the same to the Central Processing Centre (CPC) in Bangalore.
With the advancement of technology and to simplify the verification process, the government has notified new modes via which you may electronically file and verify your returns.
One of the easiest methods to e-verify your income tax return is by generating an Electronic Verification Code (EVC). EVC is a 10-digit alphanumeric code and is unique to a PAN.
One EVC code can validate only one return, so if you revise your return, you have to generate another EVC. If you verify your return via EVC, you are not required to send the physical ITR-V to CPC.
To e-verify using your HDFC Bank account, follow the steps in the attached guide.
- For verification of return form using HDFC net banking, login to your HDFC net banking account using your HDFC net banking login credentials.
- There is a tab related to income tax filing on the home page. On selecting the e-verify option, the page will be redirected to the government e-filing portal.
- Clicking on my account on the e-filing page will generate the EVC which will be sent to your registered email ID and registered mobile number.
- Using the EVC you may e-verify your income tax return.
Prior to using this verification mode, you must ensure that your bank is authorised by the income tax department for providing such facilities. Also, ensure that your mobile number and PAN name in the income tax portal are the same in the bank. The steps for every bank vary from one another.