/ Foreign Exchange Management Act

CBDT INTRODUCES EVC SYSTEM AS AN ALTERNATE MODE OF VERIFICATION TO MANUALLY SIGNED ITR- V

CBDT introduces Electronic Verification Code (EVC) system as an alternate mode of verification to manually signed ITR-V (acknowledgment)

CBDT Notification No. 2/2015 Dated 13-July-2015 regarding

EVC, a ten digit alpha-numeric code, to be provided using any of the 4 methods, namely –

  • Internet banking
  • AADHAR authentication
  • Bank ATM card and
  • Combination of registered email and mobile number (where income is below Rs 5 lakhs).

EVC to be generated from E-filing website, generation process may vary based on risk category of taxpayer.

EVC unique to an assessee’s PAN, one EVC can be used to validate one return of the assessee irrespective of the AY or return types.

EVC to be stored against assessee’s PAN and shall be valid for 72 hours (except in case of Aadhaar authentication)

The Notification is available at
https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/EVC_notification.pdf.

Further EVC would verify the identity of the person furnishing the return of income. The mode and process for generation & validation of EVC, a user manual was prepared which is available at
https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/e-Verification_User_Manual.pdf.

The Manual of EVS is as below:

Table of Contents

1 e-Verification while uploading a return (Non – NetBanking)

2 e-Verification of an already uploaded return (Non – NetBanking)

3 e-Verification while uploading a return through NetBanking Login

e-Verification of Returns – User Manual

E-Verification while uploading a return (Non – Net Banking)

  • Upload Return à Click Submit
  • The Return is uploaded (Pending for e-Verification)
  • Four e-Verification options provided – Taxpayer can choose any one of the options provided to e-Verify the return.

Option-1 à “I already have an EVC and I would like to Submit EVC”
Option-2 à “I do not have an EVC and I would like to generate an EVC”

Option-3 à “I would like to generate Aadhaar OTP to e-Verify my return”

Option-4 à “I would like to e-Verify later/ I would like to send ITR-V”

Option 1 – “I already have an EVC and I would like to Submit EVC”
Step 1: Provide the EVC in the text box à Click Submit.
Step 2: Download the Acknowledgement (No Further action required).

Option 2 – “I do not have an EVC and I would like to generate an EVC”
Two options are provided – Taxpayer can choose any one of the options if they do not have an EVC
i. Generate EVC through NetBanking.
ii. Generate EVC to registered Email Id and Mobile Number.
Generate EVC through NetBanking:
Step 1: Login to e-Filing Portal through NetBanking. Step 2: Click on e-Verify return.
Generate EVC to registered Email Id and Mobile Number:
Step 1: Enter the EVC sent to your registered Email Id / Mobile Number and Submit to e-Verify return.
Step 2: Download the Acknowledgement (No Further action required).

Option 3 – “I would like to generate Aadhaar OTP to e-Verify my return”
Pre-requisite: Taxpayer’s PAN and Aadhaar should be linked.
If Aadhaar is not linked, click on Link Aadhaar button and link the Aadhaar.
Step 1: Enter the Aadhaar OTP sent to your Mobile Number registered with Aadhaar and Submit to e-Verify return.
Step 2: Download the Acknowledgement (No Further action required).

Option 4 – “I would like to e-Verify later/ I would like to send ITR-V”
Step 1: Click on Continue à Download ITR-V Step 2: Submit ITR-V to CPC, Bangalore.

E-Verification of an already uploaded return (Non – Net Banking)

1 Click e-Verify Return under e-file.
2 Uploaded returns (120 Days) which are yet to be e-Verified are displayed in atable.
3 Click on e-Verify (for the return already uploaded)
4 Three e-Verification options provided – Taxpayer can choose any one of the
options provided to e-Verify the return.

Option-1 à “I already have an EVC and I would like to Submit EVC”
Option-2 à “I do not have an EVC and I would like to generate an EVC”

Option-3 à “I would like to generate Aadhaar OTP to e-Verify my return”

Option 1 – “I already have an EVC and I would like to Submit EVC”
Step 1: Provide the EVC in the text box à Click Submit.
Step 2: Download the Acknowledgement (No Further action required).

Option 2 – “I do not have an EVC and I would like to generate an EVC”
Two options are provided – Taxpayer can choose any one of the options if they do not have an EVC
i. Generate EVC through NetBanking.
ii. Generate EVC to registered Email Id and Mobile Number.
Generate EVC through NetBanking:
Step 1: Login to e-Filing Portal through Ne Banking. Step 2: Click on e-Verify return.
Generate EVC to registered Email Id and Mobile Number:
Step 1: Enter the EVC sent to your registered Email Id / Mobile Number and Submit to e-Verify return.
Step 2: Download the Acknowledgement (No Further action required).

Option 3 – “I would like to generate Aadhaar OTP to e-Verify my return”
Pre-requisite: Taxpayer’s PAN and Aadhaar should be linked.
If Aadhaar is not linked, click on Link Aadhaar button and link the Aadhaar.
Step 1: Enter the Aadhaar OTP sent to your Mobile Number registered with Aadhaar and Submit to e-Verify return.
Step 2: Download the Acknowledgement (No Further action required).

E-Verification while uploading a return through NetBanking Login

  • Login to e-Filing through NetBanking
  • Upload Return à Click Submit
  • The Return is uploaded (Pending for e-Verification)
  • Three e-Verification options provided – Taxpayer can choose any one of the options provided to e-Verify the return.

Option-1 à “I would like to e-Verify my return now”
Option-2 à “I would like to generate Aadhaar OTP to e-Verify my return”

Option-3 à “I would like to e-Verify later/ I would like to send ITR-V”

Option 1 – “I would like to e-Verify my return now”
Step 1: Click on “I would like to e-Verify my return now” à Click Continue Step 2: Download the Acknowledgement (No Further action required).

Option 2 – “I would like to generate Aadhaar OTP to e-Verify my return”
Pre-requisite: Taxpayer’s PAN and Aadhaar should be linked.
If Aadhaar is not linked, click on Link Aadhaar button and link the Aadhaar.
Step 1: Enter the Aadhaar OTP sent to your Mobile Number registered with Aadhaar and Submit to e-Verify return.
Step 2: Download the Acknowledgement (No Further action required).

Option 3 – “I would like to e-Verify later/ I would like to send ITR-V”
Step 1: Click on Continue à Download ITR-V Step 2: Submit ITR-V to CPC, Bangalore.

 

**********************************************************

If this article has helped you in any way, i would appreciate if you could share/like it or leave a comment. Thank you for visiting my blog.

Legal Disclaimer:
The information / articles & any relies to the comments on this blog are provided purely for informational and educational purposes only & are purely based on my understanding / knowledge. They do noy constitute legal advice or legal opinions. The information / articles and any replies to the comments are intended but not promised or guaranteed to be current, complete, or up-to-date and should in no way be taken as a legal advice or an indication of future results. Therefore, i can not take any responsibility for the results or consequences of any attempt to use or adopt any of the information presented on this blog. You are advised not to act or rely on any information / articles contained without first seeking the advice of a practicing professional.