Income Tax Return: Taxpayers should complete this task as soon as possible after filing the income tax return. With this you will get refund quickly.
Income Tax Return: The process of filing income tax returns for the financial year 2023-24 and assessment year 2024-25 has started. In such a situation, it is necessary for all the taxpayers falling under the tax slab to file income tax returns on time. Salaried class people who deduct 10 percent TDS can also claim it by filing ITR.
Taxpayers can easily file income tax returns by following just a few simple steps. If you are also going to file ITR for the first time then it is very important to understand this process. Merely filing income tax return will not ensure you get the refund money on time. After this you will have to complete its last step also.
Is e-verification necessary after filing ITR?
If taxpayers want to receive their refund on time, they must complete the process of e-verification after e-filing. If you fail to do so, your ITR will be considered incomplete and you will not receive the refund on time.
Within how many days is e-verification required?
Although you should complete the work of e-verification as soon as you file ITR, but according to the Income Tax Department, you are given 120 days time to complete the e-verification. During this time you can complete the verification process. If you do not complete the e-verification within 120 days of filing the return, your return will not be considered complete and you will not be able to get a refund. You can complete the process of e-verification through Demat account, Aadhaar or ATM, net banking or Digital Signature Certificate (DSC).
Complete the process of e-verification like this-
1. For this, first of all click on the e-filing portal https://www.incometax.gov.in/iec/foportal/.
2. Further login to the portal by entering user ID and password.
3. Click on the e-file menu and select the option of e-verification.
4. Next select your PAN number, assessment year, enter the receipt number of file ITR and your mobile number.
5. Next select the e-verification mode option you want to choose.
6. Complete the e-verification process through any of the Demat account, Aadhaar or ATM, net banking or Digital Signature Certificate (DSC).
7. After completion of the e-verification process, you will see a message on the transaction ID.
