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Failed to verify your e-returns in the past? You can do so by September 30

You can complete the process online or by sending the signed copy to I-T department’s centralised processing centre in Bengaluru

July 21, 2020 / 09:37 IST
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The Central Board of Direct Taxes (CBDT) recently extended a one-time relaxation for tax-payers who have not managed to verify their electronically filed income tax returns (ITR) for assessment years 2015-16 to 2019-20. Usually, they are supposed to complete the verification within 120 days of having filed the return online. The income tax (I-T) department has acknowledged that “a large number” of e-filed returns remained pending for processing for want of receipt of a valid ITR-V (verification) form. Now, such individuals can complete the process of verifying their e-returns by September 30, 2020.

Meeting the new deadline

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Every year, return-filers are required to send this signed form by post – and not via courier – to the department’s centralised processing centre (CPC), Bengaluru, after filing their returns online. Alternatively, and preferably, they can also complete the verification process online through electronic verification code (EVC) or one-time password (OTP) modes. You can do so by using Aadhaar-based OTP, through your internet banking account, and generating an EVC through bank accounts, demat accounts or bank ATMs (see graphic).