Why e-verification is required
Filing your income tax return (ITR) is just half the job done; you also have to e-verify it within 30 days for it to be accepted. Your ITR does not exist without verification. Aadhaar-based OTP facility is the quickest and simplest way, avoiding the need to send hard copies of documents to the Income Tax Department.
How to e-verify using Aadhaar OTP step by step
To use Aadhaar OTP, your PAN must be linked with Aadhaar and your mobile number must be registered with UIDAI. Log in to the Income Tax e-filing portal, select ‘e-Verify Return,’ and choose the Aadhaar OTP option. A six-digit OTP will be sent to your registered mobile number. Enter this OTP on the portal, and once validated, your ITR stands successfully verified.
Benefits of using Aadhaar OTP
The Aadhaar OTP process is all online, quick, and at no cost. In contrast to other procedures like net banking or mailing a physical ITR-V form to CPC Bengaluru, this one requires just a few minutes. It is particularly helpful for salaried persons and small taxpayers who do not wish to incur additional paperwork and latency. The procedure also provides immediate acknowledgment of your return.
Common issues and solutions
Sometimes, taxpayers might face problems such as not receiving OTPs or OTP entry fails. This would mostly happen if the mobile number is not linked with Aadhaar. To rectify this, update your mobile number with UIDAI before you try again. Ensure to enter the OTP within the allowed time frame, usually 10 minutes. In the event of persistent issues, you can try alternative means such as net banking or through your demat/bank account.
FAQs
What will happen if I fail to e-verify my ITR in 30 days?
If you fail to e-verify your return within 30 days from the date of filing, it will be treated as invalid. You will need to file a fresh return, and late filing will attract penalty and interest.
Can I e-verify my ITR without Aadhaar OTP?
Yes, you have an option to use alternatives like net banking, demat account, or bank account-based authentication. You can also post a signed physical ITR-V to CPC Bengaluru, but it takes time.
Is Aadhaar OTP e-verification secure?
Yes, it is secure as the OTP comes directly on your registered mobile number. It is in a manner that only the Aadhaar holder can perform the verification.
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