In this article, we will discuss how to e-verify income tax returns (ITR) with a bank ATM. As you all know that income tax return verification is mandatory after e-filing. There are two ways to verify income tax returns (ITR) i.e. online or offline. There are total of five ways to verify income tax returns online. The bank ATM is one of them. You can check complete detail about how to e-verify income tax return ITR here. You can also verify your income tax return by sending the physical copy of ITR-V. But here we will only discuss how to e-verify through a bank ATM.
Updates: Central Board of Direct Taxes (CBDT) has reduced the time limit for confirming income tax returns (ITRs) from 120 days to 30 days after electronically transmitting the data. Here is notification No.05/2022 w.e.f. 1st August 2022 – Visit Here
Conditions to e-Verify Income Tax Return by ATM
E-verification can also be done via an ATM validation facility provided that:
- The ATM card of the bank account is linked to PAN Card
- The bank account is registered with the Income-tax online portal
- Mobile number and email ID should be registered with Bank and Tax department.
- List of Banks through which you can generate EVC through the Bank ATM option – Axis Bank Ltd, Canara Bank, Central Bank of India, ICICI Bank, IDBI Bank, Kotak Mahindra Bank and State Bank of India.
e-Verification ITR through ATM 2022
Step 1: You have to visit ATM of your Bank
Step 2: After swiping your ATM card and entering the PIN of your account, you will be provided with an additional option of ‘PIN FOR INCOME TAX FILING’ if your bank provides this facility and it may differ from bank to bank.
Step 3: Choose option ‘PIN FOR INCOME TAX FILING’ to get an EVC.
Step 4: EVC will be sent to your registered mobile number and email id.
Step 5: After generation of EVC, log in to the e-filing portal of income tax.
Step 6: Click on the e-Verify income tax return.
Step 7: Choose option 1- I already have an EVC to e-verify my return.
Step 8: Enter the pre-generated EVC generated by the ATM which was received on your mobile number in the text box and click on Submit button to e-verify your return. If verification is successful following message will appear:
Step 9: Download the Acknowledgement and save it.