ITR verification: Verification will have to be done after filing ITR, this important work will have to be done within 30 days of filing return

ITR Verification: The last date for filing Income Tax Return (ITR) for the financial year 2021-22 has passed. In such a situation, if you have filed ITR, then now its verification is necessary. Otherwise the form is considered incomplete. The last step of filing ITR is not the submission of the form but the verification. […]
 


ITR verification: Verification will have to be done after filing ITR, this important work will have to be done within 30 days of filing return

ITR Verification: The last date for filing Income Tax Return (ITR) for the financial year 2021-22 has passed. In such a situation, if you have filed ITR, then now its verification is necessary. Otherwise the form is considered incomplete. The last step of filing ITR is not the submission of the form but the verification. You can do online verification. Today we are going to see the complete process of online verification.

 

This is the process of income tax verification

  • It is very important to link PAN with Aadhaar to verify the income tax return file.
  • First e-filing portal incometax.gov.in Go to and login.
  • After this you will go to the next page and you will get the option of e-file.
  • Here you have to go to the Income Tax Return section and select E-Verify Return.
  • After this you will see whatever return you have filed.
  • Then click on e-Verify link and select Verify Return using Aadhaar OTP.
  • After this a message will come on your registered mobile number through which you can do the verification.
  • After entering this one time password on the Income Tax Department website, clicking on the submit button will verify your ITR.

Must be verified within 30 days

The process of filing income tax return is considered incomplete without verification. The Income Tax Department processes your ITR only after verification. Also, if the ITR is not verified, your refund will get stuck. Earlier, verification had to be done up to 120 days from the date of filing of return. But now this time has been reduced to 30 days. If you do not do the verification, your ITR will not be considered as filed.

 

5 crore 83 people filed returns

For the financial year 2021-22, 5 crore 83 people have filed Income Tax Return (ITR). According to the Income Tax Department, 72.42 lakh returns were filed on the last date i.e. 31st July.

 

What if you have not filed ITR yet?

The Income Tax Department has not extended the date for filing income tax returns for the financial year 2021-22. The last date to file ITR was 31 July 2022. In such a situation, if you have not filed ITR yet, then for this you will have to pay a late fee.

If the annual income of a taxpayer is more than Rs 5 lakh, then he will have to pay a late fee of Rs 5000. If the taxpayer’s annual income is less than Rs 5 lakh, he will have to pay Rs 1,000 as late fee.