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ITR Verification Rule: Verification is necessary after filing the return, a big penalty will be imposed on the lapse; Learn 7 easy ways to verify – Income Tax Return ITR Verification 7 Methods Deadline and Penalty Rules Rules Explained

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ITR Verification Rule: Verification is mandatory after filing income tax returns (ITR). If you did not do verification, then your hard work to file ITR can revive water. Verification should also be within 30 days of filing returns. This rule is effective since 1 August 2022. Earlier, taxpayers used to get up to 120 days for verification.

Let us know how to verify it after filing ITR. What will happen if not verified? Also, how to know whether ITR verification has taken place or not.

7 options to verify returns

The priority of the Income Tax Department is e-verification, so that the processing can be accelerated and the delay or loss in physical documents can be avoided. However, physical verification facility is still available. Taxpayers can verify ITR in 7 ways given below:

  1. Aadhaar OTP: OTP comes on the link mobile number from your Aadhaar.
  2. Bank Evc: Electronic Verification Code (EVC) is generated from the already validated bank account.
  3. Demat Evc: EVC can also be generated from validated demat account.
  4. ATM EVC: EVC can also be generated through ATM card, but this facility is available in a few banks.
  5. Net Banking: EVC can also be generated from the net banking portal of authorized banks.
  6. Digital Signature Certificate (DSC): DSC is mandatory in some cases. This can also be verified ITR.
  7. Physical Verification: If someone is unable to do e-verification, then print the ITR-V form, signed with a blue pen, he will have to send it to the CPC office in Bangalore. This process also has to be completed within 30 days of ITR filing.

Return may be invalid on delay

According to the Income Tax Department, if ITR is not verified on time, it will be considered as ‘invalid’. This would mean that taxpayers did not file returns. This can cost taxpayers up to ₹ 5,000 under Section 234F. Also, 1% interest will have to be paid every month on the outstanding tax.

Refund delay and risk of interest

Tax refunds can also be stopped in the event of ITR not legal. If taxpayers are unable to verify the 30 -day time limit, they can apply for ‘Condonation of Delay’. However, it depends on the approval of the department and there is no guarantee of approval.

Whether or not Verification was successful or not, how to know?

After e-verification, a success message and transaction ID appears on the screen and confirmation is also sent to the registered email. The status of physical verification can be tracked on the E-Filing portal in the ‘View Returns/Forms’ section.

Verification permission from representative

If you want taxpayers, you can also get verification done through your representative (eg chartered accountant or family member). For this, they are allowed to use Aadhaar OTP, Net Banking or Bank/Demat Evc. However, OTP or EVC will be sent on the mobile/email of the concerned representative.

Also read: ITR Filing 2025: How is Tax on F & O Trading? From ITR form to audit, learn every question answer

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