The submission of the ITR online is not the last step in the filling of the ITR. The main problem that the taxpayer face after e-filing of ITR is the next step after e filing of ITR.

For instance, the taxpayers are required to verify their ITR after e filing of ITR and failing to do so may, however, treat their e-filed ITR as invalid. Likewise, ignorance of other things may either lead to an additional tax demand or loss of the tax refunds. The article will tell us step by step things which a taxpayer must do after e-filing of ITR.

Steps after e filing of ITR:

1. Verify ITR

The primary thing which one should do just after e-filing income tax return is:

  • he should e-verify her/his ITR, or
  • dispatch the signed ITR-V to CPC, Bangalore.

After e filing of ITR of ITR, it can be verified through dispatching ITR V

In the cases where verification method is being chosen by the taxpayer where he will verify through physically signing and posting the ITR-V, then in such a case, he must continuously track the receipt status of the ITR-V at CPC, Bangalore as one would get an alert for the non-receipt of ITR-V due to postal loss. When CPC, Bangalore will receive the ITR-V Form, it then dispatches an email acknowledging the receipt of the ITR-V which should reach the taxpayer within a month of sending the ITR-V to CPC, Bangalore.

After e filing of ITR of ITR, it can now also be verified through

1. Aadhar OTP

After e-filing of ITR, it can be verified through Aadhar OTP but firstly the aadhaar card  has to be linked with the PAN card, then the following steps have to be followed:

Step 1: ITR has to be uploaded on the official e-filing website of Income Tax Department.

Step 2: After uploading the ITR on the website of Income Tax Department, to verify the ITR, the following will appear:

  • I already have an EVC to e-verify my return.
  • I do not have an EVC and would like to generate EVC to e-Verify my return.
  • I would like to generate Aadhaar OTP to e-Verify my return.
  • I would like to send ITR-V/I would like to e-verify Later.

In order to verify the ITR through Adhar OTP, the third option has to be selected.The mobile number which is registered with Adhar will get an OTP which will be valid for 10 minutes.

Step 3: The OTP then has to be entered on the page where there will be an option to write OTP to get the ITR verified. Click submit, you will get the message ‘Return successfully e-Verified. Download the Acknowledgement’. You will also receive the acknowledgment on your registered email id.

2. Net banking

  • Step 1
    Open the net banking website of your bank and then login your net banking account. After login, go to the income tax e-filing tab.This process differs from bank to bank.In some of the cases, it will open the website of the income tax department.
  • Step 2
    Click on the option of ‘View Returns/Forms’  to see e-filed tax returns.
  • Step 3
    Select the option ‘Click here to view your returns pending for e-verification’
  • Step 4
    Now click on the option ‘e-verify’.
  • Step 5
    A new pop-up window appears after that and you have to select the option of ‘Continue’ to generate EVC and get your income tax return verified.
  • Step 6
    A message about the confirmation will be displayed on the screen which will also display the transaction ID and EVC code.You may also download the attachment for record purposes.

3. Electronic Verification Code (EVC)

Electronic Verification Code (EVC) is a 10 digits code to e filing of ITR. It is an alphanumeric code and can be generated via various methods. EVC has the following features and usage in order to e-verify ITR:

  • A person who is e-filing ITR can use EVC which is an alphanumeric code to verify his/her ITR.
  • The EVC could be used to verify ITR 1 / ITR 2 / ITR 3 / ITR 4.
  • EVC is a unique code and the person having PAN can only use his EVC. This means one EVC for one PAN.
  • One EVC can be used to validate only one ITR whether it is original or revised return.
  • EVC code remains valid for 72 hours but can be generated various times through various modes.
  • The verification needs to be done within 120 days of the e filing of return if the tax returns are already filed or uploaded.

Generation of EVC

According to CBDT, EVC can be generated by four methods to generate Electronic Verification Code (EVC). Before proceeding to generate EVC it has to be ensured that the mobile number and email address registered with the CBDT is accessible by you.

1. Generation of EVC through e-filing website

2. Generation of EVC through Linking Aadhaar Card with PAN

3. Generation of EVC through Bank ATM (Automatic Teller Machine)

4. Generation of EVC through Net Banking Facility

2.Track the Intimation status

After the process of e-verification of ITR, the taxpayer is required to wait for around one month in order to get the intimation from the  IT department under section 143(1). One would receive another email from the IT department once his income tax return gets processed. This email is called as the Intimation under section u/s 143(1). Intimation tells the taxpayer the details about the total TDS deducted, total tax paid, and deductions if any. Intimation under section 143(1) is an intimation for ITR after the ITR is processed by the income tax department to the taxpayer about any arithmetical mistakes or changes to be done.

    The same is reflected in the following 2 columns of intimation:

  1. Income tax as provided by the taxpayer in the return of income
  2. Income tax which is payable as computed by the income tax office u/s 143(1)
  3. Pay the additional tax if the intimation specifies so:

If the Intimation which is received u/s 143(1) specifies that the tax paid which is by the taxpayer is less than what is computed by the IT department then this intimation becomes Notice of Demand u/s 156.

3.Track Income Tax refund status

In case the income tax paid is more than what is computed by the IT department then the taxpayer is however entitled to the tax refund. From this year onwards, the refund would be directly deposited in the bank account which is mentioned in the income tax return online.

4.Keep Income Tax Records

Even if the taxpayer is done with filing of income tax return, it is very important to keep record of all the paperwork safely as the legal proceedings under the income tax act can be initiated within a span of six years and therefore s/he must keep all the  income tax related documents safely for at least seven years.

It may be noted that the following records are advisable to be kept for future references:

  • Form 16, Form 12 B
  • Filed ITR along with ITR V
  • Copy of Challan for tax paid
  • Tax deducted at source (TDS), Form 16A
  • Tax exemption documents
  • Bank account statements
  • Gifts deeds
  • The intimation from the IT department (soft copy email) and hardcopy

For any help on ITR Filing feel free to consult the tax experts at LegalRaasta. You can file ITR yourself via our ITR software or get CA’s help on filing income tax return. You can also use the option of Business ReturnBulk Return or Revised Return Filing.