After ITR Filing, E-Verification is must to avoid Potential Penalties

New Delhi: Filing your Income Tax Return (ITR) is a pivotal step towards fulfilling your tax obligations, but completing the e-verification process is equally vital.

Neglecting this last step can render your ITR incomplete, subsequently inviting penalties.

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Income Tax Department’s Warning to Taxpayers

Remember, the process of e-filing doesn’t conclude with the submission of your ITR. It’s imperative to promptly initiate the e-verification process to validate your ITR.

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The Income Tax Department has taken a stringent stance on this matter, underscoring that a pending e-verification renders your ITR unverified, thus incomplete.

E-Verify Your ITR to Ensure Completion

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While the deadline for filing income tax for the assessment year 2023-24 was initially set at July 31, 2023, taxpayers now have an extended opportunity to file late ITR with a penalty until December 31, 2023.

 Secure Your ITR Filing to Prevent Unwanted Fines

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The Income Tax Department’s advice is straightforward: complete the e-filing process without delay. Failure to do so could result in late fees, as stipulated in the provisions of the Income Tax Act, 1961.

The objective of e-verification is to authenticate the accuracy of your filed ITR, ensuring its integrity and compliance with regulations.


Final Step of Your ITR Filing and Dodge Possible Fines

To carry out the e-verification process, access the “e-verify return” option on the e-filing portal. Furnish details such as your PAN, assessment year (2023-24), and acknowledgment number.


Alternatively, you can log in using your PAN and password. Navigating to “My Account” and selecting “E-Verify Return” will take you to the relevant page.

Here, you’ll find the filed return awaiting verification. Completing the process typically involves an OTP sent to your Aadhaar-linked mobile number, certifying your ITR’s legitimacy.

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The e-verification process is more than a formality – it’s a critical step towards ensuring the validity of your ITR filing.

By adhering to this requirement, you safeguard your financial interests while steering clear of avoidable penalties.

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