Income Tax Return filing: What is Electronic Verification Code, How to generate EVC to e-verify return – Financial Express

  • Press Release|
  • < 1 minute
  • By Taxmann
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  • Last Updated on 27 October, 2020
(By CA Naveen Wadhwa, DGM, and CA Tarun Kumar, Assistant Manager, Taxmann.com)
The option to file income-tax return in paper mode is available only to super senior citizens (age 80 years or above) or small taxpayers whose taxable income is up to Rs 5 lakh and no refund is due in his tax return. The manual filing of return is available only for ITR 1 (Sahaj) and ITR 4 (Sugam). All other taxpayers have no option but to file the income-tax return electronically.
 
The income-tax return is deemed to be filed as per the requirement of law only if the taxpayer, after filing of return, verifies it. Verification of return is mandatory to get it accepted and processed by the Centralized Processing Centre (CPC) of the Income-Tax Department. An income-tax return can be verified with Digital Signature, Electronic Verification Code, Aadhaar based OTP or submission of acknowledgement to CPC Bangalore.

 
Read the full story here: Income tax return filing,Taxmann

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