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ITR-V (Income Tax Return – Verification Form) is an acknowledgement that you receive after filing your income tax return online. It is a one-page document that you need to download it from the Income Tax Department website and submit it to CPC Bangalore after signing it with blue ink. The ITR-V you receive does not imply that you had filed your income tax return online correctly or wrongly. It only implies that you had filed an ITR.
A taxpayer’s income tax return e-filing will be considered invalid if he/she e-file without the signature. Therefore, the taxpayer should submit the ITR -V to CPC (Central processing Centre), Income Tax Department Bangalore after signing the form.
It is a one-page document automatically sent by the IT department as a verification of the authenticity of the e-filed return. If you share your digital signature while e-filing the return then you don’t need to submit the ITR – V to CPC, Bangalore. However, if you did not share your digital signature you should download and submit the ITR – V to complete the e-filing process.
You can download ITR – V form directly from the Income Tax Department website. Follow the following steps to download your ITR – V
Step1: Click Log in here at IT Department website
Step2: To see your e-file tax return click View Returns/Forms
Step3: To download your ITR -V click your acknowledgment number.
Step4: Click ITR – V/ Acknowledgement and your ITR – V will be downloaded automatically.
Step5: Enter the password to open the downloaded ITR -V. Your password will be the combination of your PAN number and your Date of Birth.
Date of Birth: 05/05/1988
Step6: Print the ITR-V, sign it with blue pen only and sent it to CPC Bangalore. You should submit the form within 120 days from the date of e-filing. The address to speed post your ITR-V is –Income Tax Department - CPC Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka 560100
The Income Tax Department had set some terms and conditions that a taxpayer should adhere before sending the ITR – V to the CPC.
The instructions are as follows
A new system has been introduced by the Central Board of Direct Taxes (CBDT) where an EVC (Electronic Verification Code) will be sent to the taxpayer based on their aadhaar for authentication. With this system, you can obviate the sending of CPC for verification.
It is an alternative way of filing returns or else you can follow the current system, where you send the ITR-V form to CPC Bengaluru or use digital signature while e-filing returns. In case if you do not have aadhaar card you can continue with the current system.
To follow this new system the taxpayer, need to link their PAN with Aadhaar. To link your Pan with Aadhaar follow the below steps
Step1: Go to IT department website
Step2: Click Link Aadhaar
Step3: Provide your PAN number, Aadhaar number and your name given in the aadhaar card without any spelling mistake and submit.
Note: Your link will be confirmed after UIDAI verification. In case of any minor mismatched information provided by the taxpayer, an aadhaar OTP will be required. Moreover, ensure that the gender and date of birth in PAN and Aadhaar card are same. Anyone who wants to link their Aadhaar and PAN can use this facility whether he/she is e-filing or not.
You can also check your acknowledgement receipt with your PAN and assessment year or e-filing acknowledgement number at ITR-V receipt status under Services section on the website.
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14th June 2017