What is Electronic Verification Code (EVC) for Filing Income Tax Returns?

Income tax department recently launched a facility of e- filing verification online with one-time password called as electronic verification Code for income tax payers which will replace the sending of paper acknowledgement to the CPC Bangalore.

What is Electronic Verification Code?

Electronic verification Code is a one-time password sent to registered mobile number filing returns online.

The EVC will be a 10 digit alpha-numeric number. Invalid, already used or unmatched EVC shall be rejected.

As of now, any taxpayer, whose income is Rs 5 lakh or under every year and has no refund claims, they can directly generate the ‘Electronic Verification Code' (EVC) for e-filing and validating their Income Tax Return (ITR).

How does it Electronic Verification Code Work?

Electronic Verification Code (EVC) would verify the identity of the person furnishing the return of income and would be generated on the E-filing website.

The EVC can be used by a verifier being an individual to verify his Income Tax Return or that of an HUF of which he is the Karta in Income Tax Return Form 1 2 2A, 3, 4 or 4S or the Income Tax Return Form filed in ITR 5 or 7 of any person accordance with Section 140 of the Income Tax Act.

The EVC generation process may vary based on the risk-category of the Assessee, method of accessing the E-filing website or interface with third party authenticating the entity, said the CBDT press release.

The EVC would be unique for an Assessee PAN and will not valid for any other PAN at the time of filing of the Income Tax Return.

One EVC can be used to validate on return of the Assessee irrespective of the Assessment Year or return filing type, added further.

The EVC generate will be stored against the Assessee PAN along with the other verification details. The generated code will be valid for 72 hours.

The verifier can generate EVC multiple times and can be generated in multiple ways such as;

• The EVC can be generated by log in into e-filing site via net banking
• The EVC can be generated after Aadhaar authentication using Aadhaar One Time Password (Aadhaar aTP)
• The EVC can be generated using Automatic Teller Machine (ATM) of a Bank
• Where the EVC (Electronic Verification Code) is generated and sent to the Registered Email ID and Mobile Number of Assessee with E-filing Website.

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