Like rule-fearing citizens of the Country, you’ve paid your income tax and filed your ITR online. You’ll need to verify and check the ITR-V Receipt Status to confirm the successful submission of your form. Only after this step is complete can you say that you’ve completed your tax duties towards your country. Here. Let’s discuss in detail How to Check the ITR-Verification Receipt Status.
What is ITR verification?
Income Tax Return Verification is generally familiar as ITR-V. ITR-V is an affirmation you get from the Income Tax department to the taxpayer on effective receipt of the income tax return. On confirming the verification, the taxpayer needs to print out the verification form, sign it, and forward it to the Central Processing Centre (CPC) Bangalore for completion of filing the returns. After submission of the ITR-V receipt to the Income Tax Department online the taxpayer has the power to check the ITR-V Receipt Status.
How Can ITR-V Be Done?
You can do Income Tax Receipt –Verification online with or without a digital signature. But it is necessary for taxpayers filing without a digital signature to submit the online ITR-V form to the Income Tax officials at Central Processing Centre Bangalore, within 120 days of filing the Income Tax Returns to complete the process of Income Tax Return filing.
What Are the Requirements?
All the taxpayer has to do is enter the Permanent Account Number (PAN), confirmation or acknowledgment number of e-filing, and the year of assessment.
The taxpayer has the power to inquire about the receipt of the ITR-V at the Central Processing Centre (CPC) and whether or not a digital signature was used at the time of filing the Income tax returns.
Why Check the Income Tax Return Verification (ITR-V) Receipt Status?
The purpose of checking the ITR-V Receipt Status online is to save the taxpayer from mishaps leading to severe issues such as payment of extra taxes or loss of refunds from taxes.
Also read: Check Your Income Tax Refund Status Online
How To Send ITR-Verification?
- when one files their Income Tax returns online without using a digital signature, they get A one-page PDF file of an ITR-V.
- After filling ITR, the Department sends an acknowledgment email to your inbox.
- Additionally, you can download the ITR-V form from the Income Tax.
- For the benefit of the taxpayer, the ITR-V provides the acknowledgment of the electronic transmission number as income tax filing evidence.
- Password to open ITR-V is a combination of the PAN no and Date of birth.
- Print ITR-V form in dark black ink and clear to read.
- Sign the ITR-V copy in blue ink below the Bar code, the bar number, and the barcode. It should be legible, and the signature should not appear in the bar code of the Form.
- In case you file the returns by a Tax Return Preparer (TRP), the TRP particulars, you must fill, and countersign the verification form by TRP.
- Only the one-page ITR-V duly signed is needed, no other documents are required.
- Do not fold or use a stapler on the signed ITR-V.
- Enclosed is the ITR-V in an A4 size white envelope. Do not send the ITR-V contained envelope by courier but only through ordinary post or speed post. Send ITR-V within 120 days from the day of filing.
- Send several ITR-V forms inside a single envelope
- and write the address on an envelope containing the ITR-V – Department Income Tax, CPC Post Box No.1, Post Office Electronic City, Bangalore -56010, Karnataka. Remember you must not submit it to any other place in India.
- In case you fail to submit the ITR-V within 120 days, the e-filing will be invalid, and once again a fresh return of a new ITR-V needs to be generated.
Also read: 5 Best Ways to Save Tax for Salaried Employees
Checking the ITR-Verification Receipt Status
The ITR-V receipt status facility is only available once the ITR-V reaches the Income Tax Department in Bangalore.
On receipt of the form, the Department at Bangalore sends a confirmation email. This acknowledgment can also be accessed online using the following steps. Follow the steps below for How to Check ITR-Verification Receipt Status
- Select the ITR-V Receipt Status on the ITR website.
- Information such as the PAN number and Assessment year has to be added.
- Additionally, the e-filing Acknowledgement number can also be entered to access the receipt form.
- Enter the Captcha code and select the Submit button.
However, in case the status records that “Not received for ten days” then it is ideal to contact the helpline number to check the records.
Also read: Simple Steps Of TDS/TCS Filing On TRACES
Conclusion
Checking your ITR verification receipts is essential to ensure that your ITR is successful and that you have proof. The process of checking the status is straightforward, as mentioned in the article above. It also helps you to stay safe from fraud and extra or less tax payments.
How to Check ITR-Verification Receipt Status – FAQs
What is an ITR verification receipt?
Ans. ITR verification receipt is the document the income tax department issues when taxpayers pay their taxes. It includes the proof of their tax payment and the other essential details.
How many days does it take to receive the ITR verification receipt after filling it?
Ans. Usually, it takes up to 10 days to get the ITR verification receipts. In case you have not received it within 10 days, you can contact customer care to get the details.
Are there any documents required for the ITR verification receipt?
Ans. Yes, you need the PAN number and the ITR filling acknowledgment number. You also need to enter the year of assessment to get the ITR verification receipt.
