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Aadhaar card holders can electronically verify their income tax returns (ITRs) using their Aadhaar number. To avail this service, your mobile number must be updated with the PAN-linked Aadhaar.
However, A filed Income Tax Return (ITR) will be considered as invalid if it is not verified within 120 days of the date it was filed. Taxpayers can easily verify their returns using their Aadhaar number. , Personal Finance News, Times Now
It is important to verify the income tax return to complete the ITR filing process. The CBDT via a notification reduced the time limit to verify ITR from 120 days earlier to 30 days or else return will be considered void/invalid. There are six ways to verify ITR. Out of these 6 ways, five are electronic methods and one is a physical method of verifying ITR.
Income Tax Return e-Verification: Aadhaar-based OTP is one of the easiest methods to e-verify ITR.
The last date for filing income tax return (ITR) is July 21, just four days away. Taxpayers need to submit their ITR for the financial year 2021-22 (or assessment year 2022-23) before the deadline to avoid any fine or penalty.