File your ITR Hassle-Free and Maximise your Refunds
Trusted by 1 Million+ Users
4.8 Star User Rating
Authorized by Tax Department
If you are using this option then it is a prerequisite for your Demat account number to be pre-validated.
Step 1: Visit https://www.incometax.gov.in/iec/foportal/ website & log-in to your account by entering your User ID (which is PAN) and Password. After that, click on tab “My Account E-File” & from the drop down menu, select option “Income Tax Returns”. Then go on “E- Verify Return”..
Step 2: Now you’ll be able to see the list of ITR(s) filed and pending for verification. Here click on the “e-Verify” button.
Step 3: Here, from the options, select Option “ Generate EVC - Through Demat Account Number”.
Step 4: If your demat account is not prevalidated or added then a box will automatically appear asking to “Prevalidate your Demat Account” and you will be redirected to the following page to add demat details and to prevalidate the same
Step 5:Fill the required details like Depository Type (CDSL, NSDL), Mobile Number & Email ID. Once you fill in all the information, click on the “Prevalidate” button. A request will be sent to the depository to validate it.
Step 6: Once the account is pre validated then, click on the option Enable EVC. Then just click on option - Yes to generate EVC. Enter the EVC which will come on your mobile number which you have provided in your Depository. You're done with it. Please refer the attached screenshot for reference-
Note: If your Demat account is already pre validated then step 4 and 5 are not for you. Just enter the EVC and your return would be e-verified.
Yes if trust is registered then a demat account can be opened in the name of trust.
Following documents are required along with the account modification form with annexure B duly signed by the holder whose name is being changed along with the self-attested PAN copy and the Required Documents:
Yes u can have joint demat account along with two joint holders as demat account can have maximum three account holders i.e. one main holder and two joint holders.
First open demat account in joint name then submit the share certificates to broker for dematerialisation then transfer shares from joint holder account to single holder account though Delivery Instruction Slip Book (DIS Book)
Yes they can open following demat accounts in India: Resident Individuals Demat Account or NRI Demat Account
Yes minors can have a demat account but it is operated by a guardian till minor becomes major.
Private Company can open DEMAT Account. Ensure that Private Company’s MOA & AOA support such activity and it complies with RBI regulations.
If Demat Account number starts with alphabets then it is provided by NSDL. If your demat account number starts with Numeric then it is provided by CDSL.
First select the Depository Participant you want to demat account with and fill the opening form along with copies of the required documents and a passport-sized photograph.
Documents required to open a demat account
Most banks allow investors to open demat accounts free of cost but Stock broking companies charge an account opening fee which ranges from 250 to 750.
