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Waiting for Refund ? Check the ITR V Status
Do you know how to check ITR V Status? You must be thinking that why we are asking this out of the blue question. Well, if your ITR is not yet processed or your refund (if any) hasn't been credited then this question is relevant for you. 7 out of 10 people still think that just filing Income Tax Return finishes their job. But it is not the case.In this blog, we will let you know the after filing process.Let’s begin.
What is verification of ITR ?
As per law, after filing income tax return, every taxpayer is compulsorily required to verify their return. Verification is done to authenticate that your return is filed by you only.This verification needs to be done within a period of 120 days from the date of filing ITR. Only when the return is verified, the income tax department picks up the ITR for further processing.
What are the ways to e-verify ?
There are many ways using which you can verify Income Tax Return like using Aadhaar OTP or Net Banking facility or by sending ITR V printout through post. Click here to know in detail.
Why to Check the ITR V Status ?
Once you have verified return, it is always recommended to check ITR V status. The reason being, sometimes there might have been some issues with your ITR V which you may not be aware of. Like, ITR is not yet processed even after verifying it or your refund (if any) hasn't been credited etc.
Hence, to keep yourself updated, it is a must for one to check his/her ITR V Status.Some of the examples of status are “Return submitted and verified”, “ITR V received” etc.
Now, the next question in your mind would surely be how do I check my ITR V status?
Relax! We are here to help you with this. Just follow these simple, eazy-breezy steps and find out your ITR V status within minutes!
But yeah, before I reveal the secret, promise that you'll not share it with anyone. Otherwise you will find monsters under your bed at night.
Step by step procedure on how to know your ITR V receipt status :
Step 1: Visit income tax efiling website. Here at the bottom-left hand side, you will find option ITR Status, click on this.
Step 2: Now you will be redirected to the page as shown below. Here fill-in the required details like your Permanent Account Number (PAN), Acknowledgement Number (which you can find from ITR V Form).
After this, enter the Captcha Code shown in the box and click on Submit button.
Step 3: Your ITR V status will be visible in front of you (as shown in the screenshot below). If there is any discrepancy in ITR V, then the message will be shown accordingly.
To Conclude
So, didn't I tell you, how easy it is to check ITR V status. Therefore, if you have filed and verified Income Tax Return then it's time to follow the above steps and find out ITR V status.You can check your ITR V status irrespective of the mode of verification i.e. either offline or online.
But if you haven't verified ITR yet, then it's high time you do so.
Because non-verification of income tax return (within 120 days) will make your filed return invalid. And this will make you liable to different notices, penalties and prosecution.
Keep following our blog for many more super-cool tips and tricks which will make your income tax life easy. Know your ITR refund status, updated & live, within minutes.
Happy Filing ????