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How to Download ITR-V Acknowledgement from Income Tax Portal?
Verifying your income tax return is a crucial step in the tax filing process in India. ITR filing is not considered complete until it has been properly verified. The verification of an income tax return confirms that the information provided in the return is true and accurate to the best of the taxpayer's knowledge. It also helps prevent fraudulent or incorrect filings.
In cases where electronic verification is not possible, taxpayers can physically verify their return by submitting a signed ITR-V (Income Tax Return-Verification) form to the Centralized Processing Center (CPC) in Bangalore. The ITR-V serves as proof of verification. This guide will help you understand how to download ITR-V acknowledgment from the Income Tax Portal.
What is ITR verification?
Verification means proving the authenticity of your income tax return. After you file your income tax return, the income tax department will need to verify the authenticity of your return. If the verification of your ITR is not done within 30 days, then your ITR filed earlier will be considered invalid. To do so, the department sends ITR Form V, which stands for ‘Income Tax Return – Verification.’ You are required to sign and submit it to the income tax department for verification, after which your filing process will be complete.
What is ITR V acknowledgment Form?
ITR Form V is a one-page document sent by the income tax department when returns are filed but not verified. It serves as a verification receipt and does not require a digital signature. You can download it from the income tax e-filing website or access it via email. While you can verify your ITR online, you also have the option to send a signed hard copy of the ITR-V to the designated address within 30 days of filing to complete the process. You must either e-verify your income tax return or sign this document and send it to the Central Processing Centre of the income tax department in Bangalore.
How to get Form ITR V Acknowledgement on the new portal?
ITR Form V is usually sent by the income tax department directly to your email. You are then required to print the form, sign it, and send it to the Central Processing Centre in Bangalore.
How to Download ITR-V Acknowledgement
You can also download the form online if you do not receive an email from the department. To ITR acknowledgment download, the following steps should be taken –
Step 1:
Visit the official website of the income tax department and log in to your account.
Step 2:
On your dashboard, click on the e-file > Income tax return. Click on ‘View Filed Returns to see the e-filed tax returns filed by you.
Step 3:
You will see a page with your filed returns. Click on the download form button next to your return details of the relevant assessment year.
Step 4:
Once the receipt is downloaded, send it to CPC Banglore within 30 days of filing the return.
Here’s how the ITR-V form looks like -
How to E-Verify Your Income Tax Return
Income Tax Return can be e-verified using the following 6 ways -
ITR Verification via Aadhaar-Based OTP
- Select ‘I would want to verify using OTP on the mobile number registered with Aadhaar’ on the e-Verify page and click Continue.
- A pop-up will appear. Tick the checkbox for ‘I agree to validate my Aadhaar details’ and click Create Aadhaar OTP.
- You will receive a 6-digit OTP on your registered mobile number. Enter the OTP to complete verification.
ITR Verification via Net Banking
- Select ‘Via Net Banking’ on the e-Verify page and click Continue.
- Choose your bank, click Continue, and log in to your net banking account.
- Find the e-Verify option under the Tax section. It will redirect you to the income tax portal.
- Select the appropriate ITR form and click e-Verify to complete the process.
ITR Verification via Bank Account
- Choose ‘Via Bank Account’ on the e-Verify page and click Continue.
- Ensure your bank account is pre-validated for generating the Electronic Verification Code (EVC).
- The EVC will be sent to your registered mobile number and email address. Enter the code to verify your ITR.
ITR Verification via Demat Account
- Similar to the bank account method, choose ‘Via Demat Account’ and click Continue.
- The EVC will be sent to your registered mobile number and email linked to your Demat account. Enter the code to complete verification.
ITR Verification via Bank ATM
- Use your bank’s ATM card to generate an EVC. This service is available for select banks, including Axis Bank, SBI, and ICICI Bank.
- Swipe your card, input your PIN, and select ‘Create EVC for Income Tax Filing’.
- The EVC will be sent to your registered mobile number and email. Enter the code on the e-filing portal to verify your ITR.
Offline ITR Verification (ITR-V Submission)
- If you choose offline verification, print the ITR-V form sent to your email or downloaded from the portal.
- Sign the form, place it in an A4-sized envelope, and send it to the CPC Bangalore address within 30 days of filing your ITR.
-
Address for submission:
Income Tax Department – CPC
Post Box No.1, Electronic City Post Office, Bangalore-560500, Karnataka
Note: Use only regular mail (no courier services).
How to Download Your Previous Years ITR?
Step 1: Log in to the e-filing portal using your credentials.
Step 2: Navigate to the e-file tab, select Income Tax Returns, and click on View Filed Returns.
Step 3:
- You will see a list of all income tax returns filed for different assessment years, along with their processing status.
- Select the relevant assessment year and click on Download Form to download the ITR.
- The downloaded form will display the processing status of your ITR and indicate whether there is an outstanding demand or refund.
Important things to know about ITR-V when submitting it to CPC Bangalore
Here are some important facts that you should know about filing, signing, and submitting ITR-V –
- When sending ITR-V in an envelope, each envelope should contain only one ITRV form of one taxpayer.
- The ITR-V form should be signed and submitted within 30 days of filing your income tax returns.
- If the ITRV form is not submitted either by submission to the CPC or by EVC mode or Aadhar OTP within 30 days from the date of filing the returns, Your ITR will be invalid (It means you have not filed an ITR )
- The form should be printed in black and it should be easily legible.
- You should put your signature on the form in blue ink.
- The form contains a bar code and a number beneath it. The bar code and the numbers should be clearly seen. You should not sign on them
- Use of a stapler should be avoided, and the form should not be folded
- The form should be sent in an A4-sized white envelope
- The form should be sent through speed post or ordinary post and should not be couriered.
How long does it take to receive the receipt for acknowledgment?
You should get the receipt for acknowledgment in your email ID within three weeks of mailing your ITRV form. If you don’t get it by then, you have to mail another copy of your income tax returns to the CPC income tax department.
The process of filing an ITR and verifying it can be a little intimidating, especially for laymen. If you are among those who find taxes complicated, you can consider seeking professional help. Our CAs ensure accuracy and maximum refund. Don’t wait for the last date to avoid last-minute hustle. Book your ecA now!
Frequently Asked Questions
Q- What is ITV-V Status?
ITR V status refers to the process of checking the status of your Income Tax Return (ITR) verification. This is crucial to ensure that your return has been successfully processed by the Income Tax Department.
Q- Can I get a duplicate Form ITR –V?
Yes, you can. If you lose Form ITR-V, which the income tax department mailed you, you can always visit the income tax department’s online website, log into your account, and download another copy of the form. Even if you had downloaded the form earlier, you can download it again if you lose the initial copy.
Q- Can I send a Xerox copy of Form ITR-V?
No, the original copy of the form containing your original signature should be sent.
Q- What is the due date for submitting ITR-V for verification?
You get a period of up to 30 days from the date of filing your returns for submitting Form ITRV.
Q- What happens when the form is not submitted within the given time?
If you fail to submit ITR-V within 30 days of filing your income tax returns, your return will become invalid, and it will not be processed by the income tax department. You might also get a tax notice for non-submission of the ITRV Form.
Q- Which documents should be submitted along with ITR-V?
You don’t need to submit any other document besides ITR-V.
Q- Is it possible to verify the income tax return without submitting Form ITR-V?
Yes, the income tax return can be verified even without Form ITRV. The verification can be done using the online mode through your email ID, phone number, Pan Card, Aadhar card, etc.
Q- I forgot my Acknowledgement Number, from where I can get it?
You can get your 15-digit acknowledgment number from ITR V.