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Electronic Verification Code News

Income-Tax Department

04 Apr 2016

Tax Dept issues refunds of over Rs 1.17 lakh crore

Income-tax Department issued tax refunds of over Rs 1.17 lakh crore in the last financial year ended March 31, of which Rs 37,870 crore was done in an automated manner.

22 Jan 2016

Tax payers can now e-verify ITRs using bank, demat a/c details

Currently an Income-Tax Return or ITR can be e-verified by using internet banking, email or an Aadhaar number-generated One Time Password (OTP).

17 Apr 2015

End of paper trail in e-filing of I-T returns; Aadhaar added

In a major step aimed at easing taxpayer grievances, CBDT on Friday announced that assessees filing I-T returns online will no longer have to send the paper acknowledgement by post as a new Aadhaar-based electronic verification code has been launched to authenticate this document.

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