Indians who file Income Tax Returns online would know that the filing process involved two steps -
- e-Filing the returns
- Posting the ITR-V form to CPC, Bengaluru by Post
Everyone including Income Tax department wanted to get rid of the second step due to multiple reasons, the prime one being tax payers missing out the sending part! Multiple modes were being talked about and finally this year it has materialized. This year onward, taxpayers who e-file the returns need not send ITR-V by post but are required to electronically verify the returns using an EVC (Electronic Verification Code).