Tax Glossary Definition
ITR Verification – The process of authenticating an e-filed Income Tax Return through Aadhaar OTP, Electronic Verification Code (EVC), or by sending a signed physical ITR-V to CPC Bengaluru. Verification is mandatory for the return to be treated as valid. Example: A taxpayer can verify their ITR instantly using an OTP sent to their Aadhaar-linked mobile number.
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