- TG Team
- | Income Tax
- 06 Aug 2016
- 22,154 Views
- 1 comment
Use your NSDL demat account details to generate EVC (Electronic Verification Code) for e-Filing of Income Tax return
As you may be aware, the Income Tax Department (ITD) has introduced the facility of Electronic Verification Code (EVC). EVC is introduced to make the e-filing process of income tax returns simpler and completely paperless. Now, you just have to put an EVC after filing your income tax return and you are done with e-filing. EVC can also be used for other services of Income Tax Department.
What is EVC and how is it generated using NSDL demat account?
Electronic Verification Code (EVC) is a 10 digits alpha numeric code and can be generated easily online. For NSDLdemat account holders, it is now possible to generate the EVC using your demat account, if your mobile number or email ID is registered in your demat account. The option to generate EVC through demat account number is made available on the ITD website post login.
What is necessary to generate EVC?
- You need to have demat account with NSDL.
- Keep your demat account number i.e. DP ID and Client ID, handy.
- Either mobile number or email id should be registered in NSDL demat account.
- EVC will be sent to mobile and/or email ID.
Process of generation of EVC:
Step 1: Prevalidate your Demat Account
- Register your Demat Account Number with ITD for EVC service through option of ‘Pre validateYour Demat Account’ provided by ITD under head of ‘Profile Setting’.
- All the above details along with PAN and name as per e-filing portal will be validated against the details of the tax payer registered with NSDL database. Once your demat account details are prevalidated, you will get an option to generate EVC as given in step 2.
Step 2: Generate EVC – Through Demat Account Number
- After step 1 of pre-validation of Demat account is successfully completed; you can opt for ‘EVC –Through Demat Account Number’ option while verifying the income tax return.
- The EVC generated will be sent on the registered mobile number and/or email id. The EVC received needs to be entered on the ITD website for e-filing and you are done with your e-filing process. Post this, returns will be sent for further processing.
Note: This facility has been made LIVE by ITD for NSDL demat account holders only.
More Under Income Tax
Posted Under
One response to “How to Use NSDL demat account details to generate EVC”
Leave a Reply
Latest Posts
- 28% GST Payable on ‘Disc Brake Pads’: AAR Tamilnadu
- MCA Updates For The Month Of August 2018
- Interest on income tax refund not eligible for deduction U/s. 80IE
- Invocation of rule 8D justified if exempt income is earned
- Tax cannot be levied On Gain from Sale of Agricultural land based on intention of Buyer to use the land for business purpose
- Payment of one-time fee to continue mining business: capital expenditure or revenue?
- State GST Officers can Inspect, Search & Seize Goods under IGST Act
- HC explains Accrual of liability under mercantile system of accounting
- Understanding Newly Notified Form GSTR- 9C
- Goods Transported without E-Way Bill; HC refuses to provide relief to Habitual Offender
Popular Posts
- Extend due date to submit Tax Audit Reports & ITR: ICAI requests 3rd time
- An Open Letter to FM for Tax Audit Due date extension
- Extend Tax Audit Report Due Dates – Taxation Bar Association
- Extend Tax Audit / ITR Due date to 30th November 2018- AGFTC & ITBA
- Online GST Course for GST Practitioners and Others
- Extend Tax Audit due date to 31 October 2018: BJP economic Cell (Rajasthan)
- Form DIR-3 KYC- No further extension- ICSI Representation- Din Deactivation Starts
- Direct Mutual Funds Can Help You Earn So Much More
- 5 Reason why I Oppose Extension of Tax Audit due date
- How to claim GST refund on supplies to SEZ unit / developer (without tax payment)
I want to use my NSDL demat a/c to generate EVC. How to register with ITD?