Now you can
validate your e-return using Aadhar Card. CBDT recently announced that income
tax assesses filing income tax return online no longer require to submit paper
acknowledgement by post. Aadhar based verification is enough to validate this
document.
New column is
introduced in ITR form for 2015-16 for Aadhar card. For online e-return filing
assesses can provide Aadhar card which needs to be validated on official income
tax site using OTP (one time password). You can download ITR form for 2015-16
from income tax website.
New process of validating Income tax return by aadhar card is
given below.
·
E-filer first needs to register his Aadhar Number in ITR.
·
System will check and instruct UIDAI database to send OTP to
register mobile number of taxpayer.
·
Tax payer need to validate this OTP on e-filing website while
filing return.
Graphical representation of validation of Income tax return by
Aadhar card is given below:-
This is new way
to verify returns. This facility will be available on income tax site soon. Tax
payer will be happy as they need not to do paper work for sending ITR
acknowledgement to CPC Bangalore. As per current process tax payer need to send
this acknowledgement by register post or speed post to CPC Bangalore within 120
days of filing tax return online. Elimination of paper work is very good move
and it will ease entire process. It will also help tax payer by generating tax
refund faster.
Tax payer always had apprehension that hard copy of ITR-V will be
received at CPC or not. Although they are sending ITR –V by speed post or
register post they often receive a message from CPC that ITR-V is not received.
This step will not only help tax payer it will also help Income tax department
by removing non value adding activity of physical processing of Income
Tax return.