Aadhaar OTP, electronic verification: Ways to verify Income Tax return

Dheeraj Basantani, associate partner at Forvis Mazars, said: “ITR must be verified within 30 days from the date of filing return of income. If the ITR submitted is verified beyond the time-limit of 30 days, in such cases date of verification shall be treated as date of furnishing of return and all consequences of late filing of return shall apply. For instance – date of filing of ITR is 25th July, date of verification is 30th August. In such case, since ITR is verified post due date (i.e 31st July, in case of individuals), date of filing shall be deemed to be 30th August.”