Process Note on the Modes of E-verification of Returns for NRI’s
KORAH AND KORAH, CHARTERED ACCOUNTANTS
A. The different modes available for NRI’s are as follows:
✓ Aadhaar OTP
✓ Electronic Verification Code using a Bank Account
✓ Electronic Verification Code using the Demat Account
✓ Net Banking
B. Pre-requisites for availing these services
|OTP on mobile number registered with Aadhaar
|PAN is linked with Aadhaar
|Bank Account EVC / Demat Account EVC
|Pre-validated and EVC-enabled bank / Demat account
|PAN linked with your bank account and net Banking should be enabled for the preferred bank account
a) e-Verification by generating Aadhaar OTP
Step 1: On the e-Verify page, select ‘I would like to verify using OTP on mobile number registered with Aadhaar’ and click ‘Continue’.
Step 2: On the Aadhaar OTP page, select the ‘I agree to validate my Aadhaar Details’ checkbox and click ‘Generate Aadhaar OTP’.
Step 3: Enter the 6-digit OTP received on mobile number registered with Aadhaar and click ‘Validate’.
b) e-Verification by generating Electronic Verification Code (EVC) through Bank Account
Step 1: On the e-verification page, select ‘Through Bank Account’ and click ‘Continue’.
Note:EVC will be generated and will be sent to the mobile number and email ID registered with the pre-validated and EVC enabled bank account.
Also please note that for enabling EVC through bank account, the same must be integrated with e-filing. Following are the list of banks integrated with e-filing:
✓ Canara Bank
✓ Central Bank of India
✓ City Union Bank Ltd
✓ Federal Bank Ltd
✓ HDFC Bank Ltd
✓ ICICI Bank Ltd
✓ IDBI Ltd
✓ Karur Vysya Bank
✓ Kotak Mahindra Bank
✓ State Bank of India
✓ UCO Bank
✓ Axis Bank
✓ Indian Bank
✓ Indusind Bank Ltd
✓ Karnataka Bank Ltd
✓ Yes Bank Ltd
In case if the taxpayer does not possess bank accounts in any of the banks listed above and fails to verify his return using any of the verification methods (i.e., using DSC/ EVC/ Aadhaar OTP/ Physical Verification), an alternative facility has been provided by the new Income Tax Portal to e-verify return with an acknowledgement number and a valid 10-digit mobile number.
Step 2: Enter the EVC received on mobile number and email ID registered with the bank account in the ‘Enter EVC’ textbox and click ‘e-Verify’.
c) e-Verification after generating Electronic Verification Code (EVC) through Demat Account
Step 1: On the e-Verification page, select ‘Through Demat Account’ and click ‘Continue’
Note: EVC will be generated and will be sent to your mobile number and email ID registered with the pre-validated and EVC-enabled Demat account.
Step 2: Enter the EVC received on mobile number and email ID registered with the demat account in the ‘Enter EVC’ textbox and click ‘e-Verify’.
d) e-Verification using Net Banking
Step 1: On the e-Verification page, select ‘Through Net Banking’ and click ‘Continue’.
Step 2: Select the bank through which you want to e-verify and click ‘Continue’.
Step 3: Read and understand the disclaimer. Click ‘Continue’ and the taxpayer will be redirected to Net Banking login page of the Bank Account.
Step 4: Log in to your Net Banking using your Net Banking user ID and password.
Step 5: Click the link to log in to e-Filing from your bank’s website. On successful login, go to the respective ITR and click ‘e-Verify’. The ITR will be e-Verified successfully.