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With a view of minimize the cost of compliance of the taxpayers, the Central Board of Direct Taxes (CBDT) has taken several measures to make tax payment and statutory filings simple and convenient for the taxpayer, including-
These facilities have already substantially mitigated the problems of the taxpayers by reducing the time and effort required for discharging their statutory obligations and by minimizing the need to visit the Income-tax office. Moreover, streamlining of tax collection process is done on an on-going basis as part of revenue management.
To facilitate the taxpayers and to provide end-to-end e-enabled services, the Income Tax Return for A.Y. 2015-16 can be verified electronically.
A taxpayer may verify his return through Internet Banking or through Aadhaar based authentication process.
For the convenience of small taxpayer having total income of ₹ 5 lakhs or below without any claim of refund, facility for generating Electronic Verification Code (EVC) has also been provided on the E-filing website of the Department. Ins uch cases EVC will be sent to the registered email ID and mobile number of the taxpayer.
Person using this facility will not be required to submit a signed paper copy of ITR-Verification Form (ITR-V) to CPC Bengaluru.
In case a taxpayers is unable to electronically verify the ITR using the EVC for any reason, then, the signed copy of ITR-V may be sent within the specified time of 120 days to CPC Bengaluru by ordinary post or Speed Post.
Details regarding e-verification are available in Notification 2/2015 issued on 13th July 2015 at http://incometaxindia.gov.in/news/evc notification-13-07-2015.pdf.
This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.
E-verification of tax returns: electronic verification via internet banking, Aadhaar or EVC removes need for paper ITR-V submission. Administrative measures streamline tax compliance by enabling online PAN/TAN allotment, single-page bank challan, online tax payment, viewing of tax credits, e-filing of income-tax and TDS returns, centralized processing with electronic intimations, ECS direct credit of refunds, online rectification, Tax Return Preparer assistance, and Aayakar Seva Kendra single-window services; E-verification of returns is enabled via Internet banking or Aadhaar, with EVC issuance for eligible taxpayers to avoid submission of paper ITR-V, and paper ITR-V remains acceptable by post within the specified 120-day period.Press 'Enter' after typing page number.