Electronic Verification Code generation expanded to include bank and demat pre-validation for e filed income tax returns. The notification adds two EVC generation modes by pre-validating bank account details (account number, IFSC, Email, Mobile) and demat account details (demat number, Email, Mobile) via the e filing Profile Settings; provided PAN and name match, successful validation by the bank or depository allows the assessee to generate an EVC which is sent to the Email ID and/or Mobile Number verified by the validating institution, with participating banks and depositories to be listed on the e filing portal.