Two additional modes of generating Electronic Verification Code (EVC) have been notified By pre-validating Bank account details and By pre-validating Demat account details.
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.... of Income Tax (Systems) Notification No. 1/ 2016 New Delhi Dated the 19th day of January 2016 Subject: Electronic Verification CODE (EVC) for electronically filed Income Tax Return - Additional Modes. Explanation to sub rule (3) of rule 12 of the Income tax Rules 1962, states that for the purposes of this sub-rule "electronic verification code" means a code generated for the purpo....
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....specified in proviso to sub-rule (2). 2. In exercise of the powers delegated by the Central Board of Direct Taxes ('Board') under Explanation to sub rule 3 and sub-rule 4 of Rule 12 of the Income tax Rules 1962, the Principal Director General of Income-tax (Systems) lays down the procedures, data structure and standards for additional modes of generation of Electronic Verification Code in....
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....ssessee can opt for "Generate EVC using bank account details" option while verifying the Income tax return. Generated EVC will be sent by e-filing portal to taxpayer's Email ID and/or Mobile Number verified from bank. List of Banks participating in this facility will be as provided in https://incometaxindiaefiling.gov.in Case (6): Where the EVC (Electronic Verification Code) is ge....