Here's how to do ITR verification for AY 2020-21: Check step-by-step guide
Zee News
ITRs can be verified until February 28, 2022, regardless of whether they are delayed due to non-submission of ITR-V or e-verification.
New Delhi: The deadline to verify the income tax return (ITR) for the previous assessment year, i.e., AY 2020-21, is approaching, and those who haven't already done so should do so as soon as possible. The deadline to validate your income tax return for the fiscal year 2020-21 is Monday, February 28, 2022.
ITRs can be verified until February 28, 2022, regardless of whether they are delayed due to non-submission of ITR-V or e-verification. The tax agency will finish the returns by June 30, 2022, once the ITR has been authenticated.
According to the new income tax laws, the ITR must be validated within 120 days of filing. If it is not confirmed, the return is referred to as a 'Defective Return,' and the tax agency will not accept it until it is verified. In such circumstances, it is presumed that the individual did not file a tax return for the relevant tax year.
An ITR can be confirmed in six different methods. Individuals might verify it in the following ways:
1- Using an Aadhaar OTP