15.8.16

E-verifying without net banking: More banks to follow PNB,UBI

E-verifying without net banking: More banks to follow PNB,UBI


After Punjab National Bank and United Bank of India, more banks are likely to soon start a facility wherein an account holder can verify his income tax return on e-filing site even without having netbanking. Electronic Verification Code (EVC) can be generated by pre-validating the bank account on the e-filing portal of the Income Tax Department. 

CBDT said EVC can be generated by pre-validating a Demat Account on the e-filing portal. NSDL and CDSL have launched this facility which will facilitate the account holders to e-verify their return

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