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

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

FPJ BureauUpdated: Thursday, May 30, 2019, 01:20 PM IST
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New Delhi : 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.

“PNB and UBI have launched this facility which will facilitate the account holders, who may not have a netbanking account, to e-verify their return. Other banks are expected to launch this facility,” the Central Board of Direct Taxes (CBDT) said.

It also 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,” it said, reports PTI. Customers of State Bank of India, Axis Bank and Canara Bank can generate EVC through the respective bank’s ATMs. Other banks are also expected to offer this facility soon, the tax department said.

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