Aadhaar OTP based EVC of ITRs-Maximum 5 OTP requests for a single Aadhaar can be made within a span of 30 minutes.
Aadhar based OTP is one of the Electronic Verification options of verifying submission of the Income Tax Returns (ITRs). Other options for generating Electronic Verification Code (EVC) are through Net Banking, Bank account, demat account, ATM.
If no electronic verification is done one can still verify ITR by sending a signed copy of ITR-V Acknowledgement receipt to the department.
The Income Tax Department has issued an advisory on the limit on the use of Aadhaar based OTP for generating EVC for verification of ITRs.
It has been stated that as per new restrictions placed by UIDAI, a maximum of 5 OTP requests for a single Aadhaar can be made within a span of 30 minutes.
Taxpayers have been advised to give sufficient time before multiple submissions for Aadhaar OTP.
Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…
Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment - ITAT In…
Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…
CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…
Power of CIT(A) under section 251(1)(a) to remand case could be exercised only when the assessment is passed u/s 144…
ICAI (Global Networking) Guidelines, 2025 kept in abeyance In February 2026, ICAI had issued ICAI (Global Networking) Guidelines 2025 to…