After you file an income tax return, the Department of Income Tax sends a document to the taxpayer’s registered email address as authentication of filing. This document is known as the Indian income tax return acknowledgement. Once you verify this acknowledgement, you will be able to complete the process of filing returns. This article will take you through how to download income tax return acknowledgement and the steps you need to follow for its verification.
What is ITR Acknowledgement?
The Indian Income Tax return acknowledgement is a tax document that serves as a validation of all your income and assets. Be it for loan, passport or VISA approvals, or purchase of the real estate, one document serves as proof for all the purposes.
Details Needed for Downloading ITR Acknowledgement
Before you go ahead and download your ITR Acknowledgement, make sure that you have successfully submitted a completed ITR-V form without using a digital signature. You must also keep your user id, that is, your PAN, and the login password handy if you are to download a copy of your acknowledgement.
ITR-V vs ITR Acknowledgement – What’s the Difference?
ITR-V stands for Income tax verification form. If the e-filing of the return is done without a digital signature, you get an acknowledgement receipt known as Income tax return acknowledgement of the ITR-V.
Key Takeaways
- Income tax returns declare a taxpayer’s income, investments, expenses, deductions, and more.
- After filing, you receive an Income tax return acknowledgement, as a proof of the return filing process.
- However, to use the Income Tax return acknowledgement as proof of income, every taxpayer must verify their returns either in-person or online.
Process of Downloading ITR Verification Form
You can download the ITR Verification Form, commonly known as the ITR-V Form, from the IT department’s official website by following these few simple steps:
- Visit the official income tax India website at www.incometax.gov.in and log in.
- Select the option ‘e-File’>’Income Tax Returns’>’View Filed Returns’ to see e-filed tax returns.
- To download the form, select ‘Download Form’ for the relevant assessment year.
And that is it, finally, you will be able to download your ITR-V Form to your device.
How to Get an ITR Acknowledgement Number?
Each income tax return has a unique acknowledgement number. You can find this when you download your return as well. Follow these steps to understand how to get the income tax return acknowledgement number.
- Go to the Income-tax website.
- Go to the e-file tab, then “Income tax returns”, and click on the “view filed returns” in the drop-down menu.
- Enter the relevant assessment year.
- You will find all the details, including who filed the return, the filing date, the status of the e-filing and the acknowledgement number. Further, you will have the option to download the ITR-V.
How to Download Income Tax Return Acknowledgement?
Following are the steps you must follow to download the Indian Income-tax return acknowledgement:
Downloading the Indian Income-tax return acknowledgement with login (Physical Verification)
- Step 1: First, go to the e-filing website of income tax https://www.incometax.gov.in/iec/foportal
- Step 2: Click on the “Login Here “tab. You need to have an account to operate this feature. If you don’t have an account, the first step would be to register yourself by creating an account.
- Step 3: Once on the login page, you need to enter your credentials. Here, you need to enter the User ID and the password you used to create your account. For security verification, enter the CAPTCHA given and then click on login. If you have forgotten the password, there is a facility to retrieve the password.
- Step 4: Go to the “My Account” section on the top bar.
- Step 5: There, you can see your PAN number. From the drop-down menu, choose the option “Income Tax return “and click Submit.
- Step 6: Next, click on the ITR V/ Acknowledgement. The password is your PAN, followed by your date of birth without any space in between. After entering your details, you will be able to download your acknowledgement.
Downloading the Indian Income-tax return acknowledgement without login (E-verification)
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What is the Default ITR Acknowledgement Form Password?
To guarantee that only the intended user can access the ITR V, it is sent to the assessee’s email address in a password-protected zip file. The Assessee’s PAN number (in small characters) and their birth date make up the ITR V Password. For instance, if the PAN is AAAAA0000A and the date of birth is January 10, 2008, the ITR V password would be aaaaa0000a10012008.
What Details are Included in the Indian Income-Tax Return Acknowledgement?
The Income-tax return acknowledgement is a receipt of your return filing. Therefore, some points or incomes may not apply to you during return filing. Similarly, before posting, you need to strike out whatever doesn’t apply to you in the acknowledgement.
The following details are available on the Income-tax return acknowledgement:
- PAN
- Name of the assessee
- ITR Form number
- E- filing acknowledgement number
- Section under which ITR has been filed
Conclusion
This article describes how to download income tax return acknowledgement clearly and easily. Once the verification process is complete, you should keep an eye on your ITR status in the portal. This is a must to check if you need to respond to any discrepancies. Normally, updating an ITR status takes between 30-45 days from receipt or e-verification of ITR-V. If successful, you can download the final ITR-V acknowledgement from the Income-tax portal.
FAQs
ITR-V stands for Income tax verification form. If the e-filing of the return is done without a digital signature, you get an acknowledgement receipt known as Income tax return acknowledgement of the ITR-V.
The Central Processing Unit (CPC) Bengaluru is responsible for assessing and processing income-tax returns. After all the details have been cross-checked, the Income Tax return acknowledgement status is updated on the portal. Any refunds or demands are also updated.
You can send more than one acknowledgement form while posting. There may be cases where you need to send an original and revised return. For example, there may be an employment change in some cases, and thus you need to submit information on two Form 16s.
If you fail to submit the ITR-V within the prescribed time, your income tax return submission is considered void. In other words, it means that you haven’t filed your return yet.
If you don’t verify your return, either physically or electronically, then the acknowledgement won’t be considered proof of filing the return.
To print you Income Tax Return Acknowledgement, visit the official Income Tax India website and log in with your user id (PAN) and password. Download your acknowledgement and print it as per your convenience.
To view your previous ITR Acknowledgement, logon to the e-filing portal and go to ‘My Account‘. From there,
Also read the Difference Between Direct and Indirect Tax on Investment Simplified.
