More number of banks are introducing a facility for their customers under which an account holder can verify his income tax return on the e-filing site even without a net banking account. Punjab National Bank and United Bank of India are already offering this service to their customers. Using this facility, an Electronic Verification Code (EVC) can be generated by pre-validating the bank account on the e-filing portal of the income tax department. An EVC can also be generated by pre-validating a demat account on the portal. Customers of State Bank of India, Axis Bank and Canara Bank can generate an EVC through the banks’ ATMs. The e-verification facility of IT returns was used by over 7.5 million taxpayers till 5 August as compared to 3.2 million last year till 7 September.
