The Income Tax Department has widened the ATM-based validation system for filing e-ITR’s by taxpayers with the inclusion of AXIS Bank, after State Bank of India, as part of its measure to enhance the paperless regime of filing the I-T returns. Now, Electronic Verification Code (EVC) can also be generated by pre-validating Automated Teller Machine (ATM) provided by AXIS Bank. SBI has activated the same last month.
By Abhishek Soni
Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.View all of Abhishek Soni's posts.