Explanation to sub rule (3) of Rule 12 of the Income tax Rules 1962, states that the purposes of this sub-rule “electronic verification code” means a code generated for the purpose of electronic verification of the person furnishing the return of Jncome as per the data structure and standards specified by Principal Director General 0 Income-tax (Systems) or Director General of Income-tax (Systems). Further, Sub rule (4) of Rule 12 of the Income Tax Rules 1962 states that the Principal Director General of Income-tax (Systems) or Director-General of Income-tax (Systems) shall specify the procedures formats and standards for ensuring secure capture and transmission of data a~d shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies in relation to furnishing the returns in the manners (other than the paper form) specified in column (iv) of the Table in sub-rule (3) and the report of audit or notice in the manner specified in proviso to sub-rule (2).
In exercise of the powers delegated by the Central Board of Direct Taxes (‘Board’) under Explanation to sub rule 3 and sub-rule 4 of Rule 12 of the Income tax Rules 1962, the Principal Director General of Income-tax (Systems) lays down the procedures, data structure and standards for Electronic Verification Code as under: : The Electronic Verification Code (EVC) would verify the identity of the person furnishing the return of income (hereinafter called ‘Verifier) and would be generated on the E-filing website https://incometaxindiaefiling.gov.in or as otherwise indicated. The EVC can be used by a Verifier being an Individual to verify his Income Tax Return or that of an HUF of which he is the Karta in Income Tax Return Form 1, 2, 2A, 3, 4 or 4S or the Income Tax Return Form filed in ITR 5 or 7 of any person in accordance with Section 140 of the Income Tax Act. The EVC generation process may vary based on the risk-category of the Assessee (the term ‘Assessee’ is as defined in Subsection (7) of Section 2 of the Income Tax Act 1961), method of accessing the E-filing website or interface with third party authenticating entity. The Eve would be unique for an Assessee PAN and Will not valid for any other PAN at the time of filing of the Income Tax Return. One EVC can be used to validate on return of the Assessee irrespective of the Assessment Year or return filing type (original or revised) . The EVC will be stored against the Assessee PAN along Wit~ the other verification details. The EVC Will be valid for 72 hours or as otherwise specififed. The verifier can use more than one mode to obtain EVC and can generate the EVC multiple times. The notification will come into effect from the date of issue.
The Notification dated 13th July, 2015 No. 02/2015 can be accessed at the link given below.