ITR 2021-22: Using the Demat account to verify your income tax return

Once the ITR 2021-22 is filed, the taxpayer needs to verify their return within 120 days, or it is deemed invalid

The income tax department (I-T department) has set the last date for filing the income tax return for the financial year 2021-22 (ITR 2021-22) as July 31, 2022. For the individuals that require an audit, the last date has been fixed as October 31. However, once the ITR is filed, the taxpayer must verify their return within 120 days, or it is deemed invalid.

Here is a guide to e-verify your ITR using the Demat account

The Demat account or the dematerialisation account is the account where the investors hold their shares and securities in electronic form. It is used