Download ITR Acknowledgement Form Online

Filing income tax returns is a yearly ritual for millions of Indians. After submission, the Income Tax Department provides an ITR acknowledgement form as proof of filing. This document is essential for various financial activities in India. Many taxpayers struggle to download ITR acknowledgement forms, unsure of the exact procedure to follow. The acknowledgement serves as official proof that your return has been received by the tax authorities.

The ITR acknowledgement form contains your personal information, filing details, and a unique reference number. Without this form, you might face difficulties proving you have fulfilled your tax obligations. Banks and financial institutions often request this document when processing loan applications, including home loans from trusted providers like Bajaj Housing Finance.

This article will guide you through the process of downloading your ITR acknowledgement form online, explain its importance, and provide step-by-step instructions to make the task easier. Whether you need to download ITR acknowledgement for loan applications or other financial purposes, these guidelines will help you navigate the process smoothly.

What is ITR Acknowledgement?

The ITR acknowledgement form is an official receipt generated by the Income Tax Department after you submit your income tax return. This document contains your PAN details, assessment year, filing date, and a unique acknowledgement number. When you download ITR acknowledgement, you receive proof that the tax department has accepted your return for processing.

The acknowledgement form is not the final processed return but confirms your filing attempt has been registered. You must keep this document safe as it may be required for various financial transactions such as loan applications and visa processes.

Benefits of ITR Acknowledgement Form

How to download ITR Acknowledgement with PAN

To download ITR acknowledgement using your PAN, first visit the official Income Tax e-filing portal (www.incometax.gov.in). Log in with your credentials including your PAN and password. Navigate to the "e-File" section and select "Income Tax Returns" from the dropdown menu. Click on "View Filed Returns" to see all your previously filed returns.

Select the assessment year for which you want to download ITR acknowledgement. Click on the "Download" button next to the relevant return. The system will generate and download the ITR-V form to your device. This document serves as your official acknowledgement and can be printed or saved for future reference.

How to check ITR status by Acknowledgement Number

After you download ITR acknowledgement, you may need to check its processing status. Visit the Income Tax e-filing portal and log in with your credentials. Navigate to the "Services" tab and select "ITR Status" from the options. Enter your PAN and the acknowledgement number found on your ITR-V form.

The system will display the current status of your return processing. Common status messages include "Successfully e-Verified," "Pending for e-Verification," or "Under Processing." If your return has been processed, you may see "Processed" or "Refund Issued" status. Regular monitoring helps track your refund or identify any discrepancies that require attention.

Most important date for Income Tax Return filing for FY 2024-2025

After these dates, you might not be able to download ITR acknowledgement for the relevant period without penalties. Filing early ensures adequate time to address any issues that might arise during processing.

Difference between ITR Acknowledgement and Verification Form

When you download ITR acknowledgement, remember it is different from verification. Without proper verification, your return is considered invalid even if you have the acknowledgement form. Bajaj Housing Finance and other financial institutions check both the acknowledgement and verification status when processing home loan applications.

How to apply for Bajaj Finserv Home Loan

• Click on the 'APPLY' button on the home loan section of the Bajaj Finserv website.
• Enter your basic details including full name, mobile number, and employment type.
• Select the type of home loan you wish to apply for - fresh loan, balance transfer, or top-up. Each loan type has specific benefits, with interest rates starting from 8.25%* p.a
• Verify your phone number through OTP authentication.
• Provide additional details such as monthly income, required loan amount, and property information. Bajaj Housing Finance offers loans up to Rs. 15 crore* based on eligibility.
• Enter your date of birth, PAN number, and other occupation-specific details as requested.
• Submit your application and wait for a representative to contact you. Approval typically happens within 48 hours* of document submission.

Eligibility criteria to get home loan from Bajaj Finserv

When applying for a home loan, understanding the difference between TDS and income tax return helps in preparing your financial documents correctly. Here are the eligibility requirements for a Bajaj Housing Finance Home Loan:

• Indian citizenship and residence in India. Bajaj Housing Finance home loans are exclusively available to Indian citizens residing within the country.
• Age between 23-67 years for salaried applicants and 23-70 years for self-employed professionals. The upper age limit is considered at the time of loan maturity, allowing for flexible repayment planning.
• CIBIL Score of 725 or higher is preferred. A good credit score helps secure better home loan interest rates, potentially as low as 8.25%* p.a.
• Employment as a salaried employee, professional individual, or self-employed person. Different employment categories have tailored documents required for home loan applications.
• Valid KYC documents including identity and address proof. Properly verified identity documents expedite the approval process.
• Income proof such as salary slips or P&L statements. These documents help determine your loan eligibility amount, which can go up to Rs. 15 crore*.
• Business proof for self-employed applicants. Self-employed individuals need to demonstrate business stability for loan approval.
• Bank account statements for the last 6 months. Regular income flows help secure more favourable home loan interest rates and terms.

Conclusion

Managing your tax documents efficiently is crucial for financial planning and loan approvals. When you download ITR acknowledgement forms promptly, you create a reliable paper trail that supports various financial applications. This documentation becomes particularly valuable when applying for a home loan from trusted lenders like Bajaj Housing Finance.

Bajaj Housing Finance offers exceptional home loan options with interest rates starting from just 88.25%* p.a. Their flexible repayment tenure of up to 32 years makes EMIs more manageable for homebuyers. With loan amounts available up to Rs. 15 crore* based on eligibility, they cater to diverse property investment needs across India.

The home loan application process with Bajaj Housing Finance is streamlined for your convenience: 

• Quick disbursal within 48 Hours*.
• No foreclosure fees for floating interest rates.
• Balance transfer facility with top-up loan options up to Rs. 1 crore.
• Doorstep document pickup service for hassle-free applications.

The top-up loan feature provides additional funds that can be used for various purposes including home renovations, education expenses, or medical emergencies. This flexibility makes Bajaj Housing Finance home loans a comprehensive financial solution for homeowners.

Remember that maintaining proper documentation, including your ITR acknowledgement forms for the past few years, strengthens your home loan application. Bajaj Housing Finance values financial discipline and rewards it with competitive interest rates and favourable terms.

Take action today to organise your ITR acknowledgements and explore the beneficial home loan options from Bajaj Housing Finance. Your dream home is just an application away!