Electrical impedance tomography (EIT) has been widely investigated as a nondestructive testing method for carbon fiber reinforced polymer (CFRP) composites. However, the performance of EIT method on the damage process monitoring of the composites is lack of investigation. Herein, quasi-static indentation tests were utilized to introduce damage on CFRP laminates. The damage evolution process was monitored by EIT, while the potential of distinguishing the elastic deformation stage from the plastic stage was analyzed with the aid of acoustic emission. It was found that the changes in conductivity first appeared in the non-central region. With the accumulation of damage, the conductivity changes gradually extended to the center region. The reconstructed damage images were in the crossover shape, which was consist with the micro-CT results that showed the fracture of fibers in ±45° direction. This work further promotes the application of EIT in damage process monitoring of CFRP components.