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The Income Tax department on June 7, 2021, launched its new e-filing portal www.incometax.gov.in. This new portal aims to provide convenience and a modern, seamless experience to taxpayers. However, many technical glitches have been reported by taxpayer ever since its launch. The ICAI also made a presentation on all the reported issues and presented during a meeting with finance ministry officials and Infosys representatives.
The new e-filing portal has many features and benefits, some of them are immediate processing of income tax returns (ITRs); all-in-one dashboard to observed interactions and uploads or pending actions; the seamless way to update their profile; more detailed helpful content for taxpayers; Function to file Income Tax Forms, Add tax professionals, Submit responses to Notices in Faceless Scrutiny or Appeals. Check the news and articles below to know the latest update about the new e-filing portal.
Comparing observed inadequacy with ultraist purposes like an anti-national plan to destabilize the administration is inexcusable when talking about icons like Nandan Nilekani, Infosys, and the information technology (IT) industry in general. The industry’s offering to India’s development is a matter that justifies no recurrence. Recently an article was issued in the Rashtriya Swayamsevak Sangh […]
Form 26AS has all the required details of tax deducted concerned with the taxpayer by the deductor i.e. bank, employer etc. Therefore all the deductions of TDS which are shown in Form 16A/Form 16 can be cross-verified by the means of Form 26AS. It is to be noted that the amount of TDS should be […]
Every year there are some changes that are started in the forms provided to furnish the income tax returns and processes engaged, that the assessee must find out. Indeed in this year, there are some amendments that are built to the forms and engaged with the processes. There are certain revisions that you must find […]
The Central Board of Direct Taxes (CBDT) has decided to extend the due date deadlines for the financial year 2020-21 (AY 2021-22) income tax returns (ITR) due to the crash and glitches faced on the income tax website. As per the reports, 30th September 2021 is the last date for the ITR filing but now […]
The income tax portal is the toughest interface between the income tax department and the assessee of the country. Besides allowing e-filing of the ITR for users the portal has been practised with the intention of executing the other work concerning tax assessments like monitoring the notice provided through the council, giving specific responses to […]
The government has initiated the new ITR filing portal dated 7th June 2021 for enhancing the efficiency of the IT portal, the effective user interface, and the more satisfying user services. But since the start of its launch, the portal is seeing issues such as it is not able to furnish the ITR on the […]
ITR filing is important for all specific people if their taxable income exceeds Rs 250,000 per year. According to the ITR rules, the ITR filing is also important for the person who has furnished more than 1 lac in electricity bills or offered foreign travel exceeding Rs 2 lakh in the financial year. But the […]
The Income Tax Department has revised the Income Tax Return software to eliminate the failure due to incorrect calculation of interest beneath Section 234A and late fee beneath Section 234F of the Income Tax Act, 1961. “The ITR software was rectified on 1st Aug 2021 itself to remove the error due to incorrect computation of […]
You shall be amazed to know that since July 24, every day more than 1 lakh income-tax returns have been filed on the new web portal of the Income Tax Department. Worth mentioning here that the new website of the Income Tax Department was launched on June 7 of this year. In fact on Tuesday […]