As New I-T Portal ‘Stabilises’, Department Urges Taxpayers to File ITRs at The Earliest

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New Delhi: The income tax department has said the performance of the new I-T portal has “substantially stabilised” and urged taxpayers to file their income tax returns for the financial year 2020-2021 at the earliest. Infosys CEO on Wednesday echoed the same sentiment, saying the portal is seeing “steady progress” and taxpayers’ concerns are being “progressively addressed”. He, however, did not mention by when will technical glitches be fully resolved and all functions on the portal will be available to tax filers.Also Read – IT Jobs: Infosys to Hire 45,000 College Graduates After Posting Strong Results in Second Quarter

The e-filing portal of the Income Tax Department has marked receipt of more than 2 crore Income Tax returns as on 13th October 2021, a government statement released on Thursday said. The new portal was launched on 7th June, 2021 and in the initial period taxpayers had reported glitches and difficulties in the functioning of the portal. A number of technical issues have since been resolved and the performance of the portal has substantially stabilized, the statement said. Also Read – Income Tax Return: Taxpayers Can File ITR for Free, Avail 4 Benefits

Over 13.44 crore unique taxpayers have logged in till 13th October, 2021. Approximately 54.70 lakh taxpayers have availed of ‘forgot password’ facility to obtain their passwords. All Income Tax Returns have been made available for e-filing. More than 2 crore ITRs for AY 2021-22 have been filed on the portal, of which ITRs 1 & 4 constitute 86%. Also, more than 1.70 crore returns have been e-verified, out of which 1.49 crore are through Aadhaar based OTP. The process of e-verification through Aadhaar OTP and other methods is important for the Department to commence processing of the ITR and to issue refunds, if any. Also Read – Income Tax Return: CBDT Issues ITR Refunds Of Over Rs 82,000 Crore; Direct Link To Check Status

Another top 10 points to know for this big story:

  1. Of the verified ITRs 1 & 4, over 1.06 crore ITRs have been processed and over 36.22 lakh refunds for AY 2021-22 have been issued. Processing of ITRs 2 & 3 will be taken up shortly.
  2. The Digital Signature (DSC) registration of non-residents has been enabled and overall 4.87 lakh DSCs have been registered. In the simplified process of DSC registration an individual has to register his DSC only once and can use it across any entity where the individual is a partner, director, etc without having to re-register again against each entity or role.
  3. Over 15.72 lakh Statutory Forms have been submitted including 9.08 lakh TDS statements, 1.29 lakh Form 10A for registration of Trusts/institutions, 1.98 lakh Form 10E for arrears of salary, 23,920 Form 35 pertaining to filing of Appeal and 22,075 DTVSV Form 4 till 13th October, 2021.
  4. In response to feedback from taxpayers, the submission process of 15CA and 15CB forms required for foreign remittances has been revamped.
  5. Over 1.83 lakh 15CA and 37,870 15CB forms have been filed.
  6. More than 21.40 lakh e-PANs have been allotted online free of cost.
  7. The Legal Heir functionality has been enabled for registrations and compliance.
  8. Further, e-proceedings and faceless proceedings have been enabled with functionalities including video conferencing for assessment and seeking adjournments or appointment and filings by Authorized Representatives.
  9. Taxpayers have been able to view over 12.20 lakh Notices issued by the Department under the Faceless Assessment/Appeal/Penalty proceedings, to which over 6.24 lakh responses have been filed.
  10. The Income Tax Department has urged all taxpayers to view their Form 26AS through the e-filing portal to verify the accuracy of the TDS and Tax Payments and avail of pre-filing of ITRs.

(With inputs from IANS)

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