New online tax payment system, mobile app to be launched later: CBDT on upcoming e-filing portal

0
69


Image Source : FILE PHOTO

A proposed new online tax payment system and a mobile app on its soon-to-be launched superior e-filing web site will be activated on June 18, CBDT mentioned. (Representational picture)

The CBDT on Saturday mentioned a proposed new online tax payment system and a mobile app on its soon-to-be launched superior e-filing web site will be activated on June 18 even because the portal will go dwell on Monday.

The new e-filing hyperlink — www.incometax.gov.in — will change the HYPERLINK “http://existing www.incometaxindiaefiling.gov.in” from June 7.

“It is clarified that the new tax payment system will be launched on June 18, 2021 after the advance tax instalment date to avoid any taxpayer inconvenience,” the CBDT mentioned in a press release.

It had earlier mentioned that the upcoming web site will allow a brand new online tax payment system with a number of new payment choices utilizing web banking, UPI, bank card and RTGS/NEFT from any account of taxpayer in any financial institution, for simple payment of taxes.

“The mobile app will also be released subsequent to the initial launch of the portal, to enable taxpayers to get familiar with the various features,” the CBDT mentioned.

The Central Board of Direct Taxes (CBDT) frames coverage for the Income Tax Department and the e-filing web site is utilized by the taxpayers to file their tax returns and carry out different transactions with the division.

“Familiarisation with the new system may take some time, so, the department requests the patience of all taxpayers/stakeholders for the initial period after the launch of the new portal and while other functionalities get released since this is a major transition,” the assertion mentioned.

It mentioned the brand new web site is aimed toward “providing taxpayer convenience and a modern, seamless experience to taxpayers”.

It is one other initiative by the CBDT in the direction of offering ease of compliance to its taxpayers and different stakeholders, it added.

The new taxpayer-friendly portal is built-in with fast processing of Income Tax Returns (ITRs) to difficulty fast refunds to taxpayers and all interactions and uploads or pending actions will be displayed on a single dashboard for follow-up motion by the taxpayer, it mentioned.

It can even have a free ITR preparation software program with interactive questions to assist taxpayers to file ITRs 1, 4 (online and offline) and ITR 2 (offline) to start with and the ability for preparation of ITRs 3, 5, 6, 7 will be made accessible shortly, the assertion mentioned.

Taxpayers will be ready to proactively replace their profile to present sure particulars of earnings together with wage, home property, enterprise/career which is able to be utilized in pre-filling their ITR within the new internet port.

Detailed enablement of pre-filling with wage earnings, curiosity, dividend and capital good points will be accessible after TDS (tax deducted at supply) and SFT (assertion of economic transaction) statements are uploaded (due date June 30, 2021), it mentioned.

A brand new name heart for taxpayer help for immediate response to taxpayer queries can be deliberate and the portal could have detailed FAQs, consumer manuals, movies and chatbot/dwell agent additionally.

Functionalities for submitting earnings tax varieties, add tax professionals, submit responses to notices in faceless scrutiny or appeals would be accessible, the CBDT mentioned. The current internet portal is at present underneath a “blackout period” of six days until June 6.

Latest India News





Source hyperlink