Features of New Income Tax Portal

The Central Board of Direct Taxes (CBDT) has dispatched the new income tax e-filing portal on 7th June 2021. The new gateway ‘www.incometax.gov.in’ has supplanted the current e-filing entry ‘www.incometaxindiaefiling.gov.in’. The citizens will presently need to document their income tax returns (ITRs) and do any remaining tax related assignments through the new gateway. The portal is being overhauled for the accommodation of the citizens that will give the income tax return filing and other tax related administrations in a cutting edge and consistent way.

Table of Contents

What is an Income Tax Portal?

Citizens utilize the e-filing portal to document their Income Tax Returns (ITR). Aside from recording the ITR, the portal can be utilized to look for discounts and raise grievances. The Income Tax Department utilizes the portal to get reactions from citizens in regards to any questions. All correspondence in regards to punishments, exclusion, and requests is done on the gateway also.

The New Income Tax Portal was launched on 20 May 2021 with another plan that offers better comfort to citizens. All tax related errands can be finished on the new portal.

What are the features of the Income Tax Portal?

  • ITR Processing: The new easy to use entrance will promptly handle the personal expense form recorded by a citizen. The quick handling of the annual expense forms will empower speedy discounts to the citizens.
  • Free ITR Preparation Software: The citizens will profit from the free ITR planning programming. Right now, ITR-1 and ITR-4 programming are accessible on the web and disconnected, and ITR-2 is accessible on the web. Other ITR arrangement programming for ITR-3, ITR-5, ITR-6, and ITR-7 will be accessible soon. The intuitive inquiries accessible in the product will make the e-documenting process more straightforward.
  • Call Centre Services: The new online interface is incorporated with ‘another call community’ for sure-fire reaction to inquiries. Also, itemized FAQs, instructional exercises, recordings and chatbot/live specialists address the citizens’ issues.
  • Single Dashboard Interaction: A citizen can see every one of the co-operations, transfers, and forthcoming activities in a solitary dashboard alongside the subsequent activity.
  • Numerous Payment Options: The new portal will accompany various instalment choices for a citizen. These choices incorporate RTGS/NEFT, Visa, UPI and net banking by means of any record of a citizen in any bank. It will empower simple instalment of charges. The income tax division will empower such office later 18th June 2021 to stay away from any trouble to the citizens to pay first portion of advance expense.
  • Versatile Application: A versatile application with every one of the fundamental elements of the new portal will be dispatched accordingly. The citizen can get to the application through a versatile organization anytime.
  • Pre-filled ITRs: The new gateway permits pre-filling of certain subtleties identified with specific wages. It very well may be identified with Salary, house property, business/calling, and so on. More over it empowers the nitty-gritty pre-filling of subtleties of Salary income, interest, profit and capital increases. The pre-filling will happen when the concerned substances transfer the TDS and SFT statements.

Things to be done by taxpayers on income tax portal

  • The citizens need to re-register their Digital Signature Certificate as the old Certificate isn’t relocated because of some security issues.
  • They need to likewise refresh their ID and Mobile Number under their profile.
  • In the event that they didn’t interface their Aadhar card before then, they need to do it now.

Final Words

The new portal also offers several other important services like e-verify, linking Aadhaar with PAN, epay tax, verify PAN and many more. With the objective of enhancing the user experience, the income tax department now expects better connection with the taxpayers and speedy grievance redressal for its users.

CategoryIncome Tax

CA Vimal Kumar Sharma has expertise is in the field of Accounting, Budgeting, Management Reporting, Statutory Reporting, Regulatory Compliance, Working Capital Management, Taxation, Statutory and Tax Audit and posses experience of almost 5 years.

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