What Is New Income Tax Portal

It is estimated that a new simplified ITR preparation software will be deployed in a new portal. The software should be very user-friendly and includes all the necessary instructions and FAQs. It should be convenient for naïve and ignorant taxpayers to submit their ITRs using this software. With regard to mobile phones, it is expected that the income tax department will provide a mobile application in connection with the new income tax portal. Taxpayers can download this app on their mobile phone and perform many common activities on the mobile phone through this app. This will make things easier and more convenient for taxpayers 1. The Form 27C filing FAQ has been uploaded to the portal. For more information, see the latest updates. 2. The Offline Form 3CEB utility is now available for submission to the portal.

3. Time to update UDIs for forms filed during the 2021-2022 tax year is available until November 30, 2022. For more information, see Latest updates. 4. Form 26QF may be submitted on the portal in accordance with notification No 73/2022. See News and Updates. 5. Form 69 may be submitted on the portal in accordance with Communication No 111/2022. See News and Updates. 6. Form 3CF can be filed electronically on the portal. For more information, see Latest updates.

7. The e-Pay tax service is now activated for Karur Vysya Bank with OTC and net banking options. 8. Bank of Maharashtra, Canara Bank and Indian Overseas Bank have migrated from OLTAS e-Payment of Taxes at NSDL to the e-Pay Tax feature on the e-filing portal for tax payment. 9. The deadline for submitting various audit reports for the 2022-2023 taxation year has been extended to October 7, 2022. For more information, see Latest updates. 10. The filing deadline for the amended tax return ITR-A u/s 170A of the Act is extended to March 31, 2023 in certain circumstances. For more information, see Latest updates. 11.

FAQ for filing the tax audit report Form 3CA-CD/3CB-CD has been uploaded to the portal. Please refer to the same for an error-free deposit. 12. Before attempting to download Form 3CA-3D/Form 3CB-3CD, please ensure that the CA and taxpayer profile is complete and up-to-date to avoid submission issues. 13. Form No. 10-IJ and Form No. 10-IL can be submitted on the portal. 14. The Bank of India has migrated from OLTAS e-Payment of Taxes at NSDL to the e-Pay Tax feature on the e-filing portal to pay taxes from now on. 15.

Offline Form 10B, 10BB, 29B and 29C submission utilities are available on the portal. Further information can be found in the download area. Under the current income tax portal system, it still takes a few weeks or even months for refunds to be credited to taxpayers` bank accounts. Under the new Income Tax Portal system, ITR information is expected to be transmitted quickly to the Central Processing Centre once the ITRs have been submitted, and the ITRs will be processed more quickly. As a result, refunds are paid earlier to the auditor. The Income Tax Department uses the portal to access uploaded tax returns and other forms for further processing, prepare notices, receive a response from taxpayers, and communicate final orders such as assessments, appeals, exemptions and penalties. Here`s what renewal applicants need to know about the October deadline. Here are some of the steps taxpayers need to take on the new ITR portal (www.incometax.gov.in): The brand new portal with features that make it easy to connect electronically! This is the official portal of the Income Tax Department, Ministry of Finance, Government of India. The portal was developed as a mission-mode project as part of the National e-Governance Plan. The purpose of this portal is to provide taxpayers and other stakeholders with central access to income tax services. In the new income tax portal, taxpayers will have the opportunity to pay tax through several options, i.e. Net Banking, RTGS, NEFT, credit card, UPI, etc.

As a result, it will be easier for taxpayers to pay taxes. The Central Board of Direct Taxes (CBDT) launched the new e-filing portal for income tax on 7 June 2021. The new “www.incometax.gov.in” portal replaces the existing “www.incometaxindiaefiling.gov.in” e-filing portal. Taxpayers must now file their tax return (ITR) and perform all other tax tasks through the new portal. The portal will be redesigned for the convenience of taxpayers, who will be able to file tax returns and other tax services in a modern and transparent manner. Prepare your federal tax return for free and file them online. – Re-registration of DSC on a new portal (www.incometax.gov.in), as the old DSC registration portal cannot be migrated to a new portal for technical reasons. The Electronic Tax Filing Portal, www.incometaxidiaefiling.gov.in, was created by the Department to provide services related to electronic filing to taxpayers.

Users use the existing electronic tax filing portal to file their tax returns and other forms. In addition to filing the tax return, they can perform the following tasks on the portal: – The first good thing about the new portal is that its name is simple and short (www.incometax.gov.in) compared to previous portals (www.incometaxindiaefiling.gov.in). It avoids typos and is easy to communicate and understand. In order to simplify tax procedures, the Income Tax Department is launching a new e-filing portal. It will be more tax-efficient. The new portal will be launched on June 7, 2021. In anticipation of its launch and migration activities, the ministry`s existing portal would not be accessible to taxpayers from June 1, 2021 to June 6, 2021. The new portal is www.incometax.gov.in (replaces previous Portal-www.incometaxindiaefiling.gov.in). Thank you for this user-friendly and efficient portal To thank the dedicated taxpayers, the Income Tax Service has launched a unique appreciation initiative.

Access the pre-filled forms, the easy-to-use offline utility, and the wizard for.. The new income tax portal will have various benefits for taxpayers.