The income tax department will launch a new e-filing portal on June 7, which will be integrated to immediately process returns and issue refunds.
The new tax payment system will be launched on June 18, 2021 after the advance tax instalment date to avoid any taxpayer inconvenience.
"The new e-filing portal is aimed at providing taxpayer convenience and a modern, seamless experience to taxpayers," the Central Board of Direct Taxes (CBDT) said in a statement Saturday.
This is another initiative by CBDT towards providing ease of compliance to its taxpayers and other stakeholders," the Board added.The new e-filing portal will have a free of cost ITR preparation software online and offline with interactive questions to help taxpayers fill out their returns, with pre-filling, for minimizing data entry effort.
To begin with, ITRs 1, 4 will be available for preparation, both online and offline, and ITR 2 ,offline, will be available.Facility for preparation of ITRs 3, 5, 6, 7 will be made available shortly, the Board said.
Taxpayers will be able to proactively update their profile to provide certain details of income including salary, house property, business/profession which will be used in pre-filling their ITR. Detailed enablement of pre-filling with salary income, interest, dividend and capital gains will be available after TDS and SFT statements are uploaded (due date is June 30th, 2021).
|
