06-07-2021 02:36 PM | Source: Accord Fintech
Income Tax Department launching new e-filing portal to provide taxpayer convenience
News By Tags | #248 #1018

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

With an aim to provide taxpayer convenience and a modern, seamless experience to taxpayers, the Income Tax Department is launching its new e-filing portal on June 7, 2021.This is another initiative by CBDT towards providing ease of compliance to its taxpayers and other stakeholders.

As per the notification, new taxpayer friendly portal integrated with immediate processing of Income Tax Returns (ITRs) to issue quick refunds to taxpayers; all interactions and uploads or pending actions will be displayed on a single dashboard for follow-up action by taxpayer.

Besides, 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 30, 2021).