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Income Tax Return: From mobile app to new payment options – know benefits of new e-filing site

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income tax, income tax return, ITR, ITR filing website, new e-filing website, benefits of new e-filing website, payment of taxes through credit cards, UPI, income tax refunds, mobile appThe brand new e-filing portal will probably be built-in with rapid processing of Earnings Tax Returns.

The Earnings Tax Return (ITR) submitting course of is paused for six days after scrapping of the e-filing web site – – from the midnight of Might 31, 2021. The submitting course of will resume from June 7, 2021, a day after launch of the brand new e-filing web site – – on June 6, 2021.

“Contemplating the overhaul and migration or transition of current e-filing portal to a very totally different platform, a blackout interval for utilization of the prevailing portal has been introduced by the Authorities from 1 June 2021 to six June 2021 throughout which the prevailing earnings tax portal wouldn’t be accessible for utilization to the taxpayers. With a view to keep away from any inconvenience to taxpayers, the Income Division has issued instructions to repair any listening to of instances or compliance solely from 10 June, 2021 onward. This may give the taxpayers the mandatory time to reply effectively to the brand new system. Additionally, If any listening to or compliance which requires submissions on-line falls throughout such interval, the identical shall both be preponed or adjourned and the work gadgets could be rescheduled after the mentioned interval,” mentioned Dr. Suresh Surana, founder, RSM India.

Associated Information

“Additional, for the reason that essential compliances for remittances made exterior by the use of submitting of Kind 15CA and Kind 15CB that are additionally furnished through the Earnings Tax portal, it’s endorsed desiring to make any remittance throughout blackout interval from 1st to sixth June 2021 to kindly submit and obtain their varieties by midnight of thirty first Might, 2021 to be able to keep away from any inconvenience,” he added.

What will probably be some great benefits of a brand new web site over the present one?

“The brand new e-filing web site is meant to supply the customers with comfort and a contemporary seamless expertise by the use of offering variety of tech savvy advantages to its customers,” mentioned Dr. Surana.

Income Tax Return: After May 31 you have to wait for new e-filing site; know what’s in store

“The IT Division will utilise this web site for submitting tax returns and in addition for responding to queries and to provide out orders like assessments, appeals, exemption and penalties,” mentioned S Ravi, Former Chairman of Bombay Inventory Change and Founder & Managing Accomplice of Ravi Rajan & Co.

In response to the consultants, the brand new e-filing web site is predicted to supply following advantages:

Cellular Software

A mobile app will probably be enabled subsequently, which can facilitate all key portal features for fulltime entry on cellular community. All of the essential features of this portal on the desktop will probably be accessible on the cellular app. In current system no cellular app actions have been accessible.

Instant Processing of ITR

The brand new e-filing portal will probably be built-in with rapid processing of Earnings Tax Returns. This may allow to situation fast refunds to the taxpayers.

New Dashboard

The brand new e-filing portal will present a brand new single dashboard. The dashboard will show all interactions and uploads or pending actions for follow-up by the taxpayer.

Interactive ITR Preparation Software program

The taxpayers will probably be supplied with freed from value offline and on-line ITR preparation software program. The taxpayer-friendly software program will contain interactive questions which can assist taxpayers (even with none prior tax information) in pre-filling the returns and minimising information entry effort in submitting their ITRs.

New Name Heart

Methods like name centre, tutorials, movies and chatbot or stay agent have been embedded within the web site to deal with any taxpayers’ queries. A brand new name heart will probably be arrange aiding the taxpayers with FAQs.

New On-line Tax Fee System

To make sure simple funds, the brand new ITR web site additionally has a brand new on-line fee system with a number of fee choices like internet banking, UPI, bank card and RTGS or NEFT from any account of the taxpayer in any financial institution, in comparison with the prevailing system which solely had UPI, Credit score Card allowance for fee of taxes.

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