Circulars

Circulars

Cir No. 22 / C-2 / 2021

Cir No. 22 / C-2 / 202110th June 2021

TO ALL MEMBERS OF THE ASSOCIATION:

Dear Sir,

We would like to inform the Members that the Income Tax Department has Launched a new Website https://www.incometax.gov.in/iec/foportal/ on Monday, 7th June 2021.

We give below the new features and changes in the new Income Tax Portal .

  • 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.

·  Free of cost ITR preparation software is currently available with interactive questions to help Taxpayers for ITRs 1, 4 (online and offline) and ITR 2 (offline); Facility for preparation of ITRs 3, 5, 6, 7 will be made available shortly.

·  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 by Tax Deductors (due date is June 30th, 2021).  

  • New call centre for Taxpayer assistance for prompt response to Taxpayer queries. Detailed FAQs, User Manuals, Videos and chatbot / live agent also provided.  
  • Functionalities for filing Income Tax Forms, Adding tax professionals, Submit responses to Notices in Faceless Scrutiny or Appeals would be available. 
  • The new website will enable a new online tax payment system with multiple new payment options using net banking, UPI, credit card and RTGS/NEFT from any account of the taxpayer in any bank, for easy payment of taxes.

The New Tax payment system will be launched on June 18th, 2021 after the advance tax instalment date to avoid any taxpayer inconvenience.

While the Mobile app will also be released in coming days to enable Taxpayers to get familiar with the various features.

This is for your kind information

Thanking you,

P. Chandrasekharan
Secretary

Kolaso is a design studio founded in London and expanded our services, and offering solutions Worldwide.