The Source of revenue Tax division stated the efficiency of the brand new portal had “considerably stabilised”
The Source of revenue Tax division on Thursday stated greater than two crore source of revenue tax returns (ITRs) for the monetary yr 2020-21 had been filed to this point and the efficiency of the brand new I-T portal has “considerably stabilised”.
Asking taxpayers to report their ITRs for fiscal 2020-21 (April 2020-March 2021) on the earliest, the Central Board of Direct Taxes (CBDT) stated all ITRs had been made to be had for e-filing.
“Greater than two crore ITRs for evaluate yr (AY) 2021-22 had been filed at the portal, of which ITRs 1 and four represent 86%. It’s encouraging to notice that greater than 1.70 crore returns had been e-verified, out of which 1.49 crore are thru Aadhaar based totally OTP,” the CBDT stated in a observation.
The method of e-verification thru Aadhaar OTP and different strategies is necessary for the dept to begin processing of the ITR and to factor refunds, if any.
Of the verified ITRs 1 and four, over 1.06 crore ITRs had been processed and over 36.22 lakh refunds for the AY 2021-22 had been issued. Processing of ITRs 2 and three will likely be taken up in a while, it stated.
The brand new portal was once introduced on June 7 and within the preliminary duration, taxpayers had reported system faults and difficulties within the functioning of the portal.
“A lot of technical problems have since been resolved and the efficiency of the portal has considerably stabilised,” the CBDT stated, including that over 13.44 crore distinctive taxpayers have logged in until October 13 and about 54.70 lakh taxpayers have availed of ‘forgot password’ facility to procure their passwords.
“E-proceedings and faceless court cases had been enabled with functionalities together with video conferencing for evaluate and looking for adjournments or appointment and filings by way of approved representatives.
“Taxpayers had been in a position to view over 12.20 lakh notices issued by way of the dept beneath the faceless evaluate/attraction/penalty court cases, to which over 6.24 lakh responses had been filed,” it stated.
The virtual signature certificates (DSC) registration of non-residents has been enabled and total, 4.87 lakh DSCs had been registered.
Over 15.72 lakh statutory paperwork had been submitted, together with 9.08 lakh TDS statements, 1.29 lakh Shape 10A for registration of trusts/establishments, and 22,075 Vivad se Vishwas Paperwork until October 13.
Over 1.83 lakh 15CA and 37,870 15CB paperwork associated with overseas remittances had been filed and greater than 21.40 lakh e-PANs had been allocated on-line freed from price. The Felony Inheritor capability has been enabled for registrations and compliance.
“The source of revenue tax division strongly urges all taxpayers to view their Shape 26AS during the e-filing portal to ensure the accuracy of the TDS and tax bills and avail of pre-filling of ITRs.
“All taxpayers who’re but to report their source of revenue tax returns for AY 2021-22 are asked to report their returns on the earliest,” the CBDT stated.
The federal government has prolonged the due date for submitting source of revenue tax returns (ITRs) for 2020-21 fiscal two times. For person taxpayer, the final date is December 31.
The brand new e-filing portal www.incometax.gov.in, introduced on June 7, had a bumpy get started for the reason that day of its release with taxpayers and pros reporting system faults and difficulties in its functioning. Infosys was once in 2019 given the contract to broaden the portal.
The Union Ministry of Finance had on August 23 “summoned” Infosys CEO Salil Parekh to provide an explanation for why problems endured to plague the portal evolved by way of the device main.
Finance Minister Nirmala Sitharaman, within the assembly with Mr. Parekh, expressed “deep unhappiness” over persisting system faults for greater than two months after portal release and gave him time until September 15 to unravel all problems.
Mr. Parekh had on Wednesday stated the portal is seeing “secure growth” and taxpayers’ considerations are being “gradually addressed”.
He, then again, didn’t say by way of when will technical system faults be absolutely resolved and all purposes at the portal will likely be to be had to tax filers.