The CBDT said on Saturday that a new online tax payment system and a mobile app on its soon to be launched advanced e-filing website will be activated on June 18 even as the portal goes live on Monday.

The new e-filing link – www. – will replace the existing HYPERLINK “http: // existing www.” – www. from June 7.

“It is specified that the new tax payment system will be launched on June 18, 2021 after the tax deposit date to avoid any inconvenience to taxpayers,” the CBDT said in a statement.

He previously said the upcoming website would allow a new online tax payment system with several new payment options using net banking, UPI, credit card and RTGS / NEFT from any taxpayer account in the world. any bank, for easy tax payment.

“The mobile application will also be released after the initial launch of the portal, to allow taxpayers to familiarize themselves with the different features,” said the CBDT.

The Central Commission on Direct Taxes (CBDT) oversees the policy of the income tax department, and the e-filing website is used by taxpayers to file their tax returns and perform other transactions with the department.

“Familiarization with the new system may take some time, therefore, the ministry is asking for the patience of all taxpayers / stakeholders for the initial period after the launch of the new portal and while other features are released as it becomes available. is a major transition, “said the press release mentioned.

He said the new website aims to “provide taxpayers with convenience and a modern, transparent experience.”

This is another initiative of the CBDT to facilitate compliance for its taxpayers and other stakeholders, he added.

The new taxpayer-friendly portal is integrated with Immediate Tax Return Processing (RTI) to issue prompt refunds to taxpayers and all interactions and downloads or pending actions will be displayed on a single dashboard for follow-up action by the taxpayer, he said. .

It will also have free RTI preparation software with interactive questions to help taxpayers file RTI 1, 4 (online and offline) and ITR 2 (offline) to get started and ease of RTI preparation. 3, 5, 6, 7 will be available shortly, according to the release.

Taxpayers will be able to proactively update their profile to provide certain income details including salary, home ownership, business / occupation which will be used to pre-populate their ITRs in the new web port. .

The detailed activation of the pre-filling with salary income, interest, dividends and capital gains will be available after downloading the TDS (withholding tax) and SFT (financial transaction declaration) (due date) declarations. June 30, 2021), he said.

A new taxpayer assistance call center for quick response to taxpayer questions is also planned and the portal will also feature in-depth FAQs, user manuals, videos and a live chatbot / agent.

Features to fill out income tax forms, add tax professionals, submit responses to notices during faceless exams or appeals would be available, the CBDT said.

The existing web portal is currently subject to a six-day “blackout” period until June 6.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor

Source link

Leave a Reply

Your email address will not be published.