Online Filing Of ITR Glitches Resolved, Informs CBDT Chairman

Taxpayers can now access the new Annual Information Statement along with additional categories of information including interest, dividends, securities and MF transactions on the e-filing portal

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New Delhi: Now, taxpayers can look forward to error-free IT filing as the Central Board of Direct Taxes (CBDT) informed that all glitches and hiccups regarding the online filing of I-T returns have been resolved.

JB Mohapatra, chairman of Central Board of Direct Taxes, said, "All the glitches and hiccups with regard to the filing of income tax returns have been resolved. On an average 2.5 lakh income tax returns are being filed per day", as quoted in an ANI report.

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The chairman added, "Around 2.5 crore ITR has been filed and by December, we expect the numbers to go up to 4 crores."

Inaugurating the Taxpayers' Lounge at IITF, 2021 at Pragati Maidan in Delhi Mohapatra said, “Taxpayers' Lounge at IITF seeks to promote an environment of trust between the Department and the taxpayers as also to educate them about the initiatives taken by the department in recent times."

Numerous other activities including assistance in applying for PAN or e-PAN, Aadhaar-PAN linking and PAN-related queries, assistance in e-filing and form 26AS (tax-credit) related queries, and providing taxpayer information Series brochures on various topics are available both in e-format and paper format at taxpayers lounge.

Meanwhile, the Income Tax (IT) department on Sunday said taxpayers can now access the new Annual Information Statement (AIS) along with additional categories of information such as interest, dividends, securities and MF transactions, and remittances from abroad, on the e-filing portal.

In October, the I-T department expanded the list of high-value financial transactions, which would be available to taxpayers in their Form 26AS by including details of mutual fund (MF) purchases, foreign remittances, as well as information in ITRs of other taxpayers.

Form 26AS is an annual consolidated tax statement that can be accessed from the income-tax website by taxpayers using their Permanent Account Number (PAN).

One can access the new AIS by clicking on the link “Annual Information Statement (AIS)" under the “Services" tab on the new Income tax e-filing portal.

"AIS provides ease of access! It can be accessed now on the e-filing portal & downloaded easily in downloadable formats of PDF, CSV & JSON (machine-readable format). Click on link 'AIS' under 'Services' tab on http://incometax.gov.in," the I-T department tweeted.

AIS allows the taxpayer to see and verify taxpayer info available with taxmen, provide feedback in case of discrepancies, view/update the Taxpayer Information Summary (TIS) used for pre-filling of ITR.

The revised Form 26AS announced in the Budget 2020-21 offers a more comprehensive profile of the taxpayer, going beyond just the details of tax collected and deducted at source.

Additional information prescribed includes foreign remittance made by any person through an authorised dealer, the breakup of the salary with deductions claimed by the employee, information in ITR of other taxpayers, interest on income tax refund, information published in the statement of financial transactions.