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New taxpayer-friendly e-filing portal of Income Tax Department to be launched on June 7



Income Tax DepartmentIn a bid to provide convenience, modern and seamless experience to the taxpayers, the Income Tax Department will launch its new e-filing portal www.incometax.gov.in on 7th June, 2021.

The new portal will be 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 will be available with interactive questions to help taxpayers for ITRs 1, 4 (online and offline) and ITR 2 (offline) to begin with; and 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 (due date is June 30th, 2021);

Functionalities for filing Income Tax Forms, Add tax professionals, Submit responses to Notices in Faceless Scrutiny or Appeals would be available.

The new tax payment system will be launched on June 18th, 2021 after the advance tax instalment date to avoid any taxpayer inconvenience. The mobile app will also be released subsequent to the initial launch of the portal, to enable taxpayers to get familiar with the various features.

This is another initiative by CBDT towards providing ease of compliance to its taxpayers and other stakeholders.

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