Over 2 Crore ITR Filed; New Portal Substantially Stabilised: CBDT

Over 2 Crore ITR Filed; New Portal Substantially Stabilised: CBDT

The income tax department has announced that over 2 crore income tax returns have been filed on the new portal, which has substantially stabilised after initial glitches.

The new income tax portal, www.incometax.gov.in, was launched on June 7, 2021, and has been facing technical issues since its launch. However, the CBDT has stated that a number of technical issues have been resolved, and the performance of the portal has substantially stabilised.

In a statement, the CBDT said, “The e-filing portal of the Income Tax Department (www.incometax.gov.in) has marked receipt of more than 2 crore Income Tax returns as on 13th October 2021. The new portal was launched on 7th June, 2021, and in the initial period taxpayers had reported glitches and difficulties in the functioning of the portal. A number of technical issues have since been resolved and the performance of the portal has substantially stabilised.”

The CBDT has also urged taxpayers to file their ITRs for Assessment Year 2021-22 at the earliest. “The income tax department strongly urges all taxpayers to view their Form 26AS through the e-filing portal to verify the accuracy of the TDS and tax payments and avail of pre-filling of ITRs. All taxpayers who are yet to file their income tax returns for AY 2021-22 are requested to file their returns at the earliest,” it said.

More than two crore ITRs for AY 2021-22 have been filed on the portal, of which ITRs 1 and 4 constitute 86 per cent,” it said. Over 1.70 crore returns have been e-verified, out of which 1.49 crore are through Aadhaar based OTP, it said.

In related news, the US Embassy in India has issued a warning to visa holders and applicants, stating that any involvement in crimes in the United States could lead to the immediate cancellation of their visa and future ineligibility for US visas. This warning follows an incident where an Indian woman was caught shoplifting in Illinois.

Key Takeaways:

  • Over 2 crore ITRs have been filed on the new income tax portal.
  • The portal has substantially stabilised after initial glitches.
  • CBDT has urged taxpayers to file their ITRs for Assessment Year 2021-22 at the earliest.
  • More than two crore ITRs for AY 2021-22 have been filed on the portal.

This article is a summary of the latest news from the financial world. The information provided is based on publicly available data and should not be considered as investment advice. It is essential to do your own research and consult with a financial advisor before making any investment decisions.

Sreenivasulu Malkari

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