Income Tax Portal Substantially Stabilized, Over 2 Crore ITRs Filed
The income tax department has announced that a number of technical issues in the new income tax portal have been resolved, and the performance of the portal has substantially stabilized. This has led to a significant increase in the number of income tax returns filed, with over 2 crore ITRs filed so far for the financial year 2020-21.
The new income tax portal, www.incometax.gov.in, was launched on June 7, 2021, and had been facing glitches since its launch. The Finance Ministry had summoned Infosys CEO Salil Parekh to explain the issues, and had given a deadline of September 15 to Infosys to resolve the problems.
According to a statement from the income tax department, the portal has received over 2 crore ITRs as of October 13, 2021. The department has urged taxpayers to file their ITRs for Assessment Year 2021-22 at the earliest, and to verify the accuracy of their TDS and tax payments through the e-filing portal.
The tax department has also reported that over 1.70 crore returns have been e-verified, with 1.49 crore of these being verified through Aadhaar-based OTP.
In addition, the department has emphasized the importance of taxpayers verifying their Form 26AS through the e-filing portal to ensure the accuracy of their TDS and tax payments. This can help taxpayers avoid any potential penalties or issues when filing their ITRs.
The income tax department’s announcement is likely to be welcomed by taxpayers and investors alike, as it suggests that the portal is now stable and efficient. This should make it easier for taxpayers to file their ITRs and access their tax-related information.
It is worth noting that the income tax department has also taken steps to improve the user experience on the portal, including the addition of new features and the resolution of technical issues. This should help to improve the overall efficiency and effectiveness of the portal.
In conclusion, the income tax department’s announcement that over 2 crore ITRs have been filed and the portal has substantially stabilized is likely to be welcome news for taxpayers and investors. It suggests that the portal is now efficient and effective, and that taxpayers can file their ITRs with confidence.
