HomeBusinessGovernment Says More Than 2 Crore Income Tax Returns Filed, Portal "Stabilised"

Government Says More Than 2 Crore Income Tax Returns Filed, Portal “Stabilised”

Government Says E-Filing Portal Now Stable, 2 Crore Returns Filed

Government has mentioned that greater than two crore revenue tax returns have been filed on new portal

Just a day after Infosys CEO Salil Parekh mentioned that the e-filing portal for revenue tax returns is making “steady progress” and that taxpayers’ issues are being addressed, the federal government on Thursday mentioned that greater than two crore revenue tax returns (ITRs) have been filed by means of it until date and the platform has “substantially stabilised”.

Urging tax payers to file their returns for the fiscal 2020-21 on the earliest, the final date for which is December 31, 2021, the revenue tax division in an announcement mentioned that greater than 1.70 crore returns have been e-verified and of those, 1.49 crore have been carried out by means of Aadhaar primarily based one-time password (OTP) system.

The means of e-verification by means of Aadhaar OTP and different strategies is necessary for the division to start processing of the ITR and to difficulty refunds, if any.

Of the verified ITRs 1 and 4, greater than 1.06 crore ITRs have been processed and over 36.22 lakh refunds for the AY 2021-22 have been issued. Processing of ITRs 2 and three can be taken up shortly, the division mentioned.

The new e-filing portal was launched on June 7 this yr and shortly after, customers had began complaining of glitches, which led to the finance ministry summoning Infosys officers (the corporate has designed the portal) and asking it to repair the problems.

Due to those issues, the federal government needed to lengthen the deadline for submitting returns twice.

However as issues endured with the platform, Finance Minister Nirmala Sitharaman had known as Mr Parekh and gave the corporate time until September 15 to handle issues of taxpayers.

Though nothing was heard in regards to the difficulty after that, throughout Infosys’ second quarter monetary outcomes declaration, Mr Parekh on October 13 mentioned that the portal was making “steady progress” and all issues are being “progressively addressed”.

He nevertheless didn’t give any indications as to by when the technical points can be totally resolved.

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