New Income Tax e-Filing 2.0 Portal

To provide ease of compliance to the taxpayers, the income tax department launched its new website, “e-filing 2.0”, on 7th June 2021 for the taxpayers. The existing portal of income tax “www.incometaxindiaefiling.gov.in” is replaced by the new income tax portal “www.incometax.gov.in”.

Taxpayers use the income tax e-filing website to file their income tax returns and for various other tax-related matters. The income tax officers also use the portal to issue notices, send queries, and communicate various matters related to assessment on the taxpayer’s dashboard.

Features and Benefits of e-Filing Portal 2.0

The e-filing 2.0 website is simple and user-friendly and is equipped with the features listed below:

• The new portal is integrated with the ITR processing unit, which will ensure the quick issue of refunds to the taxpayers. The current ITR processing system takes a few weeks and even months to credit refunds to the taxpayers account.
• The Income tax returns filed will be transmitted quickly to the CPC. Consequently, intimations will be sent sooner to the taxpayers resulting in quick refunds to the taxpayers.
• The new e-filing portal will provide various payment options such as net banking, RTGS/ NEFT, credit card, etc., from any of the taxpayer’s accounts. The new payment of tax facility will be enabled after 18th June to avoid advance payment difficulty to the taxpayers.
• Free of cost income tax return preparation software will be available online and offline for the taxpayers with a pre-filling facility. Currently, ITR-2 is available online, and ITR-1 & ITR-4 software are available online and offline. ITR preparation software for ITR-3, ITR-5, ITR-6, ITR-7 will be available shortly.
• The taxpayer can take follow up of all the interactions or pending actions through a single dashboard.
• A new helpdesk centre is for the assistance of the taxpayers for any queries through various means such as chatbot, videos tutorials, user manuals, FAQs, etc.
• A mobile application embedded with all key portal functions will be enabled for full time access on the mobile network.
• The new portal allows pre-filling of some details related to various incomes such as salary, house property, business/profession, etc. Additionally, it enables the detailed pre-filling of details of salary income, interest, dividend and capital gains. The pre-filling will happen when the concerned entities upload the TDS and SFT statements.

Improvements in e-Filing 2.0 Portal

The following are improvements made in e-filing portal 2.0 from the previous e-filing portal:

1. Enhanced security features
2. More user-friendly interface
3. Faster processing times

It's aim is to improve taxpayers' experience when they file their income tax returns.

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