Finance Minister Smt. Nirmala Sitharaman had given the IT partner Infosys a final deadline of Septembe 15 to remove all the glitches from the new e-filing site even as the extended due date of filing returns is now December 31, 2021. Since its launch on June 6, 2021, the new Income Tax e-filing portal has been found to have technical glitches that prevent taxpayers from completing the form. Errors such as inaccurate capturing of details from Form 16, incorrect interest calculations, inability to e-verify the filed returns, Form 26AS details not being auto-populated, filed returns not being accepted for long periods, etc are all popping up.
On August 23, 2021, the finance minister allowed time up to September 15, 2021 for removing all the glitches and errors from the new income tax website. Another aspect, which we cannot lose sight of, is that as the due date approaches there would be significant increase in the website traffic with more and more users logging to file their returns and how the website would cope with such a heavy user interface needs to be watched for.
With only about 2 weeks remaining from the due date and considering the persistent glitches and poor functioning of the Income Tax portal, the Income Tax Department extended the said due date further.
Ever since the new income tax portal has been launched, the only thing the taxpayers and professionals have experienced is technical glitches. Sometimes its inability to generate an OTP for Aadhaar validation, other times its failure to link old data for past returns or incorrect capturing of details from Form 16. The list of challenges of issues that the users face is long and have led chartered accountants to call for the due date extension.
The key point is even if all the glitches were to be removed by September 15, it’s near impossible for all taxpayers to complete their returns filing work, within 15 days. So, a further extension of ITR filing due date was inevitable.
MIMI PARTHA SARATHY
Managing Director,
Sinhasi Consultants Pvt. Ltd.
Chartered Accountants filing returns through private software, however, can file returns, but were facing problems in e-verification.
Due to pressure to file returns by September 30th, there were also concerns that the site would crash due to the number of people accessing it. With the inevitable move to December 31st, the department is prioritizing the testing and robustness of the site for the anticipated surge in visits.
Due to pressure to file returns by September 30th, there were also concerns that the site would crash due to the number of people accessing it. With the inevitable move to December 31st, the department is prioritizing the testing and robustness of the site for the anticipated surge in visits.
If you would like to understand how to maximize your earnings or if you need any help in filing your returns
Chartered Accountants filing returns through private software, however, can file returns, but were facing problems in e-verification.
Due to pressure to file returns by September 30th, there were also concerns that the site would crash due to the number of people accessing it. With the inevitable move to December 31st, the department is prioritizing the testing and robustness of the site for the anticipated surge in visits.
Due to pressure to file returns by September 30th, there were also concerns that the site would crash due to the number of people accessing it. With the inevitable move to December 31st, the department is prioritizing the testing and robustness of the site for the anticipated surge in visits.
If you would like to understand how to maximize your earnings or if you need any help in filing your returns
Bibliography
Income tax return filing deadline for FY20 extended till December 31, FINANCIAL EXPRESS | Calculation of taxable interest on P.F. contribution, CLEARTAX | When does EPF become taxable?, THE ECOMOMIC TIMES | Calculation of taxable interest on PF contributions – Government issues notification, FINANCIAL EXPRESS | Tax on long-term capital gains, INCOME TAX DEPARTMENT | Your Queries (Income Tax): Aggregate of all dividend income taxable under ‘other sources’ FINANCIAL EXPRESS
