On 7th June 2021, The Government of India launched the ITR E Filing 2.0 portal for the Income Tax E Filing. The older portal of the Income-tax Filing was in a “blackout period” for the last 6 days. Earlier, the official portal was incometaxindiaefiling.gov.in and now it is changed to incometax.gov.in.
Income Tax E Filing Portal 2.0
The older version of the Income Tax Filing portal was lacking in various features. The New ITR E-Filing portal has many new features which are discussed below.
In the Income Tax 2.0 Portal, various new payment methods are added for the convenience of taxpayers. There will be multiple payment options in the new portal including Net banking, UPI, Credit card, RTGS and NEFT. The money can directly be paid from the taxpayer account with ease.
The government has also decided to launch a mobile app to help the taxpayers to learn and get familiar with the new features of Portal 2.0.
ITR E Filing Portal 2.0 features
Now with the new portal, the processing of Income tax returns will be faster or you can say that returns will be immediate. It will help the taxpayer to get quicker refunds.
The portal will also show the pending documents and action on the taxpayer dashboard itself. You will be able to see what actions are still pending and what documents need to be deposited.
The portal also has ITR Prep Software which is completely free. It is interactive software that will help you to file ITR 1, 4, and ITR 2 Online and offline. Other features to prepare ITR 3, 5, 6, 7 will also be added in the coming days.
Using Income Tax Portal 2.0, the taxpayer will be able to easily update his/her profile. You can update details like your salary, house rent, property, business details, and other details which are helpful while filing ITR.
Also, the detailed Enablement will be available when the TDS and SFT statements are uploaded whose last date is 30 June 2021. It will enable the pre-Filing of Income, Interests, capital gains, and dividends.
The government is also planning to add a help/call center which will assist the taxpayer with their doubts. This may include the FAQs section, User Manual, Live Agents, or Chatbots.
The complete process of filing income tax forms, adding tax professionals, and submitting your response to notices will also be available.