The Income Tax Department has launched a new feature on the ITR e-filing portal. Taxpayers will now be able to directly file online rectification applications to correct errors in TP, DRP, and revision orders, making the process faster and easier.
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The Income Tax Department has launched a new feature for taxpayers. Under this feature, applications for rectification of certain income tax orders can now be filed directly online. Previously, this process was lengthy and cumbersome, requiring manual submission of applications or processing through the Assessing Officer (AO).
The Income Tax Department has stated that applications for rectification against Transfer Pricing (TP), Dispute Resolution Panel (DRP), and Revision orders can now be filed directly with the relevant authority through the e-filing portal. To do this, click on the Services tab in the e-filing portal, then click on Rectification, and then click on the Request to AO seeking rectification option.
What does this mean?
According to Chartered Accountant Dr. Suresh Surana, following this change, taxpayers can now submit electronic rectification requests directly to the appropriate tax authority by visiting the Income Tax Department’s e-filing website. This is especially helpful in cases where an assessment order clearly shows an error. If a taxpayer finds a clear error in the following orders:
- Transfer Pricing (TP) Order
- DRP Instructions
- Revision Orders (such as orders under Section 263 or 264)
- then they can submit a rectification request directly to the authority that had the power to enforce the original order.
What are Revision Orders?
Revision orders are orders issued by senior income tax officers to review or modify an assessing officer’s decision. Under Section 263, an order can be reversed or revoked if it is found to be incorrect or not in the department’s best interest. Under Section 264, the order can be amended to provide relief to the taxpayer.
What was the problem previously?
Previously, there was no uniform online system for rectification in these cases. Taxpayers had to submit applications manually or send them through the AO, which caused delays and repeated follow-ups.
What will be the benefit of the new feature?
This new feature has made the entire process digital, simple, and transparent. Application tracking will now be easier, paperwork will be reduced, and time will be saved. This will provide significant relief to taxpayers, especially in complex matters like transfer pricing and revisions.
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