Sunday, April 28, 2024
HomePersonal FinanceIncome Tax: Now process of filing income tax returns will be easy,...

Income Tax: Now process of filing income tax returns will be easy, this facility will be available on e-filing portal

Income Tax: Efforts are being made to make the process of filing income tax returns easier. The department is already using Artificial Intelligence (AI), but the effort is to increase the use of AI and other technologies as much as possible so that the taxpayers also get convenience and the administration work also becomes more efficient.

Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta says that increasing the convenience of income tax payers is an important priority for the government and continuous efforts will continue for this.

Especially efforts are being made to make the process of filing income tax returns easier. The department is already using Artificial Intelligence (AI), but the effort is to increase the use of AI and other technologies as much as possible so that the taxpayer also gets convenience and the work of administration also becomes more efficient.

One crore income tax payers will get relief

Gupta said the above things in a special conversation with Dainik Jagran after presenting the interim budget 2024-25. In the interim Budget 2024-25, Finance Minister Nirmala Sitharaman had proposed to cancel the demands of small amounts of penalty from income tax payers on behalf of the department during a certain period. He had also said that this would provide relief to one crore income tax payers.

Don’t have to go through a difficult process

Regarding this, the CBDT Chairman says that this process will be quite easy and care will be taken that this announcement is implemented in such a way that the income tax payers who are going to benefit do not have to go through any difficult process. The Income Tax Department will reject these demands at its own level and they will be removed from the records of the department.

Such outstanding direct tax demands up to ten thousand rupees will be refunded

All the information related to this will be given in the e-filing portal so that the concerned income tax payer can also see it and if he has any objection to anything, he can bring it forward. The Finance Minister had said that such outstanding direct tax demands up to Rs 25,000 relating to the period up to financial year 2009-10 and up to Rs 10,000 relating to the period 2010-11 to 2014-15 will be withdrawn.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments