The Income Tax Department has launched a new feature on its e-filing portal. Taxpayers will now be able to file rectification applications against TP, DRP, and revision orders directly online. This will simplify, expedite, and make the previously complex process more transparent. This is a major relief for taxpayers, saving time and reducing the need for physical documentation.
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New Feature On ITR E-Filing Portal: In a major relief to taxpayers, the Income Tax Department has launched a new feature on its e-filing portal. This new feature will allow taxpayers to apply for rectification (correction) against certain income tax orders directly online. Previously, this process was lengthy and complex, requiring either a manual application or a request through the Assessing Officer (AO).
What did the Income Tax Department say?
The Income Tax Department has informed that rectification applications related to TP (Transfer Pricing), DRP (Dispute Resolution Panel), and revision orders can now be submitted directly to the relevant authority through the e-filing portal.
- According to the department, taxpayers can apply by visiting the e-filing portal and selecting the
- “Services tab
- Rectification
- Request to AO seeking rectification” option.
The rectification process will now be online.
According to Chartered Accountant Suresh Surana, this update is a major change for taxpayers. They will no longer have to repeatedly visit the office to correct obvious errors.
He explained that rectification applications can now be sent directly to the relevant tax authority, which can then make the necessary corrections to the original order. This will not only save time but also make the entire process more transparent and easier.
What are Revision Orders?
Revision orders are issued by senior Income Tax officers. If an order issued by an assessing officer is found to be incorrect or against the department’s interests, it can be amended, changed, or revoked.
Under Section 263, the Principal Commissioner or Commissioner can amend an order that is detrimental to the department.
Under Section 264, the Commissioner has the authority to grant relief to a taxpayer if an order is proving detrimental to the taxpayer.
Taxpayers will get relief
This new digital facility has made the rectification process completely online. This will not only reduce the need for physical documentation but will also make the work process more smooth and faster for both taxpayers and the department. Overall, this move by the Income Tax Department is considered another important initiative towards Digital India, which is expected to provide significant relief to taxpayers.
