No trade in tax forms, says I-T dept; 1.38 cr returns filed already

    No trade in tax forms, says I-T dept; 1.38 cr returns filed already

    The Central Board of Direct Taxes (CBDT) on Tuesday clarified that no changes had been made in any of theearnings-tax return(ITR) forms since April 1, 2019, the principle day of the evaluate one year 2019-20.

    “There had been experiences in obvious social media that thetaxpayersare facing difficulties in submitting return of earnings in ITR 2 & ITR 3 as a consequence of expansive scale changes within the ITR make on 11th July, 2019,” it said in a press starting up.

    “Nonetheless, the tool utility update is a dynamic assignment and is progressively taken up as per the suggestions got from users to ease their journey in electronic submitting of the return,” it said. The tool utility for e-submitting of ITR-2 and ITR-3 had been released on Might per chance per chance perhaps just 2 and Might per chance per chance perhaps just 10 this one year, respectively.

    CBDT further clarified that the updating of utility attain not hamper submitting of return as the taxpayers are allowed to file the employ of the utility which is on hand at that point of time. For example, more than 85 lakh taxpayers like filed returns in ITR-1 till date by the employ of the said utility which has also gone through update later. “Attributable to this truth, the affect that the taxpayers need to not in a position to file return as a consequence of changes in ITR make will be not factual as more than 1.38 crore taxpayers like already filed their returns by the employ of the utility released till date,” it said.

    Even supposing the utility is being updated continuously to present ease to taxpayers, the returns filed by the employ of the old version of utility will proceed to be exact, it said.

    It defined that the updation in utility of ITR forms relies totally on suggestions and primarily aimed at easing the compliance burden of the taxpayers by facilitating more straightforward e-submitting. “For occasion, this one year, the skill of pre-filling of return forms has been offered primarily based mostly totally on the info furnished within the TDS statements. This facility has been updated within the utility therefore. This would substantially decrease the efforts of taxpayers in filling of return forms,” it said.

    First Revealed:
    Jul 16, 2019 20: 04 IST

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