Side Effects of poor functioning of New Income Tax Portal

CA Umesh Sharma | Last updated: 08 October 2021

Save Share

Quick Summary

The new Income Tax e-filing portal's technical glitches have led to significant side effects, including extensions for tax return filing, audit deadlines, and even Annual General Meetings for companies and housing societies. Taxpayers are experiencing delays in submitting returns and financial documents for loans and other purposes, with refunds also being affected. Tax consultants face increased workload and stress due to overlapping deadlines.

Arjuna (Fictional Character): Krishna, the Income Tax Department has changed the E-filing portal for the convenience of taxpayers and tax consultants. However, due to the poor functioning of the new portal the due dates of return filing, audit, and various other compliance have been extended. Krishna, (Fictional Character): Arjuna, The due dates have been extended but there are many side effects of such extensions. Arjuna (Fictional Character): Krishna, what are the side effects due to ext

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Articles Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

12113 Views 3 Likes Comment Share Income Tax Report

About the Author

CA Umesh Sharma

Partner

Name: - UMESH RAMNARAYAN SHARMA. Residential Address: - 16, Motisagar, Samarthnagar, Aurangabad. Ph :- 2332846. Mobile:9822079900. Head Office Address: - R.B.Sharma Co. Chartered Accountants. Block No 7-10, 2nd Floor, Shangri-La Complex, Samarth Nagar, Aurangabad. Ph :- 2332511,2338388. Email:- rbsha ... Read more

View Articles

Comments :