Quick Summary
The Income Tax Department has enabled the online submission of Form ITR-B through the e-Proceeding tab on the official Income Tax e-filing portal.
This move comes as part of the department's continued push towards faceless, paperless, and transparent tax administration. Section 158BC pertains to the assessment of undisclosed income discovered during search and seizure actions carried out under Section 132 or 132A. Form ITR-B is specifically required for filing returns of income in block assessment cases, which generally cover undisclosed income for a block period of ten years.
How to File Form ITR-B Online
- Visit the Income Tax e-Filing Portal
- Log in using your PAN credentials.
- Navigate to e-Proceedings from the dashboard.
- Select the relevant proceeding under Section 158BC.
- Upload Form ITR-B along with any supporting documents.
FAQ :
Form ITR-B is required for filing returns of income in block assessment cases, which generally cover undisclosed income discovered during search and seizure actions.
Form ITR-B can now be filed online through the 'e-Proceeding' tab on the official Income Tax e-filing portal.
Section 158BC pertains to the assessment of undisclosed income discovered during search and seizure actions carried out under Section 132 or 132A.
The online filing aims to promote a faceless, paperless, and transparent tax administration system.
Log in to the Income Tax e-Filing portal, navigate to e-Proceedings, select the relevant proceeding under Section 158BC, and upload Form ITR-B with supporting documents.
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