Quick Summary
As the deadline for filing income tax returns (ITR) approaches on July 31, 2024, taxpayers across India have accelerated their filing processes. According to recent updates from the Income Tax Department, over 2.7 crore ITRs have been filed as of July 14, 2024, marking a 13% increase compared to the same period last year. Daily filings peaked at over 13 lakhs on July 13, underscoring the urgency as the deadline approaches sooner than in previous years. Technical Glitches Plague E-Filing Porta
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FAQ :
ICAI has raised concerns about difficulties accessing Form 26AS/AIS/TIS, discrepancies in figures within these statements, limited response options in AIS/TIS, delayed updates in TIS, technical glitches on the e-filing portal, mismatches in pre-filled data, issues with dividend income reflection, error messages during filing, non-receipt of OTPs, and problems downloading filed ITR receipts.
Taxpayers are having trouble accessing these forms, and there are discrepancies between figures reported in TIS and AIS. Joint income is sometimes reported for both account holders, potentially leading to scrutiny.
Yes, numerous technical glitches have been reported, including continuous buffering that makes it difficult to complete forms, error messages during filing, and issues with downloading filed ITR receipts.
Some taxpayers are not receiving One Time Passwords (OTPs) promptly or at all, which prevents them from authenticating and submitting their tax returns.
There are difficulties in reflecting dividend income correctly in Schedule OS for taxpayers with business income. The current system requires income to be included and then reduced from business income, which the ICAI suggests should be updated for direct reflection.
The deadline for filing income tax returns is July 31, 2024.
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