Quick Summary
The Income Tax Department is gearing up to introduce a new and improved e-filing portal, as part of Project IEC 3.0, to replace the current platform (IEC 2.0). According to an internal circular dated October 8, 2024, the department is planning substantial changes to make the portal more user-friendl
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FAQ :
Project IEC 3.0 is the Income Tax Department's initiative to launch a new and improved e-filing portal, replacing the current platform (IEC 2.0) with advanced features for taxpayers.
The article states the new portal is 'to launch soon' and that a committee will submit its findings by November 30, 2024, suggesting the launch will follow this feedback period.
The new portal is expected to offer faster ITR processing and refunds, an enhanced user interface, improved data security, and more efficient resolution of taxpayer grievances.
Yes, the Income Tax Department has invited suggestions from taxpayers and stakeholders to gather feedback on the strengths and weaknesses of the current system for incorporation into the new portal.
A committee, led by an officer of the rank of Commissioner of Income Tax (CIT) or above, has been formed to gather feedback from various stakeholders.
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