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You would be familiar with an e-filing platform available to submit Income Tax Returns (ITR). The new income tax portal (e-filing 2.0) was launched on May 20, 2021, with a unique design that provides greater convenience for taxpayers.
It is the official web portal from the Income tax department, a part of India's finance ministry, and was developed as part of the national e-government plan. The purpose of this portal is to enable taxpayers and other stakeholders with a single point of access to income tax-related services such as requesting refunds, penalties, exemptions, appeals, and file complaints. This article will assist you in understanding the newly reformed portal profoundly.
If you want to use the portal's services, first, you must complete the registration process. Once you've registered and logged in, the following services will be available to you.
And a lot more.
The primary features and benefits of the new income tax portal are listed below:
In a single dashboard, you can see all interactions, uploads, and pending actions, along with the follow-up activity options.
ITR preparation software is accessible both online and offline. If you have no prior understanding of tax or pre-filing, you can seek assistance via the portal's interactive questions. ITR-1, ITR-4, and ITR-2 software are currently available online and offline, while ITR-3, ITR-5, ITR-6, and ITR-7 are yet to be released.
It is connected with a 'new Call center' to provide immediate assistance to customers. Your concerns are addressed through various resources such as comprehensive FAQs, how-to videos, and chatbots, live operators.
There is a user-friendly, intuitive mobile application available to download. It can be effortlessly used to avail all the new portal's features at any time to file the ITR.
The new user-friendly platform will instantly process your Tax Return. Faster processing of tax returns means faster payouts.
With the new portal, you now have the option of making a variety of payments. RTGS, NEFT, credit card, UPI, and net banking are just a few of the methods you can use to make a payment.
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To file your ITR for the first time, you should register your account on the new tax filing portal. Here is a list of the required information and step-by-step instructions for registering and opening an account on the new income tax portal.
Before starting the registration process, ensure that the following conditions are met:
Here's a step-by-step explanation of how to sign up for the new income tax portal:
Note - Password should contain at least eight and no more than fourteen characters, should have both Capital and lowercase letters, at least one number, and one special character
Note - This personalised message is displayed each time you log into your new income tax portal account. Personalized message assists in determining whether or not you are logging into the legitimate website and not a fake one
You have been enrolled successfully on the new income tax portal website. You can now access your tax returns and other tax-related services by logging into your account
Here are a few helpful steps to use the e-filing 2.0 portal:
The following is the procedure for linking your Permanent Account Number (PAN) and Aadhaar on the new income tax portal.
The tax department claims there are 14 ways to log into the portal. You can log in via Aadhaar OTP, Net Banking, a static password, and other methods. The methods and credentials necessary are listed in the table below.
Method | Credentials |
---|---|
Aadhaar Number (Applicable for individual taxpayers) | User ID(Aadhaar) |
Registered Mobile/Email OTP | User ID (PAN) and password |
Aadhaar OTP (including the case where the E-Filing Vault option is enabled) | User ID (PAN) |
Internet Banking (e-filing vault higher security enabled) | User ID and password |
Internet Banking (e-filing vault higher security not enabled) | Net banking User ID and password |
Static Password | User ID (PAN) and password |
EVC Bank / Demat account (e-Filing Vault Higher Security enabled) | User ID (PAN) and password |
DSC | User ID (PAN) and password |
Mobile App - Scan QR Code | User ID (PAN) and password |
Mobile App - Push Notification | User ID (PAN) and password |
Mobile App-T-OTP | User ID (PAN) and password |
Login with CA, TAN, ERI, or External Agency ID | User ID (PAN) and password |
Login with ITDREIN User ID | User ID (PAN) and password |
DSC login (when e-Filing Vault Higher Security is activated) — for CA, TAN User, ERI, and External Agency | User ID (PAN) and password |
Below are the steps to access the new income tax portal using net banking:
Here is the process to log in to the new income tax portal using aadhaar OTP. Before this, you must have ‘Aadhaar OTP Login' activated in your profile.
Below are the steps to access the new income tax portal through an email address or mobile number:
Before filing ITR, make sure to calculate your Taxable Income according to the tax policy. Determine your category and choose an ITR form based on the definition provided by the income tax department for each ITR form. To e-file, your tax returns through the new income tax portal, follow the below steps.
Note - Individuals and HUFs who do not have a business or professional income can File ITR 2. Individuals can also pick between ITR1 and ITR4.
The income tax department has made all its services and critical features available on the income tax mobile application named Aaykar Setu to make things easier for consumers. It allows you to file your Taxes on the go. In addition to the ITR form, this mobile app helps you with refund claims and other services. It includes features like finding a tax return preparer near you, tools for calculating taxes, ask it - a chatbot, tax gyaan - a game, and a lot more.
Below are the ways to install the mobile application:
You can give a missed call on +91 7306525252
. The income tax department will send an SMS containing the installation link.
Go to the new income tax portal and click on the 'Taxpayer Services' option. Select the 'Ayakar Setu' mobile app and scan the QR code to download the application.
You can download this mobile app directly from the google play store or the Apple app store by searching for 'Aaykar Setu' in the respective stores' search box. Once downloaded, install it on your mobile phone.
This new e-filing portal offers several benefits intended to make the filing of ITRs as seamless and straightforward as possible. With an easy-to-use interface, you can file taxes from the comfort of your home or from anywhere in the world, demonstrating the progress India has made toward becoming a digital nation.