The District Taxation Bar Association (Direct Taxes), Ludhiana has written a Memorandum to Finance Minister Nirmala Sitharaman wherein, they have highlighted 22 problems that are being faced by them and the taxpayers at large, on the New Income Tax Portal. Due to these issues and problems, not only are taxpayers and professionals unable to reply to the notices of the Income Tax Department, they are also unable to do compliances for which due dates are fast approaching.
Read the official Memorandum below:
Smt Nirmala Sitharaman ji,
The Union Finance Minister,
Government of India,
New Delhi.
Reg: Memorandum on the problems being faced in relation to New Income Tax Portal
Honorable Madam,
While we are proud of Your Honor as our Union Finance Minister for steering our economy so well even amidst & post-Covid difficult financial situation, we would like to bring to your kind notice the problems being faced with respect to the New Income Tax Portal through this Memorandum.
District Taxation Bar Association (Direct Taxes), Ludhiana was formed on 29th day of May, 1981 and for more than 39 years, the Bar Association has been serving to promote the Administration of Law and Justice and to promote up to date knowledge and study of taxation laws amongst the members by arranging seminars, talks and discussions on the subject of Direct Taxes. Our Association would like to invite your considerate intervention for resolving the following issues regarding New Income Tax Portal;
1. The Income Tax Return for the AY 2021-22 cannot be filed through any software or directly by uploading JSON file because this functionality has not been enabled at the Income Tax Portal. Due to this, the Public at large, who are applying for/ renewal of its Bank Loans, for applying tenders to various organization and for applying visa for going abroad etc. are facing lot of problems. Further, validation errors in Income Tax Return filing utility are not being resolved. Certain information not getting prefilled such as Bank interest and dividend and differences are appearing in TDS information prefilled and that appearing in FORM 26AS. Further, returns for A.Y. 2021-22 which are uploaded through utility available at the e-filing site are unable to e-verified by the aadhar or any other OTP.
2. The department has still not issued Schema (Electronic Form) of the various Income Tax Return Forms i.e. ITR-2, ITR-3, ITR-5, ITR-6 & ITR-7 even after the passing of 3.5 months of the year.
3. The Electronic Forms i.e. Form 3CA-3CD and form 3CB-3CD for Audit u/s 44AB of the Income Tax Act, 1961 are still not available at the Income Tax Portal.
4. Many Income Tax Returns for the Assessment Year 2020-21 are not being processed. Due to which Income Tax Refunds are pending with the department even after more than 6 months of filing of Income Tax Returns and thereby the assessees are facing Liquidity Issues.
5. The Form No. 15CA and 15CB which are required for remittance of funds out of India have not been enabled at the Income Tax Portal.
