With the Revenue Tax Returns (ITR) submitting deadline approaching, quite a few troubled netizens have reported encountering glitches on the tax-filing portal and dealing with important difficulties throughout the process. A contemporary survey has mentioned that almost half the taxpayers are but to file their ITR.
The survey, carried out by LocalCircles, a social media platform, pegged the proportion of taxpayers who’re but to file Revenue Tax Return at 49%.Moreover, it discovered that 33% of taxpayers have confronted or are extremely more likely to face difficulties within the submitting course of, with as many as 11% admitting that it might be unattainable for them to finish the process efficiently earlier than the thirty first of July deadline.
Digging deeper into the explanations behind these difficulties, the survey reported that 16% of taxpayers are struggling to acquire the required paperwork. Chartered Accountants (CAs) for 14% of taxpayers have reported dealing with difficulties, however the major downside, reportedly troubling as many as 38% of the respondents, is the submitting portal itself.
Generally cited points embody login failures, unresponsive pages, timeouts, issues with pre-filled information, and difficulties in importing giant recordsdata. There have additionally been studies of inconsistent calculations for capital positive aspects and overseas revenue tax, together with non-reflection of filings post-submission.
Additionally Learn | ITR Filing FY 2023-24: What is Form 16 and how you can download it to file your income tax return
Within the midst of this outcry-choked whirlwind, the Institute of Chartered Accountants of India (ICAI) and the Karnataka State Chartered Accountants Affiliation (KSCAA), together with different Chartered Accountant associations, have reportedly written to the Revenue Tax Division requesting a speedy decision of those points.
They’ve additionally urged the division to think about extending the submitting deadline in gentle of those substantial roadblocks, with the survey, which collected information from taxpayers throughout 311 districts, suggesting that the revised date for a similar be set for mid- or end-August to ease the undue stress being positioned on taxpayers.
The survey, carried out by LocalCircles, a social media platform, pegged the proportion of taxpayers who’re but to file Revenue Tax Return at 49%.Moreover, it discovered that 33% of taxpayers have confronted or are extremely more likely to face difficulties within the submitting course of, with as many as 11% admitting that it might be unattainable for them to finish the process efficiently earlier than the thirty first of July deadline.
Digging deeper into the explanations behind these difficulties, the survey reported that 16% of taxpayers are struggling to acquire the required paperwork. Chartered Accountants (CAs) for 14% of taxpayers have reported dealing with difficulties, however the major downside, reportedly troubling as many as 38% of the respondents, is the submitting portal itself.
Generally cited points embody login failures, unresponsive pages, timeouts, issues with pre-filled information, and difficulties in importing giant recordsdata. There have additionally been studies of inconsistent calculations for capital positive aspects and overseas revenue tax, together with non-reflection of filings post-submission.
Additionally Learn | ITR Filing FY 2023-24: What is Form 16 and how you can download it to file your income tax return
Within the midst of this outcry-choked whirlwind, the Institute of Chartered Accountants of India (ICAI) and the Karnataka State Chartered Accountants Affiliation (KSCAA), together with different Chartered Accountant associations, have reportedly written to the Revenue Tax Division requesting a speedy decision of those points.
They’ve additionally urged the division to think about extending the submitting deadline in gentle of those substantial roadblocks, with the survey, which collected information from taxpayers throughout 311 districts, suggesting that the revised date for a similar be set for mid- or end-August to ease the undue stress being positioned on taxpayers.
