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The Income Tax Department on June 7 launched the new e-filing portal. Here's step-by-step guide for downloading Form 26AS from the new portal
To register DSC on the new website, one must have a valid user ID and password from the old portal
Gifts received and loans (with or without interest) from relatives in the form of money, jewellery, property, vehicle, etc. are tax-free
Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns.
Any donation received in the form of 'financial help' would be added to the total income of the recipient and taxed as per the current income tax slabs
In response to the Citizen's grievances, finance minister Nirmala Sitharaman tweeted urging Infosys co-founder Nanadan Nilekani to fix the glitches in the new income tax portal.
In the new system, taxpayers will be able to pay their taxes on the same portal and it will reflect in returns
New ITR e-filing website: Check out the look of the new website of the Income Tax e-filing portal
Section 80C tax-saving options: The deduction under Section 80C is available only to individual parent, guardian or sponsor for a maximum of two children per taxpayer
Income Tax e-filing: Any mistake increases the possibility of the taxpayer receiving a notice from the Income Tax department