ICAI Highlights Tax Payment Issues to CBDT on ITR Portal
Currently, the income tax portal is facing payment-related issues that are hindering assesses, CAs, and tax filers from completing their transactions. Users encounter error messages when attempting to make payments, prompting the Institute of Chartered Accountants of India (ICAI) to raise these concerns with the Central Board of Direct Taxes (CBDT).
Representations to Finance Ministry
ICAI has sent representations to the finance ministry regarding the issues with the Income Tax Portal. In one representation, they emphasized the payment issues that users are facing. The Institute stated, “…technical glitches in filing returns and making payment of taxes, such as unavailable services, failure to make challan payments, and error messages during payment, are hampering taxpayers’ efforts to file returns and pay taxes.”
Addressing the Deadline
With the deadline for filing returns for the assessment year 2024-25 approaching, ICAI stressed the importance of addressing and rectifying the technical errors in the income tax e-filing portal. This action is essential for individuals, Hindu Undivided Families (HUFs), and firms not subject to a tax audit to file their returns and pay taxes efficiently within the deadline.
Impact on Taxpayers
As issues persist on the income tax portal, taxpayers are left with concerns about financial losses. The potential late fees for missing the filing deadline add to the burden faced by the middle-class taxpayers and CAs handling a backlog of ITRs. Despite the challenges, taxpayers are urged to fulfill their obligations and pay their dues on time to avoid penalties.
Immediate Attention Required
The lack of extensions or relief schemes from the finance ministry adds to the urgency of resolving the portal issues. Speculation about deliberate delays for revenue purposes raises concerns about the burden falling on taxpayers rather than the government. The call for prompt action from the ministry or technical team is crucial to alleviate the challenges faced by taxpayers.
E-Filing Software for FY 2023-24
Ensuring timely tax filing and payments is vital, regardless of the technical difficulties. Immediate action is necessary to enhance the income tax portal’s performance and user experience. By addressing these issues promptly, the government can alleviate the financial strain on taxpayers and maintain a smooth tax filing process.
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Main Points
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Conclusion
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