The Income Tax Department of India has introduced a new feature on its e-filing portal that allows taxpayers to file rectification requests online for incorrect processing of their Income Tax Returns (ITRs).
Previously, if there was an error in processing an ITR, such as discrepancies in the Annual Information Statement (AIS) or TDS certificates, taxpayers had to file a rectification application either with the Centralized Processing Center (CPC) or the Assessing Officer (AO), depending on who had access rights to the ITR. If the ITR was with the CPC, the rectification could be filed online, but if it was with the AO, it had to be submitted on paper, causing delays and complications.
Now, taxpayers can submit rectification requests online, even if their ITR is with the AO. This new feature simplifies the process, removing the need for manual submissions and speeding up the resolution of discrepancies.
This online rectification system is useful for taxpayers facing mismatches in their income, tax credits, or deductions. Previously, rectification requests and documents had to be submitted manually, but now the process is more efficient with an online application system and a searchable database.
The new online system is ideal for correcting simple errors that don’t need detailed justification. Common issues that can be corrected include:
This online process makes it easier to address errors, saving time and reducing manual work for taxpayers.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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