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News Topical, Digital Desk : New Feature On ITR E-Filing Portal: In a major relief to taxpayers, the Income Tax Department has launched a new feature on its e-filing portal. This new feature allows taxpayers to apply for rectification against certain income tax orders directly online. Previously, this process was lengthy and complex, requiring either a manual application or a request through an Assessing Officer (AO).
What did the Income Tax Department say?
The Income Tax Department has informed that now rectification applications related to TP (Transfer Pricing), DRP (Dispute Resolution Panel) and Revision Order can be sent directly to the concerned authority through the e-filing portal.
- According to the department, taxpayers can visit the e-filing portal and
- Services tab
- Rectification
- Request to AO seeking rectification
- You can apply through this option.
Now the rectification process will be online
According to chartered accountant Suresh Surana, this update is a significant change for taxpayers. They will no longer have to make repeated visits to the office to correct obvious errors.
He explained that rectification applications can now be sent directly to the relevant tax authority, which can then make the necessary corrections to the original order. This will not only save time but also make the entire process more transparent and easier.
What are revision orders?
Revision orders are issued by senior income tax officers. If an order issued by an assessing officer is found to be incorrect or against the department's interests, it can be amended, changed, or revoked.
Under Section 263, the Principal Commissioner or Commissioner can revise an order that is detrimental to the department.
Under Section 264, the Commissioner has the authority to grant relief to a taxpayer if an order is found to be detrimental to the taxpayer.
Taxpayers will get relief
This new digital facility has made the rectification process completely online. This will not only reduce the need for physical documentation but also make operations more efficient and faster for both taxpayers and the department. Overall, this move by the Income Tax Department is considered another important initiative towards Digital India, which is expected to provide significant relief to taxpayers.
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