New Delhi: Taxpayers, who have filed documents through e-filing account and followed faceless assessment proceedings, do not require e-verification and digital signature, the central government has stated. This has come as the extended due date of Income Tax Return filing on December 31 is approaching.
© Debjit Sinha | India.com Business Desk The ITR form now contains pre-filled details of certain incomes such as salary income and the scope of information for pre-filling is being further expanded. “In order to further ease compliance in filing documents, the Govt. has clarified that e-verification and digital signature is not required if documents are filed through an e-filing account in Faceless Assessment proceedings,” the Ministry of Finance has tweeted.
To make tax compliance more convenient, per-filled income tax returns (ITR) have been provided to individual taxpayers. The ITR form now contains pre-filled details of certain incomes such as salary income and the scope of information for pre-filling is being further expanded.
“Pre-filled ITRs to individual taxpayers make filing of ITRs easier and encourage compliance. Initial pre- filled data includes salary income. Scope of data for pre-filling is being expanded to include interest, dividend etc,” Ministry of Finance stated.
More than 3 crore Income Tax Returns have been filed on the new e-filing website of the Income Tax Department as on December 3, 2021. The number of ITRs filed per day is over 4 lakh, Ministry of Finance said in a statement.
The Income Tax Department strongly urges all taxpayers to view their Form 26AS and Annual Information Statement (AIS) through the e-filing portal to verify the accuracy of the TDS and Tax Payments and avail of pre-filing of ITRs. It is important for taxpayers to cross check the data in the AIS statement with their bank passbook, interest certificate, Form 16 a nd capital gains statement from brokerages in case of purchase and sale of equity or mutual funds, the Ministry of Finance said in the statement.