Category Archives: ITR Registration Process

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ITR U filing last date: December 31 is the last date for filing returns for these taxpayers

Category:ITR Registration Process,Income Tax Portal Tags : 

Income Tax Return: We are just a few days away from the new year. Before the new year starts, make sure that all your income tax work is done.

Only a few days are left for the new year to begin. Before the new year starts, make sure that all the work related to income tax is settled. 31 December 2022 The last date for filing revised income tax return for the financial year 2021-22 is 31 December 2022. As per the Income Tax Act, if a person misses the last date for filing the original income tax return, he can file ITR till December 31.

If you missed there is still chance
So if a person has not filed return on or before 31st July 2022 then he has a chance to file ITR before 31st December 2022.

Similarly, if you have made a mistake while filing your original income tax return, the taxpayer can rectify the mistake by filing a revised income tax return. The last date for submission of revised ITR for the financial year 2021-22 remains 31 December 2022.

If you miss to file ITR then you can file ITR under section 139(4) of Income Tax Act 1961. However, the process of submitting it is the same as filing a normal ITR. Taxpayers should be aware of two things while filing this document. First, opt for section 139(4) on your tax return and pay penalty, penalty interest, and the appropriate amount of unpaid tax.

These taxpayers will be fined
Under Section 234F of the Income Tax Act, a penalty of Rs 5,000 is imposed on the taxpayer for delay in filing ITR. However, small taxpayers whose taxable income does not exceed Rs 5 lakh will have to pay a penalty of Rs 1,000 only. Late ITR filing fee should be paid before starting ITR filing.

Let us tell you that according to the Central Board of Direct Taxes, taxpayers who have not provided details in ITR, having income through online gaming, lottery or gaming, will have to file an updated ITR and provide details therein. Under the Income Tax rules, taxpayers who fill wrong or partial information in their ITR are also required to file an updated ITR.


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How to Register on the New Income Tax Portal for Filing ITR

Category:Income Tax Portal,ITR Registration Process Tags : 

To file your Income Tax Return (ITR) using the government’s new Income Tax Filing Portal, you will need to register yourself and open an account with the portal. Therefore, if you are filing an ITR for the first time, you must first register on the new Income Tax Filing Portal to file your return.

Below is a step-by-step guide on how to register and open an account with the new income tax filing website.

Additional Conditions for Registration on New Income Tax Portal

Before starting registration on the new Income Tax Portal, one must ensure the following:
a) Individuals should have a valid and active PAN
b) mobile phone number
c) Email ID

Step-by-step guide to register on the new income tax portal
Here is a step by step guide on how to register on the new income tax portal
Step 1: Go to the new Income Tax Portal: www.incometax.gov.in

Step 2: On the new portal, click Register

Step 3: Make sure “Taxpayer” is selected. Enter your PAN and click Verify. If your PAN is already registered or deactivated, you will receive an error message. Confirmation is required if you want to register as an “individual taxpayer”. After successfully verifying the PAN, click Continue.

Step 4: Next, you need to enter basic details such as Last Name, First Name, Middle Name, Date of Birth (as per PAN), Gender and Residence Status (Resident/Non-Resident). Once you’ve filled in these details, click ‘Continue’.

Step 5: In the next tab, you will need to provide your contact details i.e. primary mobile number and primary email id. You’ll also need to choose whether the primary mobile phone number and email address are yours or someone else’s. You will also need to enter your residential correspondence address.

Step 6: A separate One Time Password (OTP) will be sent to your mobile number and email ID. Remember, these OTPs are only valid for 15 minutes. After entering the OTP, click Continue.

Step 7: You need to verify all the details that you have entered in the previous tab. If there is any mistake in the details you have mentioned, you will get the option to edit it in the last step. After verifying the details, click Confirm.

Step 8: Now enter your desired password and enter the same password as confirmation password. Remember, your password should include the following:
a) Must be a minimum of 8 characters and a maximum of 14 characters.
b) must contain uppercase and lowercase letters
c) must have at least one number
d) must be special characters

You will also be required to enter personal information of up to 25 characters. This message will be shown to you every time you log into your account on the new Income Tax Portal.
This will help you make sure you’re logging into the original website and not a fake one.

After entering your message, click Register. You will be successfully registered on the new Income Tax Portal.

You can now log in to file your tax return and/or use other tax related services.


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