According to Nangia Andersen LLP, “The new utility is a user-friendly functionality for filing of returns and will afford greater ease to the taxpayers. The CBDT has been working incessantly to simplify procedures and to create a taxpayer-friendly tax regime. Further, it shall enable the taxpayers to pay taxes, verify and upload the ITR through the utility itself,” adds Neha. “The Income Tax Department has notified that the subsequent releases will have a questionnaire-based functionality that will help taxpayers to identify which ITR is applicable to them. The taxpayers shall have to download the pre-filled data from the income tax e-filing portal and import the same on the new utility, which enables users to edit and save returns, pre-filled data and profile data,” says Neha Malhotra, Director, Nangia Andersen India.Įarning Rs 6 lakh, Rs 8 lakh, Rs 10 lakh or Rs 12 lakh? Pay this tax without deductions A step-by-step guide for using the said utility has been issued, giving instructions as to its installation and application. “Notably, the offline utility, based on new technology JSON (JavaScript Object Notation), has been enabled only for ITR 1 and ITR 4, other ITRs will be added in the subsequent releases.
In place of the Excel and Java version of ITR utilities, the CBDT has introduced JSON utility and released a step-by-step guide for using the new utility. From AY 2021-22, the income tax department has discontinued the Excel and Java version of ITR utilities. Taxpayers are required to file their income tax return (ITR) of the financial year 2020-21 by July 31, 2021, unless the government goes for an extension of the last date of ITR filing. The tax filing season for the assessment year 2021-22 has begun with the start of the new financial year from April 1.
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