Queries related to Income Tax eFiling

Hey there!

It is mandatory to register on the incometaxefiling portal, to be able to file ITR. Once you have an e-filing account, you can log in and file your ITR online.

Have questions around how to file Income Tax return online? Ask away!

Hey @TeamQuicko

Can you tell me about ITD’s new ITR filing utility for AY 2021-22?

Hey @HarshitShah

To improve the tax filing process, the Income Tax Department has decided to do away with the excel and java-based utility and has launched a new offline JSON-based utility for the AY 2021-22. The new utility will help taxpayers import prefilled data and edit it before filing the income tax return (ITR).

The taxpayers can download the pre-filled data from the income tax e-filing portal and fill in the rest of the data. This imported prefilled data can be edited to change basic information such as address and all. Currently, the utility can be used to file ITR1 to ITR 4. ITD has also released a step-by-step guide to using the utility.

Hope this helps! :slight_smile:

Is it possible to file ITR online without an account on the Income Tax e-filing portal?

What should be done in case of discrepancies in actual TDS and TDS credit under Form 26AS?

Hey @Amitabh_Verma

It is mandatory to create an account on the Income Tax e-filing portal to file your ITR online. It is a hassle-free quicko process. One can register on the portal by providing relevant details such as user type, PAN, first name, surname, date of birth, and fill in the registration form.

Hey @Niraj

Many times mismatches and discrepancies in actual TDS and TDS credit under Form 26AS happen because of wrong information provided in the TDS return. One can approach the employer/deductor to file a revised TDS return after making the necessary corrections.

The income-tax department allows an assessee to mention the reason for mismatch in the online portal in answer to a notice sent by them.

Hope this helps! :slight_smile:

Hi, actually I filed ITR 1(A.Y. 2013-14) due to notice served in Jan month.

The ITR is pending for verification. Ask the options aren’t available for me client i.e Aadhar verification,evc etc. Only thing is I got my clients DSC. but option of DSC for e-verification is not showing. I can’t send CPC to Bengaluru since it will take time. How can I use DSC to e-verify my already filed return

Hi @Arsheen

The option to e-verify ITR using DSC is to be selected while filing. Once you have filed your ITR only option available for e-verification is EVC/Aadhar OTP or sending ITR V to CPC Bangalore. You have 120
days from the date of e-Filing to e-verify your ITR.

So if 120 days are not over you can send the signed ITR V to CPC Bangalore to get it e-verified and processed.

Hope this helps :slightly_smiling_face:

Hey Yesha,

How does my tax filing stand, if I’m not a resident and have already filed taxes in the residing country? The stock trades were a total loss! and no other income

Thanks!

Hi @Sharath

It is suggested to file ITR as NRI in India if you have trading transactions even if there are losses.
If you do not file ITR then there are high chances of your PAN getting flagged by the IT department for non-filing of ITR.
Also, If you file the ITR on time you can take benefit of carry forwarding the losses and setting off those losses against the profits in future years.

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