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ITR filing: I-T department issues top 10 FAQs

The Income Tax Department has issued a set of FAQs (Frequently-Asked Questions) on top 10 queries asked by taxpayers while filing their ITRs. (Photo: iStock)

Many taxpayers and individuals have been urging the Government to extend the last date, however, it is expected that there will be no extension of the last date this year like the previous two years.

Take a look a top 10 clarifications sought by taxpayers on ITR filing,

1) Taxpayers whose mobile number is not linked to Aadhar card can reset the password on income tax e-filing portal using either a valid digital signature certificate or by logging into internet banking, the department said.

2) The IT department also said that should check his book of records and provide information in the IT return.

3) It takes around 3-4 days for different banks to provide information to the department. Generally, it gets updated in the tax-returns data.

4) Taxpayers can also opt to wait for the required time period for auto reflecting details of the taxes paid in ITR.

5) In cases where taxpayer has already filled in additional details over and abover pre-filled details, the taxpayers can enter such payment details manually afte clicking on 'Add Details' link for advance tax and self-assessment tax payment details under schedule 'Taxes Paid'.

6) For resetting password without e-filing OTP, user can reset password using a valid Digital Signature Certificate (DSC) or can login directly into e-filing account through internet banking.

7) The DSC should be linked to the PAN card of the taxpayer and user can reset password even if the certificate is not registered on the portal, the IT department said.

8) In situation of difference between income as shown in AIS and 26AS, the department clarified that income reflected in AIS and 26AS are based on information received from different sources and tax compliance made by different stakeholders. These are made available to the taxpayer for reference purpose.

9) AKM Global Head of Tax Markets Yeeshu Sehgal said that the FAQs provided by the Income-Tax department clarifies all the queries of the taxpayers on time.

10) According to IT Act, the due date for filing I-T returns varies based on taxpayer's categories. It says that the salaried individuals needs to file their income tax returns by July 31, whereas corporates can file their returns by October 31 of the assessment year.

(With PTI inputs)

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