@CNBCTV18Live@TimsyJaipuria Site is crashed, Tax Professionals worked whole night , instead of extension we are getting mental tension. Wrost experience of working on a government portal in @Infosys and this government era.
Key issues with ITR filing
@FinMinIndia@IncomeTaxIndia
New Procedure for Feeding Deduction Details: The introduction of a detailed and complex system for submitting deduction particulars demands significant effort and time from taxpayers, especially salaried individuals and small businesses.
Increase in New Assessees Due to UPI Transactions: A large number of new taxpayers have been brought into the tax net because of reporting of UPI transactions, requiring many first-time filers to navigate the system and comply correctly.
Complex Compliance on LTCG/STCG Reporting: The revised and complicated compliance requirements around reporting of Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG) have increased the filing complexity notably.
Non-Availability of TIS/AIS Facility: The Taxpayer Information System (TIS) and Annual Information Statement (AIS) facilities, which help taxpayers verify their pre-filled information, have not been available for over a week, severely affecting the ability of taxpayers to file accurately and on time.
https://t.co/orFriy7mnG
AOTAA urges FM to extend AY 2025-26 tax deadlines citing late release of ITR/TAR forms, portal glitches, floods, festivals & compliance load. Seeks: non-audit ITRs till Sept 30, TAR till Oct 31, ITRs with TAR till Nov 30 & belated ITRs till Feb 28, 2026. https://t.co/1Dwqf3HocG