{"id":3613,"date":"2021-06-18T10:11:39","date_gmt":"2021-06-18T10:11:39","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=3613"},"modified":"2025-09-26T13:07:37","modified_gmt":"2025-09-26T13:07:37","slug":"key-features-of-new-income-tax-portal","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/","title":{"rendered":"KEY FEATURES OF NEW INCOME TAX PORTAL"},"content":{"rendered":"<figure id=\"attachment_3614\" aria-describedby=\"caption-attachment-3614\" style=\"width: 1158px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/KEY-FEATURES-OF-NEW-INCOME-TAX-PORTAL.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3614\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/KEY-FEATURES-OF-NEW-INCOME-TAX-PORTAL.jpg\" alt=\"KEY FEATURES OF NEW INCOME TAX PORTAL\" width=\"1158\" height=\"581\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/KEY-FEATURES-OF-NEW-INCOME-TAX-PORTAL.jpg 600w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/KEY-FEATURES-OF-NEW-INCOME-TAX-PORTAL-300x151.jpg 300w\" sizes=\"(max-width: 1158px) 100vw, 1158px\" \/><\/a><figcaption id=\"caption-attachment-3614\" class=\"wp-caption-text\">KEY FEATURES OF NEW INCOME TAX PORTAL<\/figcaption><\/figure>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dd16d5d76c8\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dd16d5d76c8\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/#KEY_FEATURES_OF_NEW_INCOME_TAX_PORTAL\" title=\"KEY FEATURES OF NEW INCOME TAX PORTAL\">KEY FEATURES OF NEW INCOME TAX PORTAL<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/#NEW_INCOME_TAX_PORTAL\" title=\"NEW INCOME TAX PORTAL\">NEW INCOME TAX PORTAL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/#KEY_POINTS_OF_NEW_PORTAL\" title=\"KEY POINTS OF NEW PORTAL\">KEY POINTS OF NEW PORTAL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/#FEATURES_OF_EXISTING_PORTAL\" title=\"FEATURES OF EXISTING PORTAL\">FEATURES OF EXISTING PORTAL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/#_OBLIGATIONS_OF_TAXPAYER_UNDER_NEW_PORTAL\" title=\"\u00a0OBLIGATIONS OF TAXPAYER UNDER NEW PORTAL\">\u00a0OBLIGATIONS OF TAXPAYER UNDER NEW PORTAL<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/key-features-of-new-income-tax-portal\/#Common_Income_Tax_Notices_Actions_Required\" title=\"Common Income Tax Notices &amp; Actions Required\">Common Income Tax Notices &amp; Actions Required<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"KEY_FEATURES_OF_NEW_INCOME_TAX_PORTAL\"><\/span><span style=\"color: #ff0000;\">KEY FEATURES OF NEW INCOME TAX PORTAL<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"NEW_INCOME_TAX_PORTAL\"><\/span><span style=\"color: #000080;\"><strong>NEW INCOME TAX PORTAL<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Th IT department is in communication with the Government, to launch their new e-filing portal\u00a0<a href=\"http:\/\/www.incometax.gov.in\/\">www.incometax.gov.in<\/a>, and the same be operational from 7<sup>th<\/sup> June 2021. The existing portal will be non-operational or Taxpayers and government between June 1-6. The aim of the new portal is at providing taxpayer convenience and a modern, seamless\u00a0experience for ITR filing. It is integrated prefiling ITR software and fast and easier refund systems.<\/p>\n<p>All interactions, documents uploaded or pending actions will be displayed on a single dashboard for follow-up action by the taxpayer. Apart from this, a new call centre be instituted, for taxpayer, assisting them with immediate answers to their queries. Also, a mobile app be provided for access to Tutorials, Videos and chatbot or live agent, for all key functions and working of the new portal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"KEY_POINTS_OF_NEW_PORTAL\"><\/span><span style=\"color: #000080;\"><strong>KEY POINTS OF NEW PORTAL<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Launching of new portal would lead to non-availability of e-filing services from 01.06.2021 to 06.06.2021 on the Income Tax portal.<\/li>\n<li>The new portal be operational from 7th June, 2021.<\/li>\n<li>The aim of the new portal is at providing taxpayer convenience and a modern, seamless\u00a0experience for ITR filing.<\/li>\n<li>It is a taxpayer friendly portal equipped with immediate processing of Income Tax Returns (ITRs) and issuance of quick refunds to taxpayers.<\/li>\n<li>All interactions and uploaded documents along with any pending actions will be displayed on a single dashboard for follow-up action by taxpayer<\/li>\n<li>The department provides free of cost ITR preparation software for use either online and offline. Included in this, are interactive questions to help taxpayers fill ITR even without any tax knowledge, with pre-filling, for minimizing data entry effort.<\/li>\n<li>Commencing a call centre service for taxpayer, to get assistance for immediate answers to taxpayer queries with FAQs, Tutorials, Videos and chat box\/live agent.<\/li>\n<li>Mobile app be launched, to provide all key portal functions performed on desktop.<\/li>\n<li>The new portal come with multiple new payment options using net banking, UPI, Credit Card and RTGS\/NEFT from any account of taxpayer in any bank, for easy payment of taxes.<\/li>\n<li>The department has decided not to fix any compliance during the period of blackout.<\/li>\n<li>It is further proposed that the hearing of cases or compliances by the department shall commence from 10<sup>th<\/sup> June 2021 onwards, to provide taxpayers with enough time to accommodate to new portal.<\/li>\n<li>The Department also comes with external entities including Banks, MCA, GSTN, DPIIT, CBIC, GeM, DGFT and the taxpayers can avail services of PAN verification etc. and request them to make arrangements to ensure that their customers\/stakeholders are apprised, so that any relevant activity can be completed prior to or after the blackout period.<\/li>\n<li>The new portal will provide free of cost ITR preparation software available online and offline with interactive questions to help taxpayers fill ITR even without any tax knowledge, with pre-filling, for minimising data entry effort.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"FEATURES_OF_EXISTING_PORTAL\"><\/span><span style=\"color: #000080;\"><strong>FEATURES OF EXISTING PORTAL<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The income tax portal was created and launched by the Income Tax Department, in order to provide an e-filing platform to their taxpayers. The users, who are the taxpayers, access the portal and file their income tax returns and other related forms. Income tax portal also provides for following activities \u2013\n<ul>\n<li>E-verification of ITR by the assessee.<\/li>\n<li>Viewing and responding to income tax demand, raised by the department.<\/li>\n<li>Filing of periodic audit reports and certificates.<\/li>\n<li>Viewing of tax credit statement in Form 26AS.<\/li>\n<li>Verification and matching of TDS deducted and claimed.<\/li>\n<li>Making of request for re-issue of refunds.<\/li>\n<li>Facility related to intimation regarding notices and circulars from IT department.<\/li>\n<li>Requesting the department for making changes in the ITR particulars.<\/li>\n<li>Linking of Aadhaar with PAN.<\/li>\n<li>Lodging of grievance on customer portal.<\/li>\n<li>Responding to the e-proceedings.<\/li>\n<li>The department used the platform to let their users file their ITR online, and thus, the authority can verify the same online. Also, they can upload other forms for further processing, issue notices, receive a response from the taxpayers and communicate the final orders such as assessment, appeals, exemption and penalties.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_OBLIGATIONS_OF_TAXPAYER_UNDER_NEW_PORTAL\"><\/span><strong>\u00a0<\/strong><span style=\"color: #000080;\"><strong>OBLIGATIONS OF TAXPAYER UNDER NEW PORTAL<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The taxpayer is required to re-register their Digital Signature Certificate (DSC) in the new portal, since the same will not be migrated, due to security reasons.<\/li>\n<li>Also, the person is required to update their user ID and latest mobile number under primary contacts of their profile.<\/li>\n<li>Most important is linking their Aadhaar and also pre-validate their bank account, since the same be used for processing of refunds.<\/li>\n<li>The taxpayer is also required to reset their e-Filing Vault Higher Security Options.<\/li>\n<\/ul>\n<h2 data-start=\"188\" data-end=\"239\"><span class=\"ez-toc-section\" id=\"Common_Income_Tax_Notices_Actions_Required\"><\/span><span style=\"color: #000080;\">Common Income Tax Notices &amp; Actions Required<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9447\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/11.jpg\" alt=\"common Issue in income tax \" width=\"1280\" height=\"1299\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/11.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/11-296x300.jpg 296w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/11-1009x1024.jpg 1009w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/11-768x779.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/11-800x812.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<ol data-start=\"241\" data-end=\"544\">\n<li data-start=\"241\" data-end=\"544\">\n<p data-start=\"244\" data-end=\"301\"><strong data-start=\"244\" data-end=\"299\">Section 143(1) \u2013 Intimation after return processing\u00a0<\/strong><\/p>\n<ul data-start=\"305\" data-end=\"544\">\n<li data-start=\"305\" data-end=\"377\">\n<p data-start=\"307\" data-end=\"377\"><strong data-start=\"307\" data-end=\"318\">Reason:<\/strong> Mismatch in TDS, incorrect deductions, errors in return.<\/p>\n<\/li>\n<li data-start=\"381\" data-end=\"544\">\n<p data-start=\"383\" data-end=\"396\"><strong data-start=\"383\" data-end=\"394\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"402\" data-end=\"544\">\n<li data-start=\"402\" data-end=\"441\">\n<p data-start=\"404\" data-end=\"441\">Log in to IT portal \u2192 check notice.<\/p>\n<\/li>\n<li data-start=\"447\" data-end=\"487\">\n<p data-start=\"449\" data-end=\"487\">If correct \u2192 pay tax within 30 days.<\/p>\n<\/li>\n<li data-start=\"493\" data-end=\"544\">\n<p data-start=\"495\" data-end=\"544\">If incorrect \u2192 file rectification with documents.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"2\" data-start=\"551\" data-end=\"813\">\n<li data-start=\"551\" data-end=\"813\">\n<p data-start=\"554\" data-end=\"606\"><strong data-start=\"554\" data-end=\"604\">Section 245 \u2013 Adjustment against previous dues<\/strong><\/p>\n<ul data-start=\"610\" data-end=\"813\">\n<li data-start=\"610\" data-end=\"663\">\n<p data-start=\"612\" data-end=\"663\"><strong data-start=\"612\" data-end=\"623\">Reason:<\/strong> Refund due, but earlier dues pending.<\/p>\n<\/li>\n<li data-start=\"667\" data-end=\"813\">\n<p data-start=\"669\" data-end=\"682\"><strong data-start=\"669\" data-end=\"680\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"688\" data-end=\"813\">\n<li data-start=\"688\" data-end=\"725\">\n<p data-start=\"690\" data-end=\"725\">Respond within 15 days on portal.<\/p>\n<\/li>\n<li data-start=\"731\" data-end=\"765\">\n<p data-start=\"733\" data-end=\"765\">If agreed, refund is adjusted.<\/p>\n<\/li>\n<li data-start=\"771\" data-end=\"813\">\n<p data-start=\"773\" data-end=\"813\">If no response, refund is auto-adjusted.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"3\" data-start=\"820\" data-end=\"1115\">\n<li data-start=\"820\" data-end=\"1115\">\n<p data-start=\"823\" data-end=\"871\"><strong data-start=\"823\" data-end=\"869\">Section 142(1) \u2013 Inquiry before assessment<\/strong><\/p>\n<ul data-start=\"875\" data-end=\"1115\">\n<li data-start=\"875\" data-end=\"961\">\n<p data-start=\"877\" data-end=\"961\"><strong data-start=\"877\" data-end=\"888\">Reason:<\/strong> Preliminary inquiry when return is not filed \/ further details needed.<\/p>\n<\/li>\n<li data-start=\"965\" data-end=\"1115\">\n<p data-start=\"967\" data-end=\"980\"><strong data-start=\"967\" data-end=\"978\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"986\" data-end=\"1115\">\n<li data-start=\"986\" data-end=\"1015\">\n<p data-start=\"988\" data-end=\"1015\">File return (if pending).<\/p>\n<\/li>\n<li data-start=\"1021\" data-end=\"1060\">\n<p data-start=\"1023\" data-end=\"1060\">Submit requested documents on time.<\/p>\n<\/li>\n<li data-start=\"1066\" data-end=\"1115\">\n<p data-start=\"1068\" data-end=\"1115\">Non-response can lead to penalties or scrutiny.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"4\" data-start=\"1122\" data-end=\"1419\">\n<li data-start=\"1122\" data-end=\"1419\">\n<p data-start=\"1125\" data-end=\"1181\"><strong data-start=\"1125\" data-end=\"1179\">Section 133(6) \u2013 Request for financial information<\/strong><\/p>\n<ul data-start=\"1185\" data-end=\"1419\">\n<li data-start=\"1185\" data-end=\"1280\">\n<p data-start=\"1187\" data-end=\"1280\"><strong data-start=\"1187\" data-end=\"1198\">Reason:<\/strong> Seeks clarification on high-value transactions (bank deposits, property, etc.).<\/p>\n<\/li>\n<li data-start=\"1284\" data-end=\"1419\">\n<p data-start=\"1286\" data-end=\"1299\"><strong data-start=\"1286\" data-end=\"1297\">Action:<\/strong><\/p>\n<ul data-start=\"1305\" data-end=\"1419\">\n<li data-start=\"1305\" data-end=\"1370\">\n<p data-start=\"1307\" data-end=\"1370\">Share relevant documents (bank statements, property records).<\/p>\n<\/li>\n<li data-start=\"1376\" data-end=\"1419\">\n<p data-start=\"1378\" data-end=\"1419\">Submit before deadline to avoid scrutiny.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"5\" data-start=\"1426\" data-end=\"1688\">\n<li data-start=\"1426\" data-end=\"1688\">\n<p data-start=\"1429\" data-end=\"1468\"><strong data-start=\"1429\" data-end=\"1466\">Section 139(9) \u2013 Defective return<\/strong><\/p>\n<ul data-start=\"1472\" data-end=\"1688\">\n<li data-start=\"1472\" data-end=\"1552\">\n<p data-start=\"1474\" data-end=\"1552\"><strong data-start=\"1474\" data-end=\"1485\">Reason:<\/strong> Errors or missing data (income details, wrong deductions, etc.).<\/p>\n<\/li>\n<li data-start=\"1556\" data-end=\"1688\">\n<p data-start=\"1558\" data-end=\"1571\"><strong data-start=\"1558\" data-end=\"1569\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"1577\" data-end=\"1688\">\n<li data-start=\"1577\" data-end=\"1609\">\n<p data-start=\"1579\" data-end=\"1609\">15 days to correct &amp; refile.<\/p>\n<\/li>\n<li data-start=\"1615\" data-end=\"1646\">\n<p data-start=\"1617\" data-end=\"1646\">File revised return online.<\/p>\n<\/li>\n<li data-start=\"1652\" data-end=\"1688\">\n<p data-start=\"1654\" data-end=\"1688\">Ignoring \u2192 return becomes invalid.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"6\" data-start=\"1695\" data-end=\"1928\">\n<li data-start=\"1695\" data-end=\"1928\">\n<p data-start=\"1698\" data-end=\"1730\"><strong data-start=\"1698\" data-end=\"1728\">HRA &amp; TDS mismatch notices<\/strong><\/p>\n<ul data-start=\"1734\" data-end=\"1928\">\n<li data-start=\"1734\" data-end=\"1791\">\n<p data-start=\"1736\" data-end=\"1791\"><strong data-start=\"1736\" data-end=\"1747\">Reason:<\/strong> Differences in HRA claims or TDS details.<\/p>\n<\/li>\n<li data-start=\"1795\" data-end=\"1928\">\n<p data-start=\"1797\" data-end=\"1810\"><strong data-start=\"1797\" data-end=\"1808\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"1816\" data-end=\"1928\">\n<li data-start=\"1816\" data-end=\"1842\">\n<p data-start=\"1818\" data-end=\"1842\">Ensure TDS compliance.<\/p>\n<\/li>\n<li data-start=\"1848\" data-end=\"1888\">\n<p data-start=\"1850\" data-end=\"1888\">Keep rent receipts &amp; landlord\u2019s PAN.<\/p>\n<\/li>\n<li data-start=\"1894\" data-end=\"1928\">\n<p data-start=\"1896\" data-end=\"1928\">File updated return if required.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"7\" data-start=\"1935\" data-end=\"2168\">\n<li data-start=\"1935\" data-end=\"2168\">\n<p data-start=\"1938\" data-end=\"1976\"><strong data-start=\"1938\" data-end=\"1974\">Section 143(2) \u2013 Scrutiny notice<\/strong><\/p>\n<ul data-start=\"1980\" data-end=\"2168\">\n<li data-start=\"1980\" data-end=\"2027\">\n<p data-start=\"1982\" data-end=\"2027\"><strong data-start=\"1982\" data-end=\"1993\">Reason:<\/strong> Detailed examination of return.<\/p>\n<\/li>\n<li data-start=\"2031\" data-end=\"2168\">\n<p data-start=\"2033\" data-end=\"2046\"><strong data-start=\"2033\" data-end=\"2044\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"2052\" data-end=\"2168\">\n<li data-start=\"2052\" data-end=\"2084\">\n<p data-start=\"2054\" data-end=\"2084\">Cooperate, submit documents.<\/p>\n<\/li>\n<li data-start=\"2090\" data-end=\"2120\">\n<p data-start=\"2092\" data-end=\"2120\">Attend hearings if called.<\/p>\n<\/li>\n<li data-start=\"2126\" data-end=\"2168\">\n<p data-start=\"2128\" data-end=\"2168\">Non-response \u2192 best judgment assessment.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"8\" data-start=\"2175\" data-end=\"2421\">\n<li data-start=\"2175\" data-end=\"2421\">\n<p data-start=\"2178\" data-end=\"2224\"><strong data-start=\"2178\" data-end=\"2222\">Section 148 \u2013 Income escaping assessment<\/strong><\/p>\n<ul data-start=\"2228\" data-end=\"2421\">\n<li data-start=\"2228\" data-end=\"2269\">\n<p data-start=\"2230\" data-end=\"2269\"><strong data-start=\"2230\" data-end=\"2241\">Reason:<\/strong> Undisclosed income found.<\/p>\n<\/li>\n<li data-start=\"2273\" data-end=\"2421\">\n<p data-start=\"2275\" data-end=\"2288\"><strong data-start=\"2275\" data-end=\"2286\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"2294\" data-end=\"2421\">\n<li data-start=\"2294\" data-end=\"2333\">\n<p data-start=\"2296\" data-end=\"2333\">File revised return or explanation.<\/p>\n<\/li>\n<li data-start=\"2339\" data-end=\"2374\">\n<p data-start=\"2341\" data-end=\"2374\">Respond within notice deadline.<\/p>\n<\/li>\n<li data-start=\"2380\" data-end=\"2421\">\n<p data-start=\"2382\" data-end=\"2421\">Ignoring \u2192 reassessment with penalties.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ol start=\"9\" data-start=\"2428\" data-end=\"2665\">\n<li data-start=\"2428\" data-end=\"2665\">\n<p data-start=\"2431\" data-end=\"2487\"><strong data-start=\"2431\" data-end=\"2485\">Section 271AAC(1) \u2013 Penalty for unexplained income<\/strong><\/p>\n<ul data-start=\"2491\" data-end=\"2665\">\n<li data-start=\"2491\" data-end=\"2556\">\n<p data-start=\"2493\" data-end=\"2556\"><strong data-start=\"2493\" data-end=\"2504\">Reason:<\/strong> Unexplained income (e.g., cash deposits, assets).<\/p>\n<\/li>\n<li data-start=\"2560\" data-end=\"2665\">\n<p data-start=\"2562\" data-end=\"2575\"><strong data-start=\"2562\" data-end=\"2573\">Required Action from Taxpayer :<\/strong><\/p>\n<ul data-start=\"2581\" data-end=\"2665\">\n<li data-start=\"2581\" data-end=\"2618\">\n<p data-start=\"2583\" data-end=\"2618\">Provide documentation to explain.<\/p>\n<\/li>\n<li data-start=\"2624\" data-end=\"2665\">\n<p data-start=\"2626\" data-end=\"2665\">Penalty = 60% of income if unexplained.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<figure id=\"attachment_3709\" aria-describedby=\"caption-attachment-3709\" style=\"width: 1197px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3709\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f.jpg\" alt=\"New income tax portal \" width=\"1197\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f.jpg 1197w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f-281x300.jpg 281w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f-958x1024.jpg 958w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f-768x821.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/d20ea5a1-7e82-4d64-9a9a-5d0356eeb38f-800x855.jpg 800w\" sizes=\"(max-width: 1197px) 100vw, 1197px\" \/><\/a><figcaption id=\"caption-attachment-3709\" class=\"wp-caption-text\"><span style=\"color: #ffffff;\">New income tax portal<\/span><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>KEY FEATURES OF NEW INCOME TAX PORTAL NEW INCOME TAX PORTAL Th IT department is in communication with the Government, to launch their new e-filing portal\u00a0www.incometax.gov.in, and the same be operational from 7th June 2021. The existing portal will be non-operational or Taxpayers and government between June 1-6. The aim of the new portal is &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[142],"tags":[826],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3613"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=3613"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3613\/revisions"}],"predecessor-version":[{"id":9448,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3613\/revisions\/9448"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=3613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=3613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=3613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}