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Bottomline | My tryst with the Income Tax portal

The new income tax e-filing portal is a welcome change from a user perspective, but glitches still remain.

By Sonal Sachdev  Jan 15, 2022 4:19:58 PM IST (Published)


How long does it take to file your income tax? Just a few minutes now, if you don’t have any issues with the income and deductions captured by the income tax portal. The taxman now, with more and more transactions linked to PAN, has a good handle on how much you earn, save and spend. That makes him difficult to dodge, especially if you are in the formal sector. The informal sector is another story altogether, but we aren’t going there.
The Ease of Filing
The new e-filing portal is a boon to ordinary taxpayers, especially the salaried, as much of your income and other details on savings and deposits, including interested earned on them, gets captured. And it is simple to fill your forms online and file your returns.
All you need to do, is to check all your personal details and make any corrections. Also, run through the income and deductions captured and tally them with your Form 16 and real savings and investment numbers. Make any changes required by adding or modifying the required fields.