For support, write to us on: admin@taxsutra.com
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Direct Taxes)
New Delhi, 1st November, 2022
Sub: Draft common Income-tax Return-request for inputs from stakeholders and the general public- reg.
Presently, taxpayers are required to furnish their Income-tax returns in ITR-1 to ITR-7 depending upon the type of person and nature of income. The current ITRs are in the form of designated forms wherein the taxpayer is mandatorily required to go through all the schedules, irrespective of the fact whether that particular schedule is applicable or not. This increases the time taken to file the ITRs and in turn may create avoidable difficulties for taxpayers.
2. The proposed draft ITR takes a relook at the return filing system in tandem with international best practices. It proposes to introduce a common ITR by merging all the existing returns of income except ITR-7. However, the current ITR-1 and ITR-4 will continue. This will give an option to such taxpayers to file the return either in the existing form (ITR-1 or ITR-4) or the proposed common ITR, at their convenience.
3. The draft ITR aims to bring ease of filing returns and reduce the time for filing the ITR by individuals and non-business-type taxpayers considerably. The taxpayers will not be required to see the schedules that do not apply to them. It intends the smart design of schedules in a user-friendly manner with a better arrangement, logical flow, and increased scope of pre-filling. It will also facilitate the proper reconciliation of third-party data available with the Income-tax Department vis a vis the data to be reported in the ITR to reduce the compliance burden on the taxpayers.
4. The scheme of the proposed common ITR is as follows:
(a) Basic information (comprising parts A to E), Schedule for computation of total income (Schedule TI), Schedule for computation of tax (schedule TTI), Details of bank accounts, and a schedule for the tax payments (schedule TXP) is applicable for all the taxpayers.
(b) The ITR is customized for the taxpayers with applicable schedules based on certain questions answered by the taxpayers (wizard questions).
(c) The questions have been designed in such a manner and order that if the answer to any question is ‘no’, the other questions linked to this question will not be shown to him.
(d) Instructions have been added to assist the filing of the return containing the directions regarding the applicable schedules.
(e) The proposed ITR has been designed in such a manner that each row contains one distinct value only. This will simplify the return filing process.
(f) The utility for the ITR will be rolled out in such a manner that only applicable fields of the schedule will be visible and wherever necessary, the set of fields will appear more than once. For example, in the case of more than one house property, the schedule HP will be repeated for each property. Similarly, where the taxpayer has capital gains from the sale of shares taxable under section 112A only, applicable fields of schedule CG, relating to 112A, shall be visible to him.
4.1. As evident from above, the taxpayer is required to answer questions which apply to him and fill the schedules linked to those questions where the answer has been given as ‘yes’. As a result, the time and energy of the taxpayer will be saved and he will be relieved of the additional burden of going through all the parts of the ITR as is the requirement under the existing ITRs. This will increase ease of compliance.
5. The draft ITR, based on the above scheme, is enclosed in Annexure A. Further, a sample ITR illustrating the step-by-step approach for filing the ITR in Annexure B and two customized sample ITRs for the firm and company in Annexure C and Annexure D respectively are also enclosed for illustrative purposes. Annexure A is a consolidated document containing all the questions, schedules, and detailed instructions thereon. It is reiterated that only relevant questions/schedules will apply to a taxpayer. Once the common ITR Form is notified, after taking into account the inputs received from stakeholders, the online utility will be released by the Income-tax Department. In such a utility, a customized ITR containing only the applicable questions and schedules will be available to the taxpayer.
6. The inputs on the draft ITR may be sent electronically to the email address dirtpl4@nic.in with a copy to dirtpl1@nic.in by 15th December 2022.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi, 01 st November, 2022
PRESS RELEASE
CBDT condones delay in filing Form No.10A for which the extended due date was 31.03.2022
As per the provisions of the Income-tax Act, 1961, Form 10A was required to be filed electronically by 30.06.2021, which was extended to 31.08.2021 and further extended to 31.03.2022 by Circular No. 16/2021.
In view of the representations received by Central Board of Direct Taxes (CBDT) and with a view to avoid genuine hardship to taxpayers, the CBDT condones the delay in filing of Form 10A up to 25th November, 2022 in respect of certain provisions of section 12A / section 10(23C) / section 80G / section 35 of the Income-tax Act, 1961.
CBDT Circular No.22/2022 dated 01.11.2022 issued. The said Circular is available on www.incometaxindia.gov.in.
(Surabhi Ahluwalia)
Pr. Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT
Press Information Bureau
Government of India
Ministry of Finance
Dated: 27 OCT 2022
CBDT extends due date for filing of TDS statement in Form 26Q for the second quarter of Financial Year 2022-23
Considering the difficulties in filing of TDS statement in the revised and updated Form 26Q, the Central Board of Direct Taxes (CBDT) has extended the due date of filing of Form 26Q for the second quarter of Financial Year 2022-23 from 31st October, 2022 to 30th November, 2022.
CBDT Circular No. 21/2022 in F.No.275/25/2022-IT(B) dated 27.10.2022 issued. The said Circular is available on www.incometaxindia.gov.in.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi, 26th October, 2022
PRESS RELEASE
CBDT extends due date for furnishing Return of Income for the Assessment Year 2022-23
The Central Board of Direct Taxes (CBDT) has extended the due date of furnishing of Return of Income under sub-Section (1) of Section 139 of the Income- tax Act, 1961 (the Act) for the Assessment Year 2022-23, for the category of assessees for whom the due date is 31st October, 2022, to 07th November, 2022.
CBDT Circular No. 20/2022 in F.No.225/49/2021/ITA-II dated 26.10.2022 issued. The said Circular is available on www.incometaxindia.gov.in.
(Surabhi Ahluwalia)
Pr. Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT
FAQ's on filing of Returns
ITR- 1
Question 1:
Taxpayer getting error "SOMETHING WENT WRONG"
Resolution:
Please update the profile completely & then start new filing (ONLINE)
Or, please edit and update Area/ City/ Locality under contact details and confirm and try filing ITR using draft file in Online or Offline.
Question 2:
After login Taxpayer found all the slabs " personal details/gross deduction/taxpayer/total tax liability etc.. I found greater variations in total tax liability, but I couldn't edit any thing other than personal details.
Resolution:
Kindy try again after clearing the cookies and cache memories and Start new filing for online mode.
Question 3:
Taxpayer unable to e-verify "SUBMIT BUTTON NOT WORKING"
Resolution:
Kindy try again after clearing the cookies and cache memories and Start new filing for online mode.
Question 4:
Amount of Gross salary declared is less than the amount of gross salary declared in schedule TDS-1.
Resolution:
If TDS is greater than salary, kindly disclose correct values of salary and TDS deducted and then file ITR.
Question 5:
[#/ITR/ITR1/creationinfo/intermediatorycity:expected maxlength: 25,actual: 27]-please contact the developer of your utility with the error key.
Resolution:
Please update the profile completely & then start new filing (ONLINE)
Or, please edit and update Area/ City/ Locality under contact details and confirm and try filing ITR using draft file in Online or Offline.
Question 6:
Error."SCHEMA ERROR OCCURRED WHILE SUBMITTING THE FORM". Please try later.
Resolution:
Please update the profile completely & then start new filing (ONLINE)
Or, please edit and update Area/ City/ Locality under contact details and confirm and try filing ITR using draft file in Online or Offline.
Question 7:
Unable to open tax paid & tax liability option.
Resolution:
Kindly try again after clearing the cookies and cache memories and Start new filing for online mode.
ITR- 2
Question 1:
Submit button not working under proceed to verification.
Resolution:
Please update the profile completely & then start new filing (ONLINE)
Or, please edit and update Area/ City/ Locality under contact details and confirm and try filing ITR using draft file in Online or Offline.
Question 2:
Some thing went wrong, please try again.
Resolution:
Please update the profile completely & then start new filing (ONLINE)
Or, please edit and update Area/ City/ Locality under contact details and confirm and try filing ITR using draft file in Online or Offline.
Question 3:
[#/ITR/ITR2/ScheduleCFL/LOSSCFformprev8thyearformAY/carriedfwdlossdetails:requiredkey[DATEOFEFILING]not found] please contact developer of your utility with the error key.
Resolution:
Remove the entered (0) Zero value from the year for which CFL is not applicable.
Question 4:
TDS on the Salary can be claimed only if respective salary income is disclosed in Salary Schedule.
Resolution:
Please disclose the salary income under schedule salary, if TDS on salary income if claimed in return of income.
Question 5:
TDS on the salary cannot be more than the salary income declared in salary schedule.
Resolution:
TDS on salary cannot be more than salary income offered under schedule salary, Please enter the details appropriately as per form-16/26AS.
Question 6:
Error: "LAST NAME IS MANDATORY".
Resolution:
Please start new filing in Online to resolve this or download the latest prefill json from portal to file return in Offline utility.
Question 7:
In ITR utility for A.Y 2022-23 option of only section 54B is available for previous year 2019-20 under head Deemed capital gain in schedule Capital gain.
Resolution:
Time period for section 54B to utilize the capital gain is 2 years from the A.Y. in which the asset is sold than other sections 54 or 54F where it is 3 years. Hence, for filing return for A.Y. 2022-23, only section 54B is appearing under Deemed Capital in Schedule CG.
Question 8:
In schedule TDS for first 3 Quarters, i.e..., 01-04-2021 to 31-12-2021 is only showing, but in Form 26AS TDS for entire year is reflecting.
Resolution:
Taxpayer using old JSON file & has to download latest prefill JSON from the portal for filing of return.
OR
Fill the TDS information manually to proceed.
ITR- 3
Question 1:
Due to some technical error not able to process your request please try again if error persist quote error number ITD-EXEC-2003 when you contact customer care for quick resolution.
Resolution:
Do not use special characters such as (~, @, #, $, %, *, &, *. (,),”, ë, ã) and double spaces. In addition, during filing of form copying and pasting of content from one field to another is prohibited.
Question 2:
Schema error occurred while submitting your form please try later.
Resolution:
Please download the latest utility from portal and try again filing return or start new filing in Online to resolve this.
Question 3:
New tax regime U/S 115BAC cannot be opted with out furnishing form 10 IE or the details provided in ITR is incorrect.
Resolution:
Previous Year Form 10 IE details has to be entered in the in Part A General if already file form 10 IE for previous year.
Qestion 4:
Schedule BP amount of exempt income reduce from profit & gain of business & professing does not tally with income offered in schedule EI in column amount of share in profit from the schedule IF.
Resolution:
Remove the entered (0) Zero value under gross agriculture field in schedule EI and then file ITR.
Question 5:
Bad Request Error
Resolution:
Do not use special characters such as (~, @, #, $, %, *, &, *. (,),”, ë, ã) and double spaces. In addition, during filing of form copying and pasting of content from one field to another is prohibited.
Question 6:
The total of all Quarter of CG must be equal to final figure of schedule BFLA.
Resolution:
Taxpayer has to enter the quarterly breakups of capital gain income which should match with net income updated in schedule BFLA
ITR- 4
Question 1:
While submitting ITR form proceed to validation button is not working.
Resolution:
Kindy try again after clearing the cookies and cache memories and Start new filing for online mode.
Question 2:
Due to some technical error not able to process your request please try again if error persist quote error number ITD-EXEC-2003 when you contact customer care for quick resolution.
Resolution:
Do not use special characters such as (~, @, #, $, %, *, &, *. (,),”, ë, ã) and double spaces. In addition, during filing of form copying and pasting of content from one field to another is prohibited.
Question 3:
Schema error occurred while submitting your form please try later.
Resolution:
Start new filing in Online after updating the profile or download latest prefill json from portal to file in Offline mode
Question 4:
Some thing went wrong, please try again. While filing the return.
Resolution:
Start new filing in Online after updating the profile or download latest prefill json from portal to file in Offline mode
Question 5:
[#/ITR/ITR4/creationinfo/intermediatorycity:expected maxlength: 25,actual: 27]-please contact the developer of your utility with the error key.
Resolution:
Please update the profile completely & then start new filing (ONLINE)
Or, please edit and update Area/ City/ Locality under contact details and confirm and try filing ITR using draft file in Online or Offline.
ITR- 5
Question 1:
While file ITR- 5 the taxpayer getting error Access Denied
Resolution:
Kindy try again after clearing the cookies and cache memories and Start new filing for online mode.
Question 2:
Invalid Hash value identified, Modification to ITR details outside utility is not allowed
Resolution:
Please follow below steps to avoid "Hash value" issue in JSON/XML generated from excel utilities (where "Digest" is
1.Goto :Download Microsoft .NET Framework 3.5 Service pack 1 (Full Package) from Official Microsoft Download Center
2.Click on download button to download the framework, and proceed with its installation
3. Restart the computer and try to generate the JSON/XML again "
Question 3:
Schema error occurred while submitting you form, Please try later.
Resolution:
Please download the latest utility from portal for filing return in Offline mode or start new filing in Online.
Question 4:
While filing the return for AY 2021-22 the taxpayer getting error 234A,B,C is calculating
Resolution:
Please use latest offline utility available on portal and do a fresh return filing instead of resume filing by clearing history and cookies files from the browser and file your return. If issue persists kindly share the error screenshot, JSON file, PAN and contact details, for further assistance.
Question 5:
In Schedule BP, Sl NO. 20. Deemed income under section 41 should match value in field 14 of part A-OI
Resolution:
Enter the amount mentioned at the field 14 of schedule OI at the filed 20 schedule BP
Question 6:
ITR 5 AY 2022-23(Losses of current year to be carried forward at Part B TI is not equal to the Total of Current year losses of Schedule CFL.)
Resolution:
In case taxpayer is filing Belated return u/s 139(4) and loss is related to Unabsorbed depreciation then taxpayer to
enter the loss amount under schedule UD and remove it from schedule CFL to resolve this issue.
Question 7:
ITR-5 error in filing return with section 115BAD
Resolution:
Please file Form 10IF in case taxation under New Tax Regime under section 115BAD is opted
Question 8:
Something went wrong, Please contact customer care
Resolution:
Please latest offline utility available on portal and do a fresh return filing instead of resume filing. If issue persists
kindly share the error screenshot, JSON file, PAN and contact details, for further assistance.
ITR- 6
Question 1:
Invalid hash value identified, modification to ITR details outside utility is not allowed
Resolution:
If you are using Windows OS 8/8.1, MS office version 2016/ 2013 /2010, then kindly follow the given steps:
Install.Net3.5Framework (https://www.microsoft.com/en-in/download/details.aspx?id=21)
Restart the System
Download fresh Excel Utility and try to generate the XML.
To enable .Net Framework, Go to Control Panel ⇒ Programs ⇒ Programs and Features ⇒ Turn Windows features on or off ⇒ Select the .NET Framework 3.5 (includes.NET2.0and3.0) checkbox, select OK and Restart the System.
Download fresh Excel Utility and try to generate the XML.
Question 2:
In Schedule MAT, SR,no 5a should be minimum of [ sr,no 54 7 55 of schedule P&L orSL no, (54+55) of schedule P&L - indAS]
Resolution:
Value entered at Sl. No. 5 of Schedule MAT should be minimum of sum of Sl. No. 54 & 55 of Schedule P&L/Schedule
P&L - Ind AS
Question 3:
Error in filling schedule 112A or 115AD
Resolution:
Taxpayer has to refer the instructions and help content provided under schedule 112A to fill the schedules properly
Question 4:
Error in filing return w.r.t section 115BA/115BAA/115BAB
Resolution:
Form 10IB/10IC/10ID should be filed in case taxpayer opting for taxation under section 115BA/115BAA/115BAB for the first time. Further if form is already filed then kindly enter correct Details of the form filed
Question 5:
Zipcode at Sr No 2 in sheet General 2 is mandatory. If zipcode is not available then enter XXXXXX.
Resolution:
Kindly enter the details in General information sheet and proceed further.
Question 6:
Name does not match with the name as per the PAN Database
Resolution:
Please check the name appearing under My profile section on portal and name prefilled in return. In case of any
mismatch then please report your issue for further assistance.
ITR- 7
Question 1:
Session expired
Resolution:
Taxpayer has to clear the history and cookie caches and try again.
Question 2:
Caught error description as null
Resolution:
Please use the departmental latest utility instead of using third party utility for filing return and to resolve this issue.
Question 3:
Schema error occurred while submitting you form, Please try later.
Resolution:
Please download the latest utility from portal for filing return in Offline mode or start new filing in Online.
Question 4:
PLEASE ENTER THE DETAILS IN SCHEDULE IE-1
Resolution:
Please enter the amounts correctly under respective schedule in utility and the file ITR.
Question 5:
ITR 7 AY 22-23(Upload level-Kindly upload ITR with correct status,i.e with that of "political party"
Resolution:
Taxpayer to select the 44AB applicability option as 'No' at the time of uploading the json on portal if taxpayer is audited under any section other than section 13A in ITR-7. This is as pet Rule 12 of the Income Tax Rules.
Question 6:
ITR 7 AY 2022-23(The source of fund to meet revenue application at Sl.N0 E should be equal to Total application of income revenue during the Year at Sl,noD)
Resolution:
Income applied during the year has to be from Source of fund derived during the year. Please verify the amount filled in ITR and then file return.