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Saturday, 2 April 2016

IT Dept Processes 6.53 Lakh Online Correction Requests In Income Tax Returns

Neww Delhi: Income tax department has processed over 6.53 lakh online correction applications in 2015-16 fiscal and asked the assessees to make use of the e-filing portal for correcting mistakes in Income tax returns.

CPC has already processed 6,53,763 online correction requests in 2015-16 till February 29, 2016.
CPC has already processed 6,53,763 online correction requests in 2015-16 till February 29, 2016.
The Central Board of Direct Taxes (CBDT) in a statement said the e-filing portal of the I-T department provides the utility for online filing and tracking of correction requests.
“Taxpayers who are not satisfied with the outcome of processing of their Income Tax Return by the Centralised Processing Centre (CPC) Bengaluru, can avail of the facility of online filing and tracking of correction requests onhttps://incometaxindiaefiling.gov.in,” CBDT said.
CPC has already processed 6,53,763 online correction requests in 2015-16 till February 29, 2016. Section 154 of the Income-tax Act provides the taxpayer with an option to seek rectification of mistakes in record.
CBDT said a detailed user manual for filing online correction is available on the e-filing portal, on which the taxpayer can also monitor the status of disposal of rectification request.
It said in case of any mistake in data entry of tax payment or TDS details, taxpayer can select the “Rectification Request Type->Taxpayer is correcting data for Tax Credit mismatch only” and use the option of pre-filling the correct details.
In case of data entry mistake in any other Schedule or omission of any details, the taxpayer can select the option “Taxpayer is correcting Data in Rectification” and the reason for seeking rectification. In any other case taxpayer can select the option “No further Data Correction Required, Reprocess the case” where the mistake in processing may have occurred due to non-reporting of TDS by deductor etc, CBDT said.
“CBDT is committed to ensuring accuracy in processing of returns and determination of refunds and seeks the active cooperation of taxpayers in ensuring correctness of data while submitting the return or correction request,” the statement added.
Inputs with PTI

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