COMPLIANCE PORTAL – INCOME TAX

COMPLIANCE PORTAL – INCOME TAX

What is Compliance Portal – Income Tax?

Compliance portal is the dedicated portal operationalized to enable e-verification (i.e. capture of response on specific compliance related issues in a structured manner) for effective compliance monitoring and evaluation. COMPLIANCE PORTAL – INCOME TAX

How to access Compliance Portal?

To access the Compliance Portal, log into the e-filing portal (https://incometaxindiaefiling.gov.in) and click the Compliance Portal link available under My Account or click the ‘Compliance’ tab. You can also access the Home page of the Compliance Portal.

What is Compliance Management?

Compliance management is the process which ensures that taxpayer complies with the obligations under the tax laws. The taxpayer is expected to submit the response in the desired format on compliance portal.

What is e-verification?

e-verification is process of verification of an issue and related information using electronic communication. It involves capture of response on specific compliance related issues in a structured manner.

How are cases for e-verification identified?

Cases for e-verification are identified on the basis of scenarios and rules approved by the Central Board of Direct Taxes.

Which portal will be used for e-verification?

Earlier e-verification was being done on e-filing portal. The e-verification will gradually shift to Compliance portal which is a dedicated portal operationalized under Project Insight to enable e-verification (i.e. capture of response on specific compliance related issues in a structured manner) for effective compliance monitoring and evaluation. The Compliance portal also enables a seamless, secured two way structured communication to enhance the transparency and functional efficiency of the department.

How will the taxpayer come to know about pending e-verification?

If any case is pushed to compliance portal for e-verification, Email and SMS will be sent to the taxpayer informing that information has been received in the case and response may be submitted on the Compliance Portal.

How do I ensure that I receive all communication about e-verification?

Please verify and update the email address and mobile number on the e-filing portal (at https://incometaxindiaefiling.gov.in ) to receive electronic communication. Taxpayer should also include the emails and SMS from the Income tax Department in the ‘safe list’ or ‘white list’ to prevent the communications from the Department from being blocked or rejected or sent to Spam folder.

What action is required from me if I receive a communication?

Once a communication is received, taxpayer should log into the Compliance Portal and check the details of issues generated and submit adequate response for the same.

What happens after submission of my online response?

The responses submitted online by the taxpayers will be verified by the Income tax department. If the response is found to be satisfactory, the case will be closed. Otherwise, further queries may be raised or suitable proceedings may be initiated.

Compliance Portal_FAQs_V5.0

e-Campaign – Compliance Portal

What is e-Campaign?

Under e-Campaign tab of Compliance Portal, information received from various sources related to the taxpayer is displayed for seeking feedback. The taxpayer is required to submit response on each information item to complete the process of submission of response.

Following e- Campaign functionalities are available:

  • e- Campaign – Significant Transaction
  • e- Campaign – Non filing of Return
  • e- Campaign – High Value Transactions

What is ‘Significant Transactions’ under e-Campaign?

Transactions reported to the Income Tax department during a financial year that are considered not in line with the profile of the taxpayer based on pre-defined rules are displayed to the taxpayer for feedback.

What is ‘Non-Filing of Return’ under e-Campaign?

Transactions of the taxpayer who have not filed return of income for a specific assessment year and have potential tax liability or who are under obligation to file return of income, are displayed for feedback

What is ‘High Value Transactions’ under e-Campaign?

Certain transactions of the taxpayer reported in their ITR which have been found to be inconsistent with the information received from the third party for a specified Assessment Year are displayed to the taxpayer for feedback.

Compliance Portal Login

How to login to Compliance Portal?

Step 1: Login to the e-filing portal by using the URL ttps://incometaxindiaefiling.gov.in/

Step 2: Click on the ‘Compliance Portal’ link available in “My Account” or “Compliance” tab.

Step 3: The user will be redirected to the compliance Portal.

Is it necessary to login to Compliance Portal? What happens if I don’t log in?

If you do not log in, you will not be able to respond to the issues.

e-filing portal login

How can I login to e-filing Portal?

You can login to the e-filing portal by using the URL ttps://incometaxindiaefiling.gov.in/

If you are a new user, please click on “Register Yourself” on the e-filing portal and select your user type. Once user type is selected, all the mandatory fields are to be filled up and after a successful registration, you can login to the e-filing portal.

If you are a registered user, you will be able to login through your user id and password created at the time of registration.

Compliance Portal_FAQs_V5.0

Hassle-free filing of Income Tax Return

Income Tax Slab for FY 2020-21:

Refer Income Tax Slabs 2020

TDS (Tax Deducted at Sources) Slab for FY 2020-21:

Refer TDS Rates Charts for FY 2020-21

Rate of Depreciation as per Companies Act 2013:

Refer Depreciation Rate as per Companies Act

Rate of Depreciation as per Income Tax Act 1961:

Refer Depreciation Rate as per Income Tax Act

Share this post