• Registered Users :
  • 163758
  • Current Active Users :
  • 103939

News INCOME TAX

  • Jul 22, 2024
  • CBDT goes for major overhaul of IT system with Taxnet 2.0: How soon users' experience expected to improve in filing ITR?

    In order to make the income tax systems work more reliably, the Central Board of Direct Taxes (CBDT) has awarded the Taxnet 2.0 project to Bharti Airtel. As per a press release by CBDT on July 19, 2024, this collaboration with Airtel is aimed at providing network connectivity, facility management services, and video conferencing solutions to the Income Tax Department.

    Experts say that this project can make the e-filing ITR portal work faster, as currently it is plagued with various network-related glitches and issues.

    "Recently many taxpayers faced issues while using the online facility for ITR filing as opening each page of the tab was taking substantial time. We can expect that in the next season of ITR, taxpayers may find the e-filing portal's interface to load at a faster speed," says Mihir Tanna, Associate Director-Direct tax, S.K Patodia & Associates LLP.