Social Media Rumours on changing ITR forms rules are rejected by CBDT

The Central Board of Direct Taxes (CBDT) on Tuesday disproved reports in social media about changes being executed in ITR form2 and 3. The income tax division expressed that only the utility software has been refreshed which won’t hamper the filing of returns. Meantime, there were reports in social media that the tax payers were confronting difficulties in efiling of income tax return in ITR-2 and ITR3 for the financial year 2018-19 because of wide-scale alterations in the ITR form for the AY 2019-20

“No progressions have been made in any of the Income-tax return(ITR) forms including ITR-2 and ITR-3 since the warning made on April 1 2019, which is on the first day of the Assessment Year 2019-20,” CBDT said.

The income tax expert has explained that the software utility for e-filing of all the ITR forms has been published long back on second May and on tenth May 2019 separately. However, the software utility update is a dynamic procedure and is persistently taken up according to the input received from the clients/filers to ease their experience in electronic filing of returns.

Other than this, it has additionally explained that the updating of utility does not hamper filing of return as the taxpayers are permitted to file ITR utilizing the utility which is accessible by that time. Despite the fact that the utility is being updated routinely to give ease to taxpayers, the returns filed by utilizing the past version of utility will continue being substantial. It is relevant to express that the updation in the utility of ITR forms depends on feedback and basically went for facilitating the compliance burden of the tax payers by encouraging simpler e-filing. For example, this year, the advantage of pre-filling of return forms has been given dependent on the information given in the TDS statement.

This facility has been refreshed in the utility therefore. This would generously diminish the efforts of taxpayers in filling of return forms. It is emphasized that there are no changes in the mentioned ITR forms; just the utility has been updated to encourage the taxpayers. Hence, the affirmation that various changes have been made in ITR-2 and ITR-3 on July 11, 2019, does not give a correct picture.

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