Report Wire - Working very carefully with I-T dept on tax portal: Infosys CEO Salil Parekh

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Working very carefully with I-T dept on tax portal: Infosys CEO Salil Parekh

2 min read
File Photo of Infosys CEO Salil Parekh

Infosys CEO Salil Parekh on Wednesday stated the corporate is working carefully with the Income Tax (IT) division on the following set of areas associated to the I-T portal as new modules will probably be added to it.

Infosys has developed the brand new revenue tax e-filing portal ‘www.incometax.gov.in, however quickly after it went dwell taxpayers flagged many glitches that led to criticism of the IT firm.

Following glitches within the portal, the IT division needed to permit handbook submitting of remittance varieties and prolonged the due dates for digital submitting of varieties associated to intimation by pension funds and sovereign wealth funds.

The authorities on Tuesday prolonged until March 15 the deadline for corporates to file Income Tax returns for the fiscal ended March 2021. This is the third extension given to corporates for submitting the revenue tax return for 2020-21 fiscal. The unique deadline for submitting ITR for corporates was October 31, and people with switch pricing transactions was November 30.

Over 5.62 crore returns have been filed until December 31 final yr.

“On the I-T project, we are extremely proud that as of December 31, as was reported, 5.8 crore returns were filed through that timeframe. On the day itself, over 46 lakh returns were filed and the deadline was maintained…” Parekh instructed reporters after the corporate introduced its earnings.

He additionally stated that customers have been in a position to make use of the portal to file their tax returns and that the corporate was grateful that it might contribute to the Digital India imaginative and prescient.

“Going forward, we are working very closely with the (I-T) Department on the next set of areas that will become part of this system as new modules are put together,” he stated.

In the wake of glitches being reported on the portal, the finance ministry on August 23 had “summoned” Parekh to elucidate why points continued to plague the portal.

Several technical points have since been resolved and the efficiency of the portal has considerably stabilised.

On December 16, senior officers of the ministry had a gathering with the Infosys group on the preparedness of the e-filing web site throughout the peak submitting interval.

In that assembly, Infosys had knowledgeable the officers concerning the steps taken, together with augmentation of the technical infrastructure and establishing a devoted warfare room to observe the efficiency of the portal.

(With inputs from PTI)

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