ITR offline: Income tax department launches offline utility for ITR 1, 4 – Times of India

NEW DELHI: The earnings tax (I-T) department has launched the offline utility for taxpayers submitting ITR – 1 and 4 for 2020-21 fiscal yr.
The offline utility is on the market on the e-submitting portal and relies on new know-how ‘JSON’ (JavaScript Object Notation), which is a light-weight weight format for storing knowledge.
The offline utility may be downloaded on computer systems with working system Windows 7 or later variations.
“This Offline Utility is enabled only for ITR-1 and ITR-4. Other ITRs will be added in the utility in subsequent releases,” the department mentioned, whereas releasing the step-by-step information for its submitting.
ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are easier types that cater to a big quantity of small and medium taxpayers. Sahaj may be filed by a person having earnings as much as Rs 50 lakh and who receives earnings from wage, one home property / different sources (curiosity and so on).
ITR-4 may be filed by people, Hindu Undivided Families (HUFs) and companies with whole earnings as much as Rs 50 lakh and having earnings from enterprise and occupation.
I-T return filers can import and pre-fill the info from e-submitting portal and may also fill the remaining knowledge. Since the ability to add ITR on the e-submitting portal just isn’t but enabled, filers can fill and save the offline utility.
“Once filing is enabled, you can upload the same at e-filing portal,” the I-T department added.
Through the offline utility, taxpayers shall must obtain the pre-stuffed knowledge from the earnings tax e-submitting portal and import the identical on the brand new utility, which permits customers to edit and save returns, pre-stuffed knowledge and profile knowledge.
Nangia Andersen India director Neha Malhotra mentioned the brand new utility is a person-pleasant performance for submitting of returns and can afford better ease to the taxpayers.
“The utility itself provides help in the form of FAQs, guidance notes, circulars and provisions of the law so as to enable hassle-free return filing. The government’s efforts, to build a favourable tax regime for taxpayers cannot be disregarded. Augmenting simplicity and removing impediments will go a long way in increasing compliance and facilitating good governance,” Malhotra added.
Last week, the I-T department had notified types for submitting tax returns for 2020-21.