[volkman10]

Originally Posted by manjubp

Wanted to check, if anyone of you were able to login to new income tax website at https://www.incometax.gov.in.

Even after 3 days, I am not able to login and helplines are just impossible to get connected.

Working to resolve glitches, will take a few days:

we have observed some technical issues on day one, and are working to resolve the

Link

[ToThePoint]

Originally Posted by manjubp

Wanted to check, if anyone of you were able to login to new income tax website at https://www.incometax.gov.in.

Even after 3 days, I am not able to login and helplines are just impossible to get connected.

It's down since launch day. Here is what FM had to say.

[SatJordan]

Originally Posted by manjubp

Wanted to check, if anyone of you were able to login to new income tax website at https://www.incometax.gov.in.

Even after 3 days, I am not able to login and helplines are just impossible to get connected.

Yes, even I am not able to access the website nor login. Hopefully, it will get resolved soon and as usual, many of the due dates have already been extended. I guess the need for an improved website was warranted by the faceless assessment and other sophisticated changes brought about by the Income Tax Act. Excited!

[vivek_lo]

I tried today, I was able to log in. It was too slow to respond. Going to each menu was taking ages and hence I could not explore much. Navigation looks cumbersome, perhaps will improve with time. They have added typical graphics of last few years returns, trends etc.
I was looking for downloading Form 26 AS, which was hidden under Tax returns!

[techcoze]

Son gifts around 30 lakh to his senior citizen father, father invest it to gain some income (from FD, stocks & F&O). Will this income be clubbed with the son's income since the fund source was from him? (I heard that clubbing not applicable in the case of parents).
Also, will gift tax be applicable for parents?

Some say income will be clubbed whereas some say it will not
E.g. following blog by a CA says clubbing not applicable - https://www.charteredclub.com/tax-fd-mother-father/

Does anyone here have clarity on this?

[TD_GHY]

Originally Posted by techcoze

Son gifts around 30 lakh to his senior citizen father, father invest it to gain some income (from FD, stocks & F&O). Will this income be clubbed with the son's income since the fund source was from him?

Since it is a gift, it is now the father's money. The fruits of it will be enjoyed by him, and so any taxes on it after investing it and deriving income will be paid for by the father only.

However, if the funds provided for by the son for not from his known source of income, then it will get tricky. Then, to prove that the said money is not "unexplained" will be upon the son.

Also, will gift tax be applicable for parents?

No. Provided it was from his son's known sources of income.

[whitewing]

Originally Posted by ToThePoint

It's down since launch day. Here is what FM had to say.

A strange way for a client to communicate to a vendor to say the least. Wonder what the babus were thinking of when they signed off to go live.

Originally Posted by vivek_lo

I tried today, I was able to log in. It was too slow to respond. Going to each menu was taking ages and hence I could not explore much. Navigation looks cumbersome, perhaps will improve with time. They have added typical graphics of last few years returns, trends etc.
I was looking for downloading Form 26 AS, which was hidden under Tax returns!

A large improvement over the past few day - earlier we were only able to login :-)
Yesterday, I was able to login and use the portal - the UI is much more current, although I'm not sure if that jazzup was required at the cost of 4K Cr. Perhaps there was a need to revamp the backend. I'm digressing.

I wanted to download the prefilled ITR2 forms, while I was able to download the JSON, the offline filing utility did not download - no message, no error. Looks like there are still some glitches. Hopefully they get resolved.
The prefilled JSON does not have capital gains recorded, although it has the taxpaid/TDS and bank account details correctly mapped.

[manjubp]

Still I am unable to login, even once. Everytime I tried with post entering the password, I get this screen and there is no option to choose to continue.

[kavensri]

I was able to login and hence thought of submitting my mother's IT returns. There were lot of glitches while filling. After getting rid of those issues, I could come until we do e-verify. Here, I wanted to e-verify through aadhar, but i was not getting OTP even after trying so many times. Then i wanted to submit it and then do e-verify later. Even that did not succeed.
So, my observation is, this portal had got so many issues (almost at every step) and I just wonder how a company like Infosys can develop such a SW and release it without proper testing?

[manjubp]

Originally Posted by kavensri

I was able to login and hence thought of submitting my mother's IT returns. There were lot of glitches while filling. After getting rid of those issues, I could come until we do e-verify. Here, I wanted to e-verify through aadhar, but i was not getting OTP even after trying so many times. Then i wanted to submit it and then do e-verify later. Even that did not succeed.
So, my observation is, this portal had got so many issues (almost at every step) and I just wonder how a company like Infosys can develop such a SW and release it without proper testing?

I am sure if this would happen to a corporate customer, the impact on business could have been much severe. It is another issue, the corporate customer would have never released without a trial run and stress test.

[techcoze]

Planning to file ITR for my father this year (never filed ITR so far). But PAN-Aadhar linking is still pending due to some data discrepancies.

Will i be able to file ITR even if PAN-Aadhar linking is not done?


(P.S. - Planning to get done linking done once pandemic cools down, not sure if it will complete before ITR deadline)

[Rajeev1]

Originally Posted by kavensri

I was able to login and hence thought of submitting my mother's IT returns.
So, my observation is, this portal had got so many issues (almost at every step) and I just wonder how a company like Infosys can develop such a SW and release it without proper testing?

I managed to login today and after navigating the site for a couple of hours, I am still clueless about how to file my return. For context - I am a Chartered Accountant myself and have filing returns through the old portal for more than ten years. The new "Utility" and "JSon files" are either not compatible with the Microsoft OS on my laptop or I have become outdated and am no longer compatible with the new income tax website

It beats me why the Government wanted to fix things which were not broken....and spend Rs.4k crores doing it.

If any of you are able to successfully navigate the new portal and file your return - please let me know.

[kavensri]

Originally Posted by Rajeev1

If any of you are able to successfully navigate the new portal and file your return - please let me know.

Today I was able to submit and e-verify my mother's and wife's IT returns. Both are ITR-1 form. But, in the email that i have received after submitting, the 'Acknowledgement' attachment itself is missing! Anyway, I can download this thing from the portal any time and hence I am not worried. But talk about their 'upgraded' SW!

Mine is ITR-2 and the first step is to download the utility, that itself failed

[binand]

Today I tried to access the old portal, incometaxindiaefiling.gov.in to see if AY2021-22 ITRs are available or not, but was automatically redirected to the new portal - incometax.gov.in. I was slightly nonplussed. Anyway, checked out the Download section - found that this time round, we have a common ITR combining all of 1-4. And the download now is a .EXE (middle finger to Mac/Linux users?) which just seems like a container around some web pages. There was a mention of Online mode/Offline mode and lots of JSON references, so I think things have changed substantially and it is best to read through the documentation before trying anything.

The existing documentation seems to be entirely contained here (note the "instrutions" in the URL):

https://www.incometax.gov.in/iec/fop...al-instrutions

[sunilch]

Question for Old hands:: How do you ofset LTCG tax? I had to clear my portfolio for personal reasons and now face a substantial LTCG tax in coming AY. How can I ofset it? Any investment vehicle that can help? (Similar to what we have for property based LTCG)