4 New Functionalities added to AIS Module on IT Portal; Know Details

The Income Tax Portal has been revamped and updated recently. The portal has new features in the AIS Module and TIN 2.0 in addition to visual and usability adjustments.

The Central Board of Direct Taxes Chairman of the Ministry of Finance, Government of India, Nitin Gupta, unveiled the redesigned National Income Tax Website at Chintan Shivir, Udaipur, Rajasthan.

The new functionalities in the AIS Module are as follows:

• AIS Utility for MAC operating system is now available
• A new column “Quarter” has been added for information on purchase of securities & mutual funds and on receipt of dividend on mutual fund holdings starting from F.Y. 2023-24
• AIS utility with the ability to edit feedback enabled – To make it easier for taxpayers to edit previous feedback made using the utility.
• New attributes added to the AIS “Tax Payments” section – BSR code, Challan serial number, and other attributes were added to make it easier for taxpayers to file ITRs.
• Users will find greater convenience since the AIS homepage on the Compliance portal offers an expansive overview of all the features provided.
• The AIS portal displays the PAN-Aadhaar connecting status. The information symbol beside the PAN number shows the status- ease of compliance.
• Information Confirmation Functionality – To obtain confirmation of taxpayer feedback or answers and to communicate taxpayer input on information obtained with the information source.

Recent Income Tax Portal Updates:

• Launched of Revamped National Income Tax Website.
• The website functions as an extensive database of tax and associated data.
• A guided virtual tour of new features is also available on the portal.
• Additionally, the website provides a “Taxpayer Services Module” with a number of tax tools to help people file their ITRs.
• Links to pertinent portals, tool tips, and reverse countdowns are all provided via the dynamic due date alert capability. It offers cross-referenced and hyperlinked access to Direct Tax Laws, Allied Acts, Rules, Income Tax Circulars, and Notifications.
• The website features a mobile-responsive layout and an aesthetic overhaul.

TIN 2.0

The previous OLTAS-based payment system has been replaced by the new e-pay tax payment platform, TIN 2.0, which is accessible on the e-filing portal (from which the full tax payment has been transferred to TIN 2.0).

Because of this, it is now possible to pay taxes online through convenient choices including Internet Banking, NEFT/RTGS, OTC, Debit Cards, payment gateways, and UPI. With more banks than ever onboarded on TIN 2.0, taxpayers have more bank options when it comes to paying their taxes.

Report on Tax Payment

Under the Compliance portal’s “Reports” area, a fresh report on the taxpayer’s tax payments for a specific Assessment year is made accessible. This report offers a combined summary of all the taxes paid for the specific Assessment year.