The National Board of Revenue has started uploading of all income tax returns’ information in its online return filing system to create a digital profile of all taxpayers.
Income tax wing of the board has asked its field-level offices to complete the activities by March 31.
The NBR on November 1 launched e-filing system to ease taxpayers’ hassle through providing tax returns submission online from anywhere without visiting tax offices.
As many as 11.44 lakh individual taxpayers filed their tax returns in the current fiscal year 2016-17 within the November 30 deadline.
Another 1.52 lakh taxpayers submitted petitions seeking more time for filing tax returns.
Of which, only 570 taxpayers submitted their tax returns online while another 5,000 obtained user ID and password to avail the facility.
NBR officials said that the online returns filing system would not bring expected benefits without availability of all taxpayer’s information online.
The objectives of the system, including online assessment of returns, tax calculation, file selection for audit, process of tax information and data generation, will also not be achieved without uploading of all taxpayers’ information in the system as almost all taxpayers filed hard copies of their returns.
In this context, the revenue board in a letter issued on December 15 asked its all 31 income tax commissioners across the country to complete the data entry process by March 31.
Officials of the all 649 field-level tax circles under the tax zones have already been trained up to handle the online system.
In the letter signed by NBR member (information management and services) Kalipada Halder, the revenue board also instructed the commissioners to furnish a compliance report each month regarding the instruction.
The NBR officials said that they found taxpayers enthusiastic on filing tax returns online though the response in the first year was insignificant.
Taxpayers got only one month which was not sufficient for availing the facility after completion of all process, they said.
Gradually the system will be popular among the taxpayers, particularly young and IT savvy people, from the next fiscal year as the NBR is set to start massive campaign from March, the officials hoped.
One of the major objectives of the project is to create an online database of taxpayers and information related to tax along with facilitating the taxpayers to file returns online, Kalipada, also project director of the online returns filing project, said while talking to New Age on Wednesday.
Uploading of tax information in the system will bring benefits both for taxpayers and taxmen, he said.
The taxpayers who submitted returns manually could get the certified copy of tax returns, certificates and other information instantly through the system once data entry is completed, Kalipada said.
It will also create a digital profile of each taxpayer, he said.
It will also help the tax authorities to update tax collection status, generate reports, analyse trends related to taxpayers and tax payment and dispose cases quickly and automatically which is now done manually, Kalipada said.
The revenue board needs much information for taking any policy decision on taxation but usually do not get the full picture in absence of automated processing of tax returns’ data, he observed.
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