MM TAX CLUB

CBDT earlier had enable few form on Income Tax e-fling portal for filing as specified by Directorate of Income Tax (Systems) vide Notification No. 03/2022 Dated, 16" July, 2022, Now CBDT issued update on 3^rd August 2022 on e-filing portal saying, Form No. 3CEF, 58C, 58D, 27C, 3BB, 3BC, 10BC and 28A are now available on the e-Filing portal as per DGIT(S) Notification No.3/2022.

Directorate of Income Tax (Systems)

Notification No. 03/2022 Dated, 16" July, 2022

Specifying Forms, returns, statements, reports, orders, by whatever name called, prescribed in Appendix-ll to be furnished electronically under sub-rule (1) and sub-rule (2) of Rule 131 of the Income-tax Rules, 1962

In exercise of the powers conferred under sub-rule (1) and sub-rule (2) of Rule 131 of the Income tax Rules, 1962 ('the Rules'), the Director General of Income Tax (Systems), with the approval of the Board, hereby specifies that the following Forms, returns, statements, reports, orders, by whatever name called, shall be furnished electronically and shall be verified in the manner prescribed under sub-rule (1) of Rule 131.

New record of over 72.42 lakh (7.24m) ITRs filed on a single day

About 5.83 crore ITRs filed till 31st July, 2022

The Department expresses its gratitude to taxpayers and tax professionals for making compliances in time leading to a surge in filing of Income Tax Returns (ITRs) resulting in a new record of ITRs filed on a single day.

The surge of filing ITRs peaked on 31 July, 2022 (due date for salaried taxpayers and other non-tax audit cases) with over 72.42 lakh ITRs being filed on a single day i.e on 31 July,2022. The total ITRs filed till 31 July, 2022 for AY 22-23 is about 5.83 crore. The e-filing portal also set other benchmarks on 31 July, 2022 including - highest per second rate of ITR filing: 570 (at 4:29:30 pm), highest per minute rate of ITR filing: 9573 (at 7:44 pm), and the highest per hour rate of ITR filing: 5,17,030, between 5 PM to 6 PM.

The initial pace of e-filing was relatively much slower with the first 1 crore ITRs for AY 22-23 being filed only by 7 July, 2022. The pace picked up marginally, with about 2.48 crore ITRs being filed by 22 July,2022. With the Government announcing that there would be no extension of the due date, there was a surge in filing of ITRs and by 25 July, 2022, 3 crore ITRs had been filed. By the end of the day on 31 July,2022, 72.42 lakh ITRs had been filed, shattering all previous records (maximum being 49 lakh ITRs in 2019). In the month of July,2022 alone, over 5.13 crore ITRs have been filed.

Out of 5.83 crore ITRs filed for AY 2022-23, 50% of these are ITR-1 (2.93 crore), 11.5% are ITR-2 (67 lakh), 10.9% are ITR-3 (63.35 lakh), 26% are ITR-4 (1.54 crore), ITR-5 to 7 (5.5 lakh). The number of ITRs filed during working hours (9 AM-6 PM) since 7 July, 2022 to 31 July, 2022 is around 3.31 crore, which is 58.77% of the total ITRs filed. Over 47% of these ITRs have been filed using the online ITR form on the portal and the balance have been uploaded using the ITR created from the offline software utilities.

Large number of taxpayers did their due diligence by comparing data of their income by viewing their Annual Information Statement (AIS) and Taxpayer Information Summary (TIS). A high rate of usage of AIS/TIS data was reflected by the fact that more than 5.03 crore taxpayers viewed/downloaded their This year a large portion of the data for ITR-1 was already prefilled with salary, interest and dividend income making compliance easier for taxpayers. For other ITRs 2, 3, 4, apart from this data, property details for rental income, brought forward losses, MAT credit was also pre-filled to further ease compliance for taxpayers.

The process of e-verification through Aadhaar OTP and other methods is important for the Department to commence processing of the ITR and to issue refunds, if any. It is encouraging to note that 3.96 crore returns have been e-verified, out of which more than 3.71 crore are through Aadhaar based OTP (94%). Of the e-verified ITRs, more than 3.01 crore ITRs for AY 2022-23 have been processed (75%). In several instances, taxpayers have been getting their intimation of processing within a few minutes or hours after filing and verification of ITRs.

Further, the new facility for making tax payment (TIN 2.0) has been launched on the e-filing portal with two banks- Kotak Mahindra Bank and Federal Bank. Over 73,910 challans have been received through these banks till July 31 , 2022 totalling to Rs. 518.5 crore.

The e-filing Helpdesk team has assisted and resolved over 1.45 lakh queries this year till 31 July, 2022. Total calls answered in the last week of July, 2022 was 1,05,800 and maximum calls of 18,341 were received on 26 July, 2022. Helpdesk team also supported resolution of grievances received on the Twitter handle of the Department by proactively reaching out to the taxpayers/ stakeholders and assisting them with any issues, almost on a real-time basis.

The Department reiterates its gratitude for the support in timely compliances and requests all taxpayers to e-verify their ITRs at the earliest. The Department also urges taxpayers, who for any reason, missed the due date, to complete their filing immediately.

Government of Andhra Pradesh Commercial Taxes Department

CIRCULAR 2 of 2022 dated 1.8.2022

In keeping with the government's objectives of transparency and accountability in Commercial Taxes Department administration through widespread use of information technology, the commercial taxes department is implementing a system for electronic (digital) generation of a document identification number (DIN) for all communication sent by its officers to taxpayers and other concerned people.

To begin with, commercial tax department issued all notices, summons, authorizations, inspection notices, post registration field visits etc., with unique identification number through back office (BO) system of GSTN portal under the AP Goods and Services Tax Act -2017.However, in respect of subsumed acts (APVAT, CST, Luxury Tax, Entertainment tax etc.,) and AP Profession, Trades, Employment and Callings -1987 Act, communication with taxpayers and other people is through manual system without any Document Identification Numbers. Henceforth, it is decided to implement a system generated document identification number (DIN) for all correspondence initiated by the officers of the department with taxpayers and other people under all subsumed acts, other acts administered by the department and also to the extent of process of communication not yet fully developed by the GSTN in BO portal. This measure will create a digital directory for maintaining a proper trial of communication and provide the recipient to ascertain the genuineness.

Henceforth, no correspondence like notices, letters, mails personal hearing notices etc., will be issued during any enquiry by any proper officer as defined under the acts on or after August 1st, 2022, without a computer-generated document identification number. The digital platform for generation of DIN is posted on the online portal of 'apct.gov.in.

Whereas DIN is a mandatory requirement, in exceptional circumstances as mentioned below communication may be issued without an auto generated DIN. However, this exception can be made only after recording the reasons in writing in the concerned file. Also, such communication explicitly state that it has been used without a DIN.

i. When there are technical difficulties in generating the electronic DIN.

ii. When Communication regarding investigation/ enquiry, verification etc., is required to issue at short notice or in urgent situations and the authorized officer is outside the office in discharge of his official duties.

Any communication issued without an electronically generated DIN in the exigencies mentioned in para no 4 above shall be regularized within 24 hours of its issuance, by;

1. Obtaining the post facto approval of the immediate superior officers as regards the justification for issuing the communication without the electronically generated DIN.
2. Generating the DIN after post facto approval: and
3. Printing the electronically generated proforma bearing the DIN and filing it in concerned file.

Any communication which does not bear the electronically generated DIN/Unique identification number shall be treated as invalid and shall be deemed to have never been issued.

In order to implement this new facility of electronically generating the DIN, the following steps have to be followed.

1. Officers can login with APTIS credentials and in drop down menu select Act, document type etc., and doing so the System will automatically generate the DIN. By mentioning the system generated DIN on the document, it can be uploaded in system.
2. Recipient can check the document in APGST portal by key in the DIN to know the genuineness of the document and download the document.
3. A separate help document will be issued for officers on process flow of generation of DIN through online.

Regarding issue of all notices, proceedings and any correspondence under the GST Act shall be through Back Office portal of GSTN only. If any process flow for required correspondence is not available in Back Office portal of GSTN, the same has to be issued by generating DIN as discussed above. Any communication which does not bear the electronically generated DIN/Unique identification number generated through BO portal shall be treated as invalid and shall be deemed to have never been issued.

All the JCs are requested to circulate the instructions to their subordinate officers and staff and follow the instructions scrupulously and if any deviations are found it will be considered adversely and necessary action will be initiated.

Central Board of Indirect Tax (CBIC) vide Notification No. 17/2022 – Central Tax dated 1^st August 2022 expanded the scope of e-invoice applicability. The government by amending its earlier notification no. 13/2020 dated 21^st March 2020, e-invoice made mandatory for the taxpayers whose aggregate turnover exceeds rupees TEN CRORE with effect from 1^st October 2022.

Recently government was made e-invoice mandatory for those taxpayers whose turnover exceeds Rs.20 crore with effect from 1^st April 2022 now its expanded the scope for the taxpayers whose turnover exceeds Rs.10 crore and its expected that from the beginning of next financial year government is going to cover all taxpayers whose aggregate turnover exceeds Rs.5 crore.

The extract of the current notification can be read as under;

In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 – Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March, 2020, namely:-

In the said notification, in the first paragraph, with effect from the 1 st day of October, 2022, for the words “twenty crore rupees”, the words “ten crore rupees” shall be substituted.