If you are also going to pay advance tax for the current financial year then wait! The very next day of the launch of the campaign by the Income Tax Department, people are facing problems on the website.
Advance Tax: If you are also going to pay advance tax for the current financial year then wait! The very next day of the launch of the campaign by the Income Tax Department, people are facing problems on the website. People have been advised to wait until this problem ends.
Based on the feedback from taxpayers, the department has currently stopped the process of depositing advance tax after the launch of the e-campaign. It is being told that these problems are occurring due to errors in the available data of the securities market. The Income Tax Department has directed that organization to provide correct data. After which the data will be updated on the Annual Informational Statement (AIS).
When did the problem arise?
Users were facing problems due to discrepancies in the data shared between CDSL and the Tax Department. According to a Times of India report, people were showing extra zeros while trying to pay advance tax. For example, a share of ITC worth Rs 450 was showing as worth Rs 45,000. At the same time, the property sold for Rs 1.2 crore was showing its value at Rs 12 crore.
An officer has said on this entire episode that the matter is being investigated. He said that he had not faced any such problem during the trial. Let us tell you, AIS Form is an extension form of 26AS. In which purchase, sale, TDS and TCS transactions of property take place.
