The Income Tax Department has named the new ITR portal as e-filing 2.0. The process of filing returns to getting refund has become faster and easier through this new portal.
However, to avail this benefit, the taxpayer needs to update his profile on the portal. In such a situation, we are telling you how you can easily update your profile.
Update your profile like this
- Login to the e-filing portal with the help of your User ID and Password
- After this click on your name on the welcome page and go to ‘My Profile’ on the right side
- You can also click on ‘Update Profile’ if you wish
- Click on ‘Edit’ to update the personal details
- After editing the required information click on ‘Save’
- In this way your profile will be updated.
How to update aadhar, pan and bank account
- Click on ‘Edit’ on the profile page which will contain the contact details
- Enter the mobile number given in Bank, Aadhar, PAN and click on ‘Save’
- Clicking on Update of PAN, Aadhar hyperlink will show a message
- Update your details as per PAN or Aadhaar
- On the contact detail screen, you have to enter the six digit OTP received on your mobile
- You will have to give an email after this. then click submit
- You will receive a successful update message on your mobile and email
Facility to get this information from the website of the department
- Bank account and demat account details
- Digital signature certificate
- e-Filing Vault Higher Security
- Pan number information
- Information about income tax return form, income statement etc.
Relief to senior citizens
This time the government has given relief to senior citizens above 75 years of age from filing income tax returns. However, for this it is necessary that the only source of income for senior citizens above the age of 75 years is pension and interest from bank deposits. A new section 194P has been inserted in the Income Tax Act, 1961 under the Finance Act 2021, under which senior citizens above the age of 75 years, who get pension and interest from bank deposits.
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