Auto-filling of PAN-details to be incorporated on web-portal
Income Tax Department should incorporate provision of auto-filling of complete details of thee assessee just on putting only PAN-number on the...
Income Tax Department should incorporate provision of auto-filling of complete details of thee assessee just on putting only PAN-number on the web-portal designed for on-line payment of Income Tax, like system exists on GST-website.
Such a provision is of utmost necessity to avoid filling of wrong PAN-number by mistake where the assessee will then be able to check rest of the details being subsequently wrong-filled too.
Such a provision will be in line with welcome feature going to be added where auto-filled Income Tax returns are going to be introduced.
Income Tax Department can further simplify the system by merging TAN-number with PAN (Permanent account Number) where PAN holders file quarterly TDS statement for deposit of Tax-Deposited-at-Source through PAN-numbers abolishing altogether concept of TAN-number.
Filing of such quarterly TDS statements (if applicable for some quarter) may be a part of Income Tax Return and audit-reports if applicable.
Madhu Agrawal, Delhi