The income tax department introduced a new initiative ‘Jhatpat Processing’ for simplifying the process of income tax return filing. As a part of this, the income tax department has upgraded its technology platform to the Central Processing Centre (CPC) 2.0, which will enable faster processing of ITRs and tax refunds. CPC 2.0 provides pre-filled ITR forms, and the processing under this scheme literally takes just a few days.
To know more about Jhatpat Processing, click here – https://news.cleartax.in/what-is-jhatpat-processing-scheme-of-the-income-tax-department/
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