An official statement said that the number of income tax returns filed every day has crossed four lakhs.
The Finance Ministry on Sunday said that more than three crore Income Tax Returns (ITRs) have been filed so far for the financial year 2020-21. The ministry has also asked taxpayers who have not filed ITR yet to file their returns at the earliest.
An official statement said that the number of Income Tax Returns filed daily has crossed four lakhs and is accelerating further as the extended date of December 31 approaches.
The Department is encouraging taxpayers to file their Income Tax Returns on time through media campaigns besides sending e-mails and SMS.
The department has requested taxpayers who have not yet filed income tax returns for the assessment year 2021-22 to file their ITR at the earliest to avoid last minute rush.
The Finance Ministry said, “The Income Tax Department urges all taxpayers to view their Form 26AS and Annual Information Statement (AIS) through the portal for filing e-returns, which will enable them to know that tax deducted at source.” (TDS) and tax payment is correct or not.
According to the statement, the number of returns filed for the assessment year 2021-22 has reached 3.03 crore. Of this, 58.98 per cent are ITR 1 (1.78 crore), eight per cent ITR 2 (24.42 lakh), 8.7 per cent ITR 3 (26.58 lakh) and 23.12 per cent ITR 4 (70.07 lakh).
Apart from this, 2.14 lakh ITR 5, 91 thousand ITR 6 and 15 thousand ITR 7 have been filed. The process of e-verification through Aadhaar OTP and other methods is important from the point of view of ITR verification and refund, the statement said.
