ITR submitting: Earnings Tax dept says over 5 crore ITRs filed until July 27

In case you have not filed your earnings tax return (ITR) until now, do it earlier than Monday, i.e July 31. These lacking the deadline will face strict penalty. The Earnings Tax Division has mentioned that over 5 crore ITRs have been filed until July 27 this yr.

“Out of the 5.03 crore ITRs filed until twenty seventh July, 2023, about 4.46 crore ITRs have been e-verified i.e. greater than 88% ITRs filed have been e-verified! Out of the e-verified ITRs, greater than 2.69 crore ITRs have already been processed!” the Earnings Tax Division tweeted on Friday.

ALSO READ: Penalty and other consequences if ITRs submitted after due date

The I-T division additionally mentioned it has arrange a 24×7 helpdesk to supply help to the taxpayers by way of calls, reside chats, Webex classes and social media. The help will likely be offered until July 31, together with the weekends.

On Saturday, the I-T division tweeted a reminder to the taxpayers to file their returns earlier than the deadline. “Keep away from final day rush. 3 days left to file your #ITR The due date to file your ITR for AY 2023-24 is thirty first July, 2023. Keep in mind to e-verify after submitting”, the tweet learn.

Out of the e-verified ITRs, greater than 2.69 crore returns have already been processed, the earnings tax division mentioned.

Income secretary Sanjay Malhotra on July 16 had asked all taxpayers to file their returns earlier than July 31 because the Centre is just not considering the extension of the deadline.

“We want to thank earnings tax return filers as ITR submitting has been at a a lot sooner tempo than final yr and we’d advise them to not wait to the final second and in addition to not hope for any extensions. So, I might advise them to file their tax return on the earliest as a result of the deadline of July 31 is approaching quick,” he was quoted by PTI as saying.

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