Income Tax Return: Filing income tax return is necessary for every person whose income is taxable. At the same time, only a few days are left for filing income tax returns for the income earned in the financial year 2022-23.
In such a situation, a huge crowd is expected to be seen on the Income Tax e-filing website in the coming days. At the same time, the last date for filing income tax return is 31 July 2023 for individual taxpayers. Meanwhile, several taxpayers are complaining on social media about the problems faced while trying to file their returns on the e-filing portal. Some people on social media have also claimed that the e-filing portal is slow.
tax filing
However, despite problems faced by some users, bumper tax filing has taken place till July 11 this year. According to the Income Tax Department it has reached the milestone of 2 crore ITRs filed 9 days earlier than last year. For taxpayers whose accounts are not required to be audited, the due date for filing returns is July 31.
ITR
However, the bumper ITR filing numbers so far means that there will be no extension of ITR due date this year. Last year also the due date was not extended. Therefore taxpayers are advised to file their returns as early as possible to avoid last minute rush. According to the Income Tax Department, till July 11, 2023, more than 2 crore ITRs had been filed. Last year till 20 July 2022, 2 crore ITRs were filed.
Income Tax Return Update
According to the Income Tax Department’s tweet, “We are happy to inform that more than 2 crore Income Tax Returns (ITR) for the assessment year 2023-24 have been filed till 11th July this year, while last Till July 20, 2 crore ITRs were filed. Our taxpayers have helped us reach the 2 crore mark 9 days earlier this year as compared to the same period last year and we appreciate the effort! We urge those who have not filed ITR for Assessment Year 2023-24 to file their ITR at the earliest to avoid last minute rush.
ITR processed
According to the Income Tax e-filing portal, till July 11, over 1.9 crore ITRs have been verified by taxpayers, while the department has processed over 64 lakh returns. The number of returns filed, verified and processed is expected to increase significantly in the coming days.
