Over 46.7 mn ITRs filed for FY21 to date, 1.54 mn alone in single day

Over 4.67 crore Revenue Tax Returns have been filed together with over 15.49 lakh ITRs filed on December 27 alone, the I-T division mentioned on Tuesday.

The final date for submitting ITRs for 2020-21 fiscal ended March 31, 2021, by particular person taxpayers is December 31, prolonged from the unique date of July 31, 2021.

“A complete of 4,67,45,249 #ITRs have been filed as much as 27.12.2021 together with 15,49,831 #ITRs filed on the day itself,” the division tweeted giving particulars of ITRs filed for Evaluation 12 months 2021-22 (2020-21 fiscal yr).

This contains over 2.50 crore ITR-1 and over 1.17 crore ITR-4.

ITR Kind 1 (Sahaj) and ITR Kind 4 (Sugam) are less complicated kinds that cater to numerous small and medium taxpayers. Sahaj could be filed by a person having revenue as much as Rs 50 lakh and who receives revenue from wage, one home property/different sources (curiosity and so forth).

ITR-4 could be filed by people, HUFs and companies with complete revenue as much as Rs 50 lakh and having revenue from enterprise and career.

For 2019-20 fiscal, 5.95 crore ITRs had been filed until the prolonged deadline of January 10, 2021.

(Solely the headline and film of this report could have been reworked by the Enterprise Normal employees; the remainder of the content material is auto-generated from a syndicated feed.)

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