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Income Tax Return : Now a big update has come regarding Income Tax Return, this thing has become double

Income Tax: More than 5.41 crore returns were filed in July. According to the Income Tax Department, a record 6.77 crore income tax returns were filed till July 31 for the assessment year 2023-24. In this, 53.67 lakh people filed income tax returns for the first time.

Income Tax Return:  The last date for filing income tax return through salaried people was 31 July 2023. The income of the financial year 2022-23 was to be disclosed by this date. However, now this date has passed.

On the other hand, if someone discloses the income of the financial year 2022-23 by filing income tax return, he will also have to pay the late fee. Meanwhile, an important figure has been shared by the Income Tax Department, which can be very important for the people as well.

income tax return

In fact, the number of income tax returns filed in the country between April-June 2023 almost doubled to cross 1.36 crore on an annual basis. The last date for filing income tax return was 31 July 2023. For companies and individuals who are required to get their accounts audited, the last date for filing income tax returns for income earned in the financial year 2022-23 is October 31.

Income tax,

where more than 5.41 crore returns were filed in July. According to the Income Tax Department, a record 6.77 crore income tax returns were filed till July 31 for the assessment year 2023-24. In this, 53.67 lakh people filed income tax return for the first time. As per the comparative data available on the online ITR filing platform, over 70.34 lakh income tax returns were filed in April-June 2022-23. In April-June 2023-24, this number increased by 93.76 percent to more than 1.36 crore.

According to late filing

data, this time one crore ITRs were filed till June 26, while last year one crore income tax returns were filed till July 8. On the other hand, those who have not yet filed income tax return, they can file income tax return by 31 December 2023. However, for this people will have to pay late fees, only then they will be able to file ITR.

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Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap, has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @jharkhandbreakingnews@gmail.com
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