ITR filings touch all-time high of 67.7 mn, up 16% from last year
1 year, 7 months ago

ITR filings touch all-time high of 67.7 mn, up 16% from last year

Live Mint  

New Delhi: The number of income tax returns filed in the assessment year 2023-24 touched an all-time high of more than 67.7 million, which is 16% higher than the total ITRs filed during the previous assessment year’s 58.3 million. The income tax department on Tuesday said in a statement that it received 5.37 million ITRs from the first-time filers, a clear indication of expanding tax base. The ITRs filing touched the peak on the last day of the filing which was 31 July with over 6.43 million ITRs being filed on a single day, the department said. The income tax department said that out of the 67.7 million ITRs filed for AY 2023-24, 49.18% of ITRs are ITR-1, 11.97% are ITR-2, 11.13% are ITR-3, 26.77% are ITR-4 and 0.94% are ITR-5 to 7.

History of this topic

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