ITR filing: 'Over 5 crore returns filed so far this fiscal year', says Income Tax Department
4 months, 3 weeks ago

ITR filing: 'Over 5 crore returns filed so far this fiscal year', says Income Tax Department

India TV News  

The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns have been filed on the e-filing portal so far this fiscal year. In a post on social media platform X, the IT Department said, "More than 5 crore ITRs for AY 2024-25 have already been received on the e-filing portal of the Income Tax Department till 26th of July 2024. For individuals with net taxable income of more than Rs 5 lakh for the financial year 2023-24, filing a belated return may attract a penalty of up to Rs 5,000. ALSO READ | Income Tax Assessment year 2024-25: How your ITR gets processed by tax department?

History of this topic

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