ITR Filing Deadline: Just Three More Days To Go, Technical Glitches Mar ITRs Filing Zeal | Personal Finance News

5 crore ITRs for AY 2024-25 have already been filed till 26th of July

“We express our gratitude to the taxpayers & tax professionals for helping us reach the milestone of 5 crore Income Tax Returns (ITRs). Over 5 crore ITRs for AY 2024-25 have already been filed till 26th of July this year as compared to 27th of July last year. We urge all those who haven’t filed ITR for AY 2024-25, to file their ITR at the earliest to avoid last minute rush,” tweeted the ITR department.

We express our gratitude to the taxpayers & tax professionals for helping us reach the milestone of 5 crore Income Tax Returns (ITRs).

Over 5 crore ITRs for AY 2024-25 have already been filed till 26th of July this year as compared to 27th of July last year.

We urge all those… pic.twitter.com/PNPnRQdf44
— Income Tax India (@IncomeTaxIndia) July 26, 2024

ITRs filed till 31st July, 2023

For AY 2023-24 or FY 2022-2023, the total number of ITRs filed till 31st July, was more than 6.77 crore. “New record of over 6.77 crore Income Tax Returns (ITRs) filed till 31st July, 2023; record growth of 16.1% Year-on-Year,” the Ministry of Finance had informed.

Out of the 6.77 crore ITRs filed for AY 2023-24, 49.18% of ITRs were ITR-1 (3.33 crore), 11.97% are ITR-2 (81.12 lakh), 11.13% are ITR-3 (75.40 lakh), 26.77% are ITR-4 (1.81 crore) and 0.94% are ITR-5 to 7 (6.40 lakh).

As Technical Glitches Mar ITR filing enthusiasm, Less Number Of People Could File ITR AY 2024-25 As Of Date

Income tax professionals have been witnessing several technical glitches on the e-filing website of the income tax department. These technical glitches and issues have come as a hinderance to income tax filers who have been unable to complete the exercise.