As of March 15, the due date for filing ITRs by businesses and other taxpayers required to file tax audit reports, approximately 543,000 ITRs were filed, compared to 477,000 at the due date last year. More than 1.38 million ITRs have been filed in the past five days, compared to 1.18 million in the same period a year ago.

The income tax department said on Wednesday that about 66.3 million income tax returns (ITRs) had been filed for the 2021-22 tax year, nearly 3% more than a year ago.

As of March 15, the due date for filing ITRs by businesses and other taxpayers required to file tax audit reports, approximately 543,000 ITRs were filed, compared to 477,000 at the due date last year. More than 1.38 million ITRs have been filed in the past five days, compared to 1.18 million in the same period a year ago.

Of the 66.3 million ITRs submitted for AY 2021-22, 46% are ITR-1 (30.3 million), 9% ITR-2 (5.76 mn), 15% ITR-3 (10.2 mn), 26% ITR -4 (17.5 mn), 2% are ITR-5 (1.51 mn), ITR-6 (930,000) and ITR-7 (218,000).

The Income Tax (IT) Department has also repaid more than Rs 1,92,119 crore to more than 2.24 crore taxpayers from April 1, 2021 to March 15, 2022. Income tax refunds of Rs 70,373 crore have been issued in 2.21, 62,611 cases and corporate tax refunds of Rs 1,21,746 crore have been issued in 2,32,997 cases. These repayments include 18.3 million repayments from AY 2021-22 amounting to Rs 37,961.19 crore, the Central Board of Direct Taxes said in a statement.

Furthermore, of the 66.3 million ITRs filed for AY 2021-22, more than 6.01 crore ITRs have been verified (75% using Aadhaar OTP). More than 51.7 million ITRs of the verified ITRs have been processed.

Two email IDs have been created to quickly resolve taxpayer complaints related to ITR uploads: (itr.helpdesk@incometax.gov.in) and Tax Audit Report (TAR) (tar.helpdesk@incometax .gov.in) .

In this regard, 16,252 emails were received, of which 16,233 were resolved on March 15, 2022. In addition to the above, the department has proactively reached out and reached out to taxpayers and professionals for assistance through its official Twitter handle, continuously and through direct Webex calls/webinars for better guidance.

Recently, Finance Minister Nirmala Sitharaman had asked the CBDT to contact taxpayers more regularly and address their grievances in a time-bound manner.


This post ITR application up 3% to 66.3 million through March 15 was original published at “https://www.financialexpress.com/money/income-tax/itr-filing-up-3-at-66-3-million-till-march-15/2463478/”

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