Nearly 5.89 crore revenue tax returns for the 2020-21 fiscal (ended March 2021) have been filed on the brand new e-filing portal till December 31 deadline, the I-T division stated on Saturday.
Of this, greater than 46.11 lakh ITRs had been filed on the final date or December 31 alone.
“Nearly 5.89 crore Income Tax Returns (ITRs) have been filed on the brand new e-filing portal of the Income Tax Department as on thirty first December, 2021, the prolonged due date,” the Central Board of Direct Taxes (CBDT) stated in an announcement.
In comparability, as on January 10, 2021, (the prolonged due date for ITRs for AY 2020-21), the full variety of ITRs filed was 5.95 crore. As many as 31.05 lakh ITRs filed had been on the final day or January 10, 2021.
Out of 5.89 crore ITRs filed for AY 2021-22 (2020-21 fiscal), 49.6 per cent of those are ITR1 (2.92 crore), 9.3 per cent are ITR2 (54.8 lakh), 12.1 per cent are ITR3 (71.05 lakh), 27.2 per cent are ITR4 (1.60 crore), 1.3 per cent are ITR5 (7.66 lakh).
Besides, 2.58 lakh ITR-6 and 0.67 lakh ITR7 had been filed.
“Over 45.7 per cent of those ITRs have been filed utilizing the web ITR kind on the portal and the steadiness have been uploaded utilizing the ITR created from the offline software program utilities,” it stated, including it might work tirelessly to make sure a clean and secure taxpayer service expertise.
ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are easier kinds that cater to a lot of small and medium taxpayers. Sahaj will be filed by a person having revenue as much as Rs 50 lakh and who receives revenue from wage, one home property/different sources (curiosity and many others).
ITR-4 will be filed by people, HUFs and companies with complete revenue as much as Rs 50 lakh and having revenue from enterprise and career.
ITR-2 is filed by individuals having revenue from residential property), ITR-3 by individuals having revenue as income from enterprise/career, ITR-5 by LLPs and ITR-6 and seven by companies and trusts respectively.
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