Taxpayers and tax professionals have achieved a significant milestone, filing over 5 crore Income Tax Returns (ITRs) for Assessment Year 2023-24 by July 27th. This accomplishment was reached three days earlier than the previous year, demonstrating a strong commitment to timely tax submissions. Out of the 5.03 crore ITRs filed, a remarkable 88% have been e-verified, and over 2.69 crore have already been processed.
Congratulations to the taxpayers and tax professionals for achieving the milestone of 5 crore Income Tax Returns (ITRs) for AY 2023-24.
Filing 3 days earlier compared to the previous year is a great accomplishment. The fact that over 5 crore ITRs have already been filed till 27th July 2023, as compared to 30th July last year, shows a commendable commitment to meeting tax obligations promptly.
Income Tax Dept. quoted the following on their official Twitter Handle as follows
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FAQ :
As of July 27th, 2023, over 5 crore (specifically 5.03 crore) Income Tax Returns for AY 2023-24 have been filed.
Yes, the milestone of over 5 crore ITRs was achieved three days earlier than last year, setting a new record.
Out of the 5.03 crore ITRs filed by July 27th, 2023, approximately 4.46 crore have been e-verified, which is over 88%.
More than 2.69 crore of the e-verified ITRs have already been processed.
The Income Tax Department's helpdesk is operating 24x7, providing support via calls, live chats, Webex sessions, and social media until July 31st, 2023, including weekends.