Around 6.17 crore IT returns filed in new e-filing portal

NEW DELHI: Around 6.17 crore income tax returns (ITRs) and about 19 lakh major tax audit reports have been filed on the new e-filing portal of the Income Tax Department as on Sunday, as per an official statement.

Nearly half of all tax returns filed comprise Form ITR-1, which tax payers with income of up to 50 lakh use. ITR-1 is for salaried tax payers or those with pension income and income from one housing property. The department said that 2.97 crore tax payers have used this form.

About 9%, or 56 lakh tax return filers, have used ITR-2, while 13%, or 81.6 lakh filers, have used ITR-3. The statement said 27% or 1.65 crore filers have used ITR-4, while nearly 11 lakh filers have used ITR-5 and 4.84 lakh filers used ITR-6. About 1.32 lakh filers used ITR-7.

ITR-2 is filed by people with income from salary, pension, more than one property, income from capital gains, income from foreign assets or income from a profession as a partner.

ITR-3 is filed by people with income from business or profession. ITR-4 is filed by individuals, Hindu undivided families, and firms with a total income up to 50 lakh and the source is business or profession.

The department said it has been issuing reminders to taxpayers through emails, text messages and twitter posts urging them not to wait till the last minute and file their tax audit reports and income tax returns.

Also, to assist filers for resolution of grievances related to e-filing, two new email ids have been offered. All taxpayers and tax professionals who are yet to file their tax audit reports or income tax returns for assessment year 2021-22 are requested to file their tax audit reports and returns immediately to avoid last minute rush, the statement said.

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!

For all the latest world News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.