The process of filing income tax returns for the financial year 2022-23 and assessment year 2023-24 has started. Salaried taxpayers have received Form 16 from their offices to facilitate them in filing their income tax returns. The last date for filing income tax returns is 31st July 2023, but from now on every day there is a tremendous increase in the number of taxpayers filing returns.
The Income Tax Department has given this information by tweeting that till June 26, 2023, one crore taxpayers have filed income tax returns. While in the last assessment year 2022-23, by July 8, 2023, one crore taxpayers had filed income tax returns. The tax department said that this achievement has been achieved 12 days earlier than last year.
The Income Tax Department has assured taxpayers that taxpayers’ convenience and ease of filing income tax returns is one of its top priorities. The Income Tax Department has appealed to the taxpayers to maintain this momentum and file income tax returns at the earliest to avoid the last minute rush.
The last date for filing income tax return for assessment year 2023-24 is 31 July 2023. Most of the taxpayers file income tax return through Income Tax Return Form No. 1. The easiest way to file income tax return is through ITR Form No. 1. Individual taxpayers whose annual income is less than Rs.50 lakhs, which is derived from salary, one house property, interest from bank, dividend and annual agricultural income up to Rs.5000, income tax return through ITR Form No. 1 to such taxpayers will fill. Be filled
One crore income tax returns filed till June 26, last year till July 8
