Record 6.77 cr I-T returns filed till July 31

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ET BureauLast Updated: Aug 01, 2023, 11:45 PM IST

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A record 6.77 crore income-tax returns were filed till July 31 for the assessment year 2023-24, 16.1% higher than the returns filed for the assessment year 2022-23, according to the Central Board of Direct Taxes.

A record 6.77 crore income-tax returns were filed till July 31 for the assessment year 2023-24, 16.1% higher than the returns filed for the assessment year 2022-23, according to the Central Board of Direct Taxes.

"The department also received 53.67 lakh ITRs till July 31, 2023 from first time filers, a fair indication of widening of tax base," the apex direct taxes body said in a statement on Tuesday.

Total 5.83 crore income-tax returns were filed till July 31, 2022. Over 64.33 lakh ITRs were filed on a single day on July 31, 2023.

The e-filing portal also observed its highest per hour rate of 4,96,559 of ITR filing between 5 PM to 6 PM on July 31, 2023.

"The Income-tax Department appreciates the taxpayers and tax professionals for making compliances in time, leading to a surge in filing of Income-tax Returns (ITRs), resulting in a new record of ITRs filed," the statement said.

Record 6.77 cr I-T Returns Filed till July 31.

The CBDT said that the e-filing portal successfully handled huge traffic providing a seamless experience to taxpayers for filing of ITRs, and on the last day alone, successful logins stood at 2.74 crore.

About 5.63 crore returns have been e-verified, out of which more than 5.27 crore are through Aadhaar based OTP (94%). Of the e-verified ITRs, more than 3.44 crore ITRs for AY 2023-24 have been processed by July 31, which is 61% of total return filed.

The e-filing help desk team handled approximately 5 lakh queries from taxpayers in the month of July, 2023 supporting the taxpayers proactively during the peak filing period, it said.

Tuesday, 01 Aug, 2023

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