New Delhi: The Income Tax Department on Wednesday (December 29) said that more than five crore Income Tax Returns (ITRs) have been filed so far for the financial year ended March 2021.
“More than five crore income tax returns for age 2021-22 filed till 5:45 pm today!” Income Tax Department tweeted.
The department has already extended the deadline for filing income tax returns for individual taxpayers by five months to December 31, 2021.
5.95 crore ITRs were filed for the financial year 2019-20 till the extended deadline of January 10, 2021.
Taxpayers who have not e-verified their ITR for the financial year 2019-20 can complete the verification process by February 28, 2022, as the Income Tax Department has given a one-time exemption to the taxpayers.
As per law, electronically filed ITR without digital signature can be done electronically within 120 days of filing the return through Aadhaar OTP, or net banking, or code sent through demat account, pre-validated bank account and ATM have to be thoroughly verified. Read also: Apple engineers getting amazing bonuses of up to $180,000, here’s why
Alternatively, taxpayers can send a physical copy of the ITR filed at the Centralized Processing Center (CPC) office in Bengaluru. Read also: 46th GST Council meeting on 31st December: Members to discuss rate rationalization, cloth hike
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