5.10 crore tax returns filed till July 30
New Delhi, Aug 01: Nearly 34 lakh income tax returns were filed till 4 PM on the last day of filing ITR for 2021-22 fiscal by salaried individual, the I-T department said on Sunday, according to news agency PTI.
The deadline for filing I-T returns, by those taxpayers who do not have to get their accounts audited for the fiscal ended on March 31, 2022, is Sunday.
Till July 30, more than 5.10 crore tax returns had been filed.
Giving statistics of Income Tax Returns (ITR) filed on Sunday, the I-T department tweeted: "33,73,975 #ITRs have been filed up to 1600 hours today & 4,73,228 #ITRs filed in the last 1hr."
Over the month, the I-T department has been nudging taxpayers to file their ITRs for 2021-22 fiscal to avoid levy of late fees.
Over 67 lakh I-T returns filed till 11 pm on Sunday
The I-T department also asked taxpayers to seek assistance regarding ITR filing by emailing to '[email protected]' or calling help desk numbers 1800 103 0025 and 1800 419 0025.
According
to
tax
laws,
a
Rs
5,000
late
fee
would
be
payable
by
people
having
an
annual
income
of
over
Rs
5
lakh,
if
they
file
their
ITR
by
December
31
of
the
assessment
year.
Individuals
with
an
annual
income
below
Rs
5
lakh
will
be
liable
for
a
late
fee
of
Rs
1,000
for
delayed
return
filing.
Additionally, those having outstanding unpaid tax will have to shell out an additional 1 per cent interest per month for delayed filing.
The late fee will not apply to those taxpayers whose income is below the taxable limit.