Saturday, July 31, 2021

Income tax returns cross 58 million hours before deadline, shows data

Revenue tax returns (ITRs) crossed 58 million on Sunday, the final day for people to file returns for monetary 12 months 2019-20, with near 2 million returns filed through the day. As on January 9, 56.4 million returns have been filed in comparison with 56.6 million filed by September 9 in 2019-20, when the due date was August 31.


In view of the pandemic, the federal government had prolonged the deadline for submitting returns a number of occasions previously. The unique deadline for submitting ITRs was June 31, 2020, which was prolonged to November 30 after which to December 31. With a number of trade representations in search of extra time, a 10-day extension was offered till January 10 for ITR filings for people and for corporations until February 15. “1,797,625 ITRs have been filed as much as 6 pm at the moment & 239,013 ITRs filed previously 1 hour,” it tweeted on Sunday.


Pricey Reader,

Enterprise Commonplace has at all times strived onerous to offer up-to-date data and commentary on developments which are of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these troublesome occasions arising out of Covid-19, we proceed to stay dedicated to maintaining you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.

We, nevertheless, have a request.

As we battle the financial impression of the pandemic, we’d like your assist much more, in order that we are able to proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the objectives of providing you even higher and extra related content material. We consider in free, truthful and credible journalism. Your assist by means of extra subscriptions can assist us practise the journalism to which we’re dedicated.

Assist high quality journalism and subscribe to Enterprise Commonplace.

Digital Editor

Latest news

Related news


Please enter your comment!
Please enter your name here