The total number of ITRs for Assessment Year (AY) 2023-24 filed till October 31, 2023, is more than 7.65 crore, which is 11.7% higher as compared to the total number of ITRs of 6.85 crore for AY 2022-23 filed till November 7, 2022, which was the due date for filing such ITRs in the preceding year, said the official statement. IT Return: Record Number of Over 7.85 Crore Income Tax Returns Filed Till October 31 This Year.
The CBDT said that after careful consideration, the authority has decided to condone delay in filing of Form 10-IC of the Income-Tax. This is on grounds of alleviating genuine hardships faced by domestic companies
India News: The Mumbai Income Tax Appellate Tribunal (ITAT) has ruled in favor of a senior citizen by stating that the penalty imposed for not disclosing the inte