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8.18 crore ITRs! A record number of income tax returns filed till Dec 31

The income-tax (I-T) department has recorded a surge in filing of Income-tax Returns (ITRs), resulting in a new record of 8.18 crore ITRs for the A.Y. 2023-2024 ....

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Record 8.18 crore ITRs filed so far in AY 2023-24: Finance Ministry

The total number of audit reports and other forms filed during the period is 1.6 crore, as against 1.43 crore audit reports and forms filed in the corresponding period of preceding year | Latest News India ....

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Last day for filing Income Tax Returns for FY 2022-23 ends on December 31

Income Tax Return Filing Last Date: The Income Tax Department allows the submission of updated ITRs after the December 31 deadline, but additional taxes may apply for adjustments to income. ....

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ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24

The I-T deparment has also issued a warning for taxpayers who missed the July 31 deadline to file their ITRs for financial year 2022-23. ....

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Income Tax: CBDT releases circular on 1% TDS on e-commerce transactions. Details here

The deduction of 1% TDS is meant to be made at the time of credit of the amount of sale or service to the account of e-commerce participant. The confusion, however, arises when there is more than one e-commerce operators. The CBDT has released a circular to clarify doubts pertaining to this. ....

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