New Delhi: Nearly 34 lakh Income Tax Returns (ITR) were filed till 4 pm on the last day for the fiscal year 2012-2022 by salaried individuals, the Income Tax department said on Sunday, reported news agency PTI. For those taxpayers who do not have to get their accounts audited for the fiscal ended on March 31, 2022, the deadline for filing the I-T return is Sunday. As per the report, more than 5.10 crore tax returns had been filed till July 30. The Income Tax Department, giving statistics of Income Tax Return filed on Sunday, tweeted, ""33,73,975 ITRs have been filed up to 1600 hours today & 4,73,228 ITRs filed in the last 1hr."
The I-T department has been nudging taxpayers over the month to file their return for the fiscal year 2021-22 to avoid levy of late fees.
The department further informed that taxpayers can seek assistance regarding ITR filing, by sending an email at 'orm@cpc.incometax.gov.in' or calling help desk numbers 1800 103 0025 and 1800 419 0025.
As per the 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.
A late fee of Rs 1,000 will be liable on individuals with an annual income below Rs 5 lakh. 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.