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Around 6.17 Crore ITRs, 19 Lakh Audit Reports Filed On New I-T Portal: CBDT

The I-T department has been issuing reminders to taxpayers through e-mails, SMS, and Twitter encouraging taxpayers and chartered accountants to file their TARs/ ITRs without further delay

New Delhi: A total of 6.17 crore income tax returns (ITR) and 19 lakhs tax audit reports (TARS) have been filed on the new I-T e-filing portal in the past eight months since its launch, the I-T department said this on Monday.

The Central Board of Direct Taxes (CBDT) in a statement said, “Around 6.17 crore income tax returns (ITRs) and about 19 lakh major tax audit reports (TARs) have been filed on the new e-filing portal of the income tax department as on February 6, 2022.”

The new I-T portal was launched on June 7 last year.

Of the total 6.17 crore ITRs filed for the assessment year 2021-22 (FY20-21), 48 per cent of these are ITR-1 (2.97 crore), 9 per cent is ITR-2 (56 lakh), 13 per cent is ITR-3 (81.6 lakh), 27 per cent are ITR-4 (1.65 crore), ITR-5 (10.9 lakh), ITR-6 (4.84 lakh), and ITR-7 (1.32 lakh).

Till February 6, 2022 (Sunday), over 1.61 lakh other tax audit reports have been filed.

The I-T department has been issuing reminders to taxpayers through e-mails, SMS, and Twitter encouraging taxpayers and chartered accountants not to wait till the last minute and file their TARs/ ITRs without further delay, the statement added.

“All taxpayers/ tax professionals who are yet to file their tax audit reports or income tax returns for AY 2021-22 are requested to file their TARs/ returns immediately to avoid the last-minute rush,” it said.

The Centre had in January extended the deadline for I-T returns filing for the corporates till March 15 for the fiscal ending March 2021. However, the same for filing tax audit report and transfer pricing audit report for FY20-21 is February 15.

There are two categories of forms, ITR Form 1 (Sahaj) and ITR Form 4 (Sugam).

Both the forms are simpler and cater to a large number of small and medium taxpayers.

Sahaj can be filed by an individual having income up to Rs 50 lakh and who receives income from salary, one house property/other sources (interest, etc). ITR-4 can be filed by individuals, HUFs, and companies with total income up to Rs 50 lakh and having income from business and profession.

ITR-3 is filed by people having income as profits from business/ profession, while ITR-5, 6, and 7 are filed by LLPs, businesses, and trusts, respectively.

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