Over 3 crore IT returns filed on new e-Filing portal

Bhavya Pandey

New Delhi, December 6

More than 3 crore Income Tax Returns have been filed on the new e-Filing portal of the Income Tax Department on 3rd December. The number of ITRs filed per day is over 4 lakh and is increasing everyday as the extended due date of 31st December is approaching, said a press release issued by the Press Information Bureau (PIB).

The Income Tax Department strongly urges all taxpayers to view their Form 26AS and Annual Information Statement (AIS) through the e-filing portal and to verify the accuracy of the TDS and Tax Payments and avail of pre-filling of ITRs. It is important for taxpayers to cross check the data in the AIS statement with their bank passbook, interest certificate, Form 16 and capital gains statement from brokerages in case of purchase and sale of equity/mutual funds etc, said the release.

Income Tax Return (ITR) filing has increased to 3.03 crore ITRs for AY 2021-22. 58.98% of these are ITR1 (1.78 crore), 8% is ITR2 (24.42 lakh), 8.7% is ITR3 (26.58 lakh), 23.12% are ITR4 (70.07 lakh), ITR5 (2.14 lakh), ITR6 (0.91 lakh) and ITR7 (0.15 lakh). Over 52% of these ITRs are filed using the online ITR form on the portal and the balance are uploaded using the ITR created from the offline software utilities.

The process of e-verification through Aadhaar OTP and other methods is important for the department to commence processing of the ITR and to issue refunds (if any). It is encouraging to note that 2.69 crore returns have been e-verified, out of which more than 2.28 crore are through Aadhaar based OTP.

In November, 48% of the verified ITRs 1, 2 and 4 were processed on the same day. Out of the verified ITRs more than 2.11 crore ITRs were processed and over 82.80 lakh refunds for AY 2021-22 have been issued. Taxpayers are urged to ensure that the bank account they have selected for the credit of refund, must have their PAN number linked at the bank to avoid refund failures.

Overall, 8.33 lakh DSCs have been registered. In the simplified process of DSC registration, the individual has to register his DSC only once which can be used across any entity where, the individual is a partner, director, etc without having to re-register again against each entity or role.

Over 34.01 lakh statutory forms have been submitted including 15.11 lakh TDS statements, 1.56 lakh Form 10A for registration of trusts/institutions, 3.29 lakh Form 10E for arrears of salary, 49,295 Form 35 pertaining to filing of appeal and 35,342 DTVSV Form 4 till 3rd December, 2021.  Over 7.81 lakh 15CA and more than 1.82 lakh 15CB Forms have been filed. More than 29.54 lakh e-PANs have been allotted online free of cost. The legal heir functionality has been enabled for registrations and compliance.

The Department has been issuing reminders to taxpayers through emails, SMS and media campaigns encouraging taxpayers to file their Income Tax Returns for AY 2021-22 without any further delay.

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