Almost 34 lakh earnings tax returns have been filed until 4 PM on the final day of submitting ITR for 2021-22 fiscal by salaried particular person, the I-T division stated on Sunday.
The deadline for submitting I-T returns, by these taxpayers who would not have to get their accounts audited for the fiscal ended on March 31, 2022, is Sunday.
Until July 30, greater than 5.10 crore tax returns had been filed.
Giving statistics of Revenue Tax Returns (ITR) filed on Sunday, the I-T division tweeted: “33,73,975 #ITRs have been filed as much as 1600 hours as we speak & 4,73,228 #ITRs filed within the final 1hr.”
Over the month, the I-T division has been nudging taxpayers to file their ITRs for 2021-22 fiscal to keep away from levy of late charges.
The I-T division additionally requested taxpayers to hunt help relating to ITR submitting by emailing to ‘orm@cpc.incometax.gov.in’ or calling assist desk numbers 1800 103 0025 and 1800 419 0025.
In line with tax legal guidelines, a ₹5,000 late payment could be payable by folks having an annual earnings of over ₹5 lakh, in the event that they file their ITR by December 31 of the evaluation yr.
People with an annual earnings beneath ₹5 lakh shall be responsible for a late payment of ₹1,000 for delayed return submitting.
Moreover, these having excellent unpaid tax must shell out a further 1 per cent curiosity monthly for delayed submitting.
The late payment won’t apply to these taxpayers whose earnings is beneath the taxable restrict.