The Income Tax Department has extended the date for filing income tax returns. However, this is not for common taxpayers. The government has now extended the last date for filing income tax returns to 30th November. You can file income tax return through the Income Tax website or offline.
On Monday, the government said that the last date for companies to file income tax returns has been extended till November 30. Apart from this, for companies that need to get their accounts audited, the due date for submitting the audit report has been extended by one month to October 31.
The Finance Ministry said in a statement that the due date for filing return of income in Form ITR-7 for the assessment year 2023-24 has been extended from 31.10.2023 to 30.11.2023.
Record filed ITRs
If we talk about ITRs filed by individuals paying income tax, then for the financial year 2023- In 24, India had broken all its records. A record 6.77 crore income tax returns were filed for assessment year 2023-24 till July 31, of which 53.67 lakh were first-time ITRs.
Record ITR filed in a day
ITR filing peaked on July 31, 2023, when more than 64.33 lakh ITRs were filed in a single day. The department said that the department received 53.67 lakh ITRs from first-time filers till July 31, 2023. Out of 6.77 crore ITRs, 5.63 crore returns have been e-verified. More than 46 per cent of ITRs have been filed using the online ITR utility available on the e-filing portal.
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