Over 48.6 mn ITRs filed for FY21 so far, nearly 1.9 mn filed on Dec 28

Lavern Vogel

Over 4.86 crore Money Tax Returns for 2020-21 fiscal have been filed so far which includes around eighteen.89 lakh ITRs filed on December 28 on your own, the I-T office explained on Wednesday.

The office has previously prolonged the deadline for specific taxpayers to file money tax returns by 5 months till December 31, 2021.

“A whole of 4,86,34,306 #ITRs have been filed upto 28.12.2021 which includes eighteen,89,057 #ITRs acquiring been filed on the day itself,” the office tweeted offering facts of ITRs filed for Assessment Yr 2021-22 (2020-21 fiscal yr).

This features around two.fifty seven crore ITR-one, around one.23 crore ITR-4, around 43 lakh ITR-two and around fifty three lakh ITR-3 becoming filed till December 28.

ITR Type one (Sahaj) and ITR Type 4 (Sugam) are less complicated Forms that cater to a significant variety of little and medium taxpayers. Sahaj can be filed by an specific acquiring money up to Rs 50 lakh and who gets money from salary, a single house property/other resources (interest and so forth).

ITR-4 can be filed by individuals, HUFs and firms with whole money up to Rs 50 lakh and acquiring money from business and profession.

ITR-two is filed by men and women acquiring money from residential property, ITR-3 is filed by men and women acquiring money as earnings from business/profession.

For 2019-twenty fiscal, 5.ninety five crore ITRs ended up filed till the prolonged deadline of January ten, 2021.

(Only the headline and photo of this report may possibly have been reworked by the Enterprise Common personnel the relaxation of the written content is auto-generated from a syndicated feed.)

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