AMN / NEW DELHI
Over five crore 65 lakh Income Tax Returns were filed by taxpayers for the Assessment Year 2019-20. This is 4 per cent more compared to the previous assessment year. Central Board of Direct Taxes (CBDT) data shows that 5 core 42 lakh ITRs were filed for the Assessment year 2018-19. In a statement, CBDT said, e-filing of ITRs touched an all-time high of over 49 lakh 29 thousand in a single day on August 31 for the year 2019-20.
From August 27 to 31 this year, nearly one crore 47 lakh 82 thousand people filed online income tax returns, an increase of 42 per cent as compared to the same period of 2018-19.It said that the I-T department is actively interacting with taxpayers on social media to help them resolve their grievances and e-filing related queries and getting accolades in return.
The last date for submission of e-filing of ITRs for 2019-20 was August 31. It added that the peak filing rate per second was at 196 ITRs. Out of the 5 crore 65 lakh ITRs filed so far, 3 crore 61 lakhs have been verified.