Record 7.85 Crore+ ITRs filed in FY 23-24 for all assessment years up to Oct 31: Govt

Income Tax Department of India has achieved a significant milestone by registering a record number of Income Tax Returns (ITRs) filed until October 31, 2023. This date marked deline for filing of ITRs (excluding ITR 7) for taxpayers not involved in any international or specified domestic transactions that required auditing of ir books of account.

According to official statements from Finance Ministry, "More than 7.65 crore ITRs were filed for AY 2023-24 till 31st October 2023, which is 11.7% higher as compared to 6.85 crore ITRs filed for AY 2022-23 till 7th November 2022, due date for filing such ITRs in preceding year. Furr, total number of ITRs filed in FY 2023-24 for all assessment years up to 31st October 2023 stands at 7.85 crore, an all-time high when compared to a total of 7.78 crore ITRs filed in FY 2022-23."

Remarkably, out of 7.65 crore ITRs filed for AY 2023-24, over 7.51 crore ITRs have alrey been verified. ditionally, out of 7.51 crore verified ITRs, 7.19 crore have alrey been processed as of October 31, 2023, signifying that nearly 96% of verified ITRs have been processed.

Record number of Income Tax Returns (ITRs) filed till 31st October, 2023.

Few highlights:
👉Total ITRs filed in FY 23-24 for all AYs upto 31st October, 2023 stands at 7.85 crore. An all-time high!
👉More than 7.65 crore ITRs filed for AY 2023-24 upto 31st October, 2023 which is… pic.twitter.com/DKOuZSeGBt

— Income Tax India (@IncomeTaxIndia)

same date also served as due date for filing crucial statutory forms such as Form 10B, 10BB, and Form 3CEB. Finance Ministry stated, "More than 1.44 crore various s of statutory forms were filed up to October 31, 2023."

Finance Ministry lauded efficiency of e-filing portal, emphasising that during peak filing days, portal efficiently handled traffic, offering taxpayers and tax professionals a seamless experience for submitting forms and ITRs. This achievement was widely appreciated on various platforms, including social media.

Income Tax Department also provided support to taxpayers through various channels, including inbound calls, outbound calls, live chats, Webex, and co-browsing sessions, Ministry stated. helpdesk team actively resolved queries received through Department's Twitter handle using Online Response Management (ORM), ensuring near real-time assistance to taxpayers and stakeholders.

statement from Income Tax Department expressed gratitude to taxpayers and tax professionals for ir compliance and urged those who have not yet filed ir forms and ITRs to do so promptly. Department emphasised importance of continued timely tax-related compliance.

" IT Department expresses its gratitude to all taxpayers and tax professionals for ir support in compliance and requests attention of taxpayers who are yet to file Forms and ITRs, to file m. Department urges all taxpayers and tax professionals to continue to make tax-related compliances in time," statement re.