Over 2.25 crore ITRs for AY 2021-22 filed on Income Tax e-filing portal till Oct 28

 








The Income Tax department has notified on Twitter that over 2.25 crore ITRs for AY 2021-22 were filed on the Income Tax e-filing portal till October 28. Over 55% of these ITRs have been prepared using the online form available and filed on the new portal.

More than 1.95 crore ITRs for AY 2021-22 have been e-verified till 28th October 2021. Out of this, 86% were verified using Aadhaar OTP. Out of the ITRs received, 62% of these are ITR1, 8% - ITR2, 7% - ITR3, 23% - ITR4 & the balance are ITRs 5, 6 and 7.

Over 1.50 crore ITRs 1,2 and 4 for AY 2021-22 have already been processed and over 55 lakh refunds issued. More than 15 crore unique taxpayers have logged in till 28th October 2021 & over 21.47 lakh new registrations have been done. Over 60.87 lakh taxpayers have availed of the 'forgot password' facility to obtain their passwords till 28th October 2021.

Over 24.01 lakh new e-PAN have been allotted and 79.55 lakh taxpayers have linked their PAN with Aadhaar online on the new portal. Over 34.19 lakh Bank accounts have been validated and over 21.15 lakh Bank Accounts have been enabled for e-Verification.

Over 21.69 lakh Statutory Forms filed including 12.81 lakh TDS statements, 1.37 lakh Form 10A for registration of Trusts/Institutions, 2.30lakh Form 10E for arrears of salary, 2.91 lakh 15 CA, 0.74 lakh 15CB for foreign remittance & 39,061 Form 35 for Appeal till 28th Oct 2021.

More than 12.87 lakh notices pertaining to Faceless Assessments, Appeals & Penalty proceedings have been posted on the portal, out of which, responses have been received in over 6.75 lakh cases.

Comments

Post a Comment

Popular posts from this blog

Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations

Image
  The Centre has preferred a writ appeal before the Madras High Court against a single judge's order that flat or villa owners paying more than ₹7,500 a month towards maintenance charges to their residents’ welfare associations must pay Goods and Services Tax (GST) at the rate of 18% only for the amount exceeding ₹7,500 and not for the entire monthly contribution. Justices T.S. Sivagnanam and Sathi Kumar Sukumara Kurup on Wednesday allowed an application filed by the Centre to dispense with production of a certified copy of the judgment passed by Justice Anita Sumanth recently and directed the Registry to list the appeal for admission in the usual course. Justice Sumanth had in July this year quashed an order passed by the Authority for Advance Ruling (AAR) on June 21, 2019 as well as a consequent circular issued by the Department of Revenue under the Union Finance Ministry on July 22, 2019 since both of them had insisted upon collecting GST for entire monthly contribution. The jud...
Read more

Seven key things to know before filing income tax return (ITR) for FY21

Image
  The last date to file income tax return for the financial year 2020-21 has been extended to September 30, 2021. Although there is more than two months left for the deadline to end, it is always recommended to complete the task as soon as possible and not to wait for the last minute. Worth mentioning here is that the income tax department last month launched a new e-filing portal (www.incometax.gov.in) to speed up the processing of tax returns. The I-T department will soon launch a mobile application, having all the features of the new portal. This year taxpayers have to take care of the following changes in the ITR filing process. 1) A new utility named JSON has been launched for filing tax return forms for FY21. At present, only three forms, ITR 1, 2 and 4 have been released. These new forms will import pre-fill data such as personal details, salary income, dividend income, interest income, capital gains and all the information available in Form 26AS. 2) Taxpayers will have the ...
Read more

Income Tax Dept detects ₹350 cr unaccounted cash receipts after raid in Rajkot

Image
  The Income Tax Department carried out a search and seizure operation on a real estate group based in Gujarat's Rajkot and found unaccounted cash receipts in various projects of approximately ₹350 crore, the Finance Ministry said on Friday. The group is among Gujarat’s prominent real estate builders and developers and is actively engaged in real estate, construction and land trading businesses in and around Rajkot. More than 40 premises were covered in the search operation. During the course of operation, many incriminating documents and digital evidences were seized indicating involvement of the group in unaccounted transactions. The IT sleuths found substantial evidence of transactions outside the regular books of accounts, unaccounted cash expenses, cash advances received and interest paid in cash. Evidence of on-money payments in real estate projects-flats, shops and land deals has also been found. Total unaccounted cash receipts in various projects of approximately ₹350 crore...
Read more