The Income Tax Department reported a record-breaking 9% increase in Income-tax returns (ITRs) filed for the Assessment Year (AY) 2023-2024, reaching 8.18 crores as of December 31, 2023. This marks a significant rise from the previous year’s 7.51 crores filed by the same date for AY 2022-2023. The department also noted the submission of 1.60 crore audit reports and other forms, showcasing an increase from the previous year. The adoption of digital platforms, such as the TIN 2.0 e-pay tax payment system, and extensive outreach initiatives contributed to the streamlined and efficient filing process.
Record 8.18 Crore Income Tax Returns Filed for AY 2023-2024, Marking a 9% Increase
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