The Income Tax Department reported on Wednesday that over 7 crore income tax returns (ITRs) have been filed as of 7 p.m. on July 31, with more than 50 lakh returns submitted on the final day alone.
Taxpayers who have not yet filed their returns for the financial year 2024 are urged to do so promptly. The department’s 24/7 helpdesk is available for assistance with ITR filing.
In a social media update, the department stated: “More than 7 crore ITRs have been filed as of July 31, including over 50 lakh filed today by 7 p.m. Our helpdesk is operational around the clock to support ITR filing and related services. We encourage all taxpayers who haven’t filed for AY 2024-25 to complete their filings.”
The deadline for income tax returns for those not subject to audit was July 31. By the same date in 2023, over 6.77 crore ITRs had been filed, with 64.33 lakh submissions made on the final day.
Revenue Secretary Sanjay Malhotra revealed that approximately 6 crore ITRs were filed for the 2023-24 fiscal year, with 70% submitted under the new simplified tax regime offering lower rates. Malhotra noted that a review of tax laws is in progress, with a draft expected for public feedback.
