The last date to file Income Tax Return (ITR) for the financial year 2020-21 was December 31. During this, about 5.89 crore ITRs have been deposited through the portal for filing new e-returns.
The last date to file Income Tax Return (ITR) for the financial year 2020-21 was December 31. During this, about 5.89 crore ITRs have been deposited through the portal for filing new e-returns. Out of these, 46.11 lakh returns were filed only on the last date i.e. 31st December.
Deadline extended due to Corona
The Central Board of Direct Taxes (CBDT) said in a statement, “Around 5.89 crore income tax returns have been submitted till December 31 through the new e-return filing portal of the Income Tax Department.” Due to the corona virus epidemic, this year also the date of submission of income tax returns was extended.
Fewer ITRs filed as compared to last year
In comparison, 5.95 crore income tax returns were filed for the financial year 2019-20 (Assessment Year 2020-21) till the extended date, January 10, 2021. 31.05 lakh income tax returns were filed on the last day on January 10, 2021.
CBDT’s figures
The CBDT said that out of the total 5.89 crore returns filed for the financial year 2020-21 (Assessment Year 2021-22), 49.6% ITR 1 (2.92 crore), 9.3% ITR 2 (54.8 lakh), 12.1% ITR 3 (71.05 lakh) ), 27.2% are ITR 4 (1.60 crores) and 1.3% are ITR 5 (7.66 lakhs). Apart from this 2.58 lakh ITR-6 and 67,000 ITR-7 have been filed.
Most filed returns from online portal
CBDT said, “Of these, 45.7% were filed through online ITR form on the return portal while the rest were ‘uploaded’ through ITR generated by offline software facilities.”