Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of the July 31 deadline.
Sanjay Malhotra further said, “We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would advise them not to wait until the last moment and also not to hope for any extensions.”
“So, I would advise them to file their tax return at the earliest because the deadline of July 31 is approaching fast,” he said in an interview with news agency PTI.
Recently, Income Tax shared the information through a Tweet saying, “We are happy to inform that over 2 crore Income Tax Returns (ITRs) for AY 2023-24 have already been filed till 11th of July this year as compared to 2 crore ITRs filed till 20th of July last year.”
“Our taxpayers have helped us reach the 2 crore milestone 9 days early this year, compared to the corresponding period in the preceding year, and we appreciate the effort!”, the tweet added.
“We urge those who haven’t filed ITR for AY 2023-24, to file their ITR at the earliest to avoid last-minute rush. Please visit: https://incometax.gov.in/iec/foportal/#FileNow#ITD“, the tweet further said.
We are happy to inform that over 2 crore Income Tax Returns (ITRs) for AY 2023-24 have already been filed till 11th of July this year as compared to 2 crore ITRs filed till 20th of July last year.
— Income Tax India (@IncomeTaxIndia) July 11, 2023
Our taxpayers have helped us reach the 2 crore milestone 9 days early this year,… pic.twitter.com/ZlOAKeJpWR
Income Tax has also informed the Holders of foreign bank accounts, assets, and income that they need to fill the Foreign Asset Schedule in the Income Tax Return (ITR) for Assessment Year 2023-24.
It has also informed to ensure and disclose all Foreign Assets (FA) and Foreign Sources of Income (FSI) if someone possesses foreign bank accounts, or assets, or receives income from abroad. The due date is 31st July 2023.
Moreover, about 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for the assessment year 2022-23.
