Record-Breaking ITR filing in AY 2023-24: 8.18 crore audit reports and forms submitted
Record-Breaking ITR filing in AY 2023-24: 8.18 crore audit reports and forms submitted
The number of income-tax returns (ITRs) filing reached a record 8.18 crore for the assessment year (AY) 2023-24 up to December 31, 2023 as compared to 7.51 crore in the same period the previous year, Union Finance Ministry said quoting data from the Income-Tax Department.
A large number of taxpayers did their due diligence by comparing data of their financial transactions by viewing their Annual Information Statement (AIS) and Taxpayer Information Summary (TIS).
A substantial portion of the data for all ITRs was prefilled with data about salary, interest, dividend, personal information, tax payment including TDS-related information, brought forward losses, maximum alternate tax (MAT) credit, etc to further ease compliance by taxpayers, it said. “The facility was used extensively, resulting in smoother and faster filing of ITRs,” it added.
The department also made a digital e-pay tax payment platform (TIN 2.0) fully functional on the e-filing portal in the financial year 2023-2024. This enabled user-friendly options for e-payment of taxes such as Internet Banking, NEFT/RTGS, OTC, Debit Card, payment gateway and UPI. TIN 2.0 platform has enabled real-time credit of taxes to taxpayers which made ITR filing easier and faster, it said.
Support from the help desk was provided to taxpayers through inbound calls, outbound calls, live chats, WebEx and co-browsing sessions.
The Helpdesk team also supported the resolution of queries received on the X handle of the department through Online Response Management (ORM), by proactively reaching out to the taxpayers and assisting them with different issues on a near real-time basis, it said.
