Over 4.54 cr. ITRs filed for fiscal 2019-20 till Dec 29

TIL Desk/Business/New Delhi/ With just two days left for the deadline for individuals to file income tax returns (ITRs) to end, the IT department on Wednesday said more than 4.54 crore tax returns for 2019-20 fiscal have been filed till December 29.

In the comparable period last year, 4.77 crore income tax returns were filed. At the close of deadline for filing ITRs without payment of late fees for fiscal 2018-19 (assessment year (AY) 2019-20), over 5.65 crore returns were filed by taxpayers.

In a tweet on Wednesday, the Income Tax department nudged taxpayers to file their ITRs by the due date. “More than 4.54 crore Income Tax Returns for AY 2020-21 have already been filed till 29th of December, 2020,” the I-T department said.

The data released by the tax department showed that over 2.52 crore ITR-1 have been filed till December 29, 2020, lower than the 2.77 crore filed till August 29, 2019. Over 1 crore ITR-4 have been filed till December 29 as compared to 99.50 lakh filed till August 29, 2019.