Income Tax Statement Form 1-1 Ten Reliable Sources To Learn About Income Tax Statement Form 1-1

New Delhi: Over 6.63 crore assets income tax allotment (ITRs) accept been filed for 2020-21 budgetary as of March 15, an access of 16.7 lakh within the taxation allotment filed aftermost 12 months, the I-T management stated on Wednesday.

PDF] Income Tax Assessment Form 1-1 PDF Download – InstaPDF | tax statement form 2020-21

March 15 had been the aftermost date for filing ITRs for 2020-21 budgetary by corporates and included taxpayers whom accept to book analysis reports. The aftermost date for folks was December 31, 2021.

“More than 6.63 crore Assets Tax Allotment (ITRs) had been filed for AY 2021-22 regarding the brand new e-filing aperture regarding the Assets Tax Administration as on fifteenth March, 2022… This reflects an access of over 16.7 lakh ITRs over absolute filing of ITRs for AY 2020-21 till March 15, 2021,” the I-T management stated in a statement.

More than 5.43 lakh* that is IT( were filed on March 15, 2022, compared to 4.77 lakh aftermost year on the due date, while over 13.84 lakh ITRs were filed in the aftermost bristles canicule (compared to 11.87 lakh earlier).

Out of the 6.63 crore ITRs filed for AY 2021-22, 46 per cent are ITR-1 (3.03 crore), 9 per cent are ITR-2 (57.6 lakh), 15 per cent are ITR-3 (1.02 crore), 26 per cent are ITR-4 (1.75 crore), and 2 per cent are ITR-5 (15.1 lakh), ITR-6 (9.3 lakh) and ITR-7 (2.18 lakh).

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that baby to a cardinal that is ample of and typical taxpayers.

Sahaj are filed by an alone accepting assets of up to* that is( 50 lakh and who receives assets from salary, one abode property/other sources (interest, etc). ITR-4 can be filed by individuals, HUFs and firms with absolute assets up to* that is( 50 lakh and accepting assets from company and occupation.

ITR-3 is filed by systems accepting assets as earnings from business/ profession, while ITR-5, 6 and 7 are filed by LLPs, organizations and trusts, correspondingly.

Further, out from the 6.63 crore* that is IT( filed for AY 2021-22, included than 6.01 crore accept been absolute (75 per cent application Aadhaar OTP).

Out regarding the absolute ITRs, added than 5.17 crore accept been candy and 1.83 crore refunds for AY 2021-22 accept been given till March 15, 2022.

To abetment taxpayers with a bland acquaintance regarding the portal, over 8,500 aborigine telephone calls and 260 chats had been taken care of immediately by the helpdesk alone on March 15, 2022 itself.

Two e-mail ids had been intended to boldness grievances of taxpayers in a dynamic target accompanying to uploading of ITRs ([email protected].

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