Over 5 Crore ITRs Filed As Deadline Nears: Income Tax Dept’s Update

The Income Tax Department announced on Saturday that over 5 crore tax returns for the Assessment Year 2024-25 have been filed so far through its e-filing portal, marking an 8% increase from the previous year. On July 26 alone, the portal received 28 lakh ITRs, showing a surge in last-minute filings as the deadline approaches.

The department attributed the smooth operation of the e-filing process to its technological partnership with Infosys, which has been tasked with maintaining the portal.

“More than 5 crore ITRs for AY 2024-25 have already been received on the e-filing portal of the Income Tax Department till 26th of July 2024. This is 8% more than the ITRs filed in the preceding year. Over 28 lakh ITRs were received on 26th July itself,” the Income Tax Department posted on X.

“Infosys is the technology partner of ITD for operating the e-filing portal. They have been instructed to ensure uninterrupted services. Infosys has assured uninterrupted services during the e-filing peak period,” it added.

The last date for filing ITR for AY 2024-25 is July 31, 2024.

At a session organized by the Chartered Accountants’ apex body ICAI in the national capital on Wednesday, concerns were raised about glitches in the I-T portal. In response, Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal assured attendees that the government is engaging closely with service providers to ensure the proper functioning of the income tax department’s portal.

“We are engaging closely with our service providers Infosys, IBM, and Hitachi who are on the job. The volumes are high and the compliance is also good… I have been assured that the website will function properly,” Agrawal said.

He also mentioned that the CBDT will be working over the next six months to simplify the I-T Act.