Income Tax Update: 4.5 Lakh Returns filed in One Hour, Dept launches Helpline for Assistance

Helpline for Assistance - ITR - Income Tax - CBDT - Taxscan

The Central Board of Direct Taxes (CBDT), on Saturday, announced that approx. 26,82,031 have been filed till 4 o’clock and 3,97,792 between 5 p.m to 6 p.m and 4,48,676 p.m from 6 to 7 p.m. Considering the rush, the department has launched a helpline in order to assist the taxpayers in filing their returns.

“Some more statistics of Income Tax Returns filed today. 35,67,263 #ITRs have been filed up to 1800 hours today & 4,48,676 #ITRs filed in the last 1hour. For any assistance, please connect to orm@cpc.incometax.gov.in. We will be glad to assist! @FinMinIndia,” the department tweeted a few minutes ago. “Here are some statistics of Income Tax Returns filed today. 26,82,031 #ITRs have been filed up to 1600 hours today & 3,97,792 #ITRs have been filed in the last 1hour. For any assistance, pl connect to orm@cpc.incometax.gov.in. We will be glad to assist! @FinMinIndia, the department tweeted from its official Twitter handle for an hour.

Earlier in the morning, the department tweeted that “Over 4.52 crore ITRs filed till 29th July, 2022 & more than 43 lakh ITRs filed on 29th July, 2022 itself. Hope you have filed yours too! If not, pl #FileNow Due date to file ITR for AY 2022-23 is 31st July, 2022. Pl visit: http://incometax.gov.in #ITR @FinMinIndia

Earlier, the Central Government clarified that there will not be any extension for the income tax return filing for the year 2022-23.

“Government not considering extending July 31 deadline for filing income tax returns,” the official Twitter handle of the Press Trust of India tweeted today.

Post this, tax practitioners all over the country were urging the Government to extend the due date citing technical reasons including the glitches on the income tax portal. However, there are no hints from the Government so far regarding the extension of the due date.

The Income Tax Act, 1961 provides a number of penal provisions to curb tax evasion and penalize the defaulters in case of non-filing of returns and non/short payment of income tax.

A penalty of Rs 5,000 will be charged for the delay in filing returns if the total income to be reported exceeds Rs 5 lakh. For small taxpayers, if the total income of the person is less than Rs 5 lakh, then the fee payable is up to Rs 1,000.

After December 31st of the relevant assessment year, one cannot voluntarily file ITRs. After that, if and when the income-tax department picks up your income and tax details available for scrutiny, the department will direct the defaulter on how to comply with the mandatory provisions by paying penalties and interest.

Section 234 of the Income-Tax Act deals with penal interest that is levied for delays in paying taxes on time.

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