The Income Tax Return (ITR) filed by individual income taxpayers increased by 90% in last nine years to 6.37 crore in AY 2021-22. The number of ITR filings consistently increased among individual taxpayers.
In AY 23-24, 7.41 crore returns have been filed till now. Among them, 53 lakhs are new first-time filers. Over the last nine years, the returns filed by taxpayers jumped from 3.36 crore in Assessment Year (AY) 2013-14 to 6.37 crore in AY 2021-22, according to the Time Series Data of Direct Taxes and Income Tax Return statistics released on Thursday.
( to come)
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Updated: 26 Oct 2023, 08:00 PM IST