Thursday, May 19, 2022

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Over two crore ITRs filed on e-Filing portal of I-T Dept

Over two crore Income Tax Returns have been filed on the e-Filing portal of the Income Tax Department. The e-filing portal of the Income Tax Department has marked receipt of more than 2 crore IT returns as on 13th October. The new portal was launched on 7th June this year and in the initial period, taxpayers had reported glitches and difficulties in the functioning of the portal. Finance Ministry has said a number of technical issues have since been resolved and the performance of the portal has substantially stabilized.

Over 13.44 crore unique taxpayers have logged in till 13th October. Approximately 54.70 lakh taxpayers have availed of ‘forgot password’ facility to obtain their passwords.

All Income Tax Returns have been made available for e-filing. More than 1.70 crore returns have been e-verified, out of which 1.49 crore are through Aadhaar based OTP. The process of e-verification through Aadhaar OTP and other methods is important for the Department to commence processing of the ITR and to issue refunds.
Of the verified ITRs 1 and 4, over 1.06 crore ITRs have been processed and over 36.22 lakh refunds for AY 2021-22 have been issued. Processing of ITRs 2 and 3 will be taken up shortly.
The Digital Signature registration of non-residents has been enabled and overall 4.87 lakh DSCs have been registered.

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