The Income Tax Department has officially enabled the filing of Updated Returns (ITR-U) for Assessment Years 2021–22 and 2022–23, giving taxpayers a chance to correct or complete past returns—but only ...
Last year, ITR filings grew 7.5 per cent year-on-year, and assuming a similar pace, the number could touch 7.8 crore this year. The growth trend has been steady — 6.77 crore returns were filed in AY ...
As the extended deadline for income tax return (ITR) filing ends on Monday, filers are hurrying to comply, with more than 1 crore returns anticipated on the final day.