The Earnings Tax division revealed that greater than 6.13 crore earnings tax returns had been filed for FY 2022-23 as of July 30 and a few of them have already acquired their refunds. Many taxpayers complained of glitches within the earnings tax portal on July 31, the ultimate day to file ITR.
“Sort Consideration…A brand new milestone! Greater than 6 crore ITRs have been filed to this point (thirtieth July) of which about 26.76 lakh have been filed at present until 6:30 pm! We’ve got witnessed greater than 1.30 crore profitable logins on the e-filing portal at present,” the IT division stated in a tweet.
“To help taxpayers for ITR submitting, tax fee and different associated companies, our helpdesk is performing on 24×7 foundation, and we’re offering help by calls, stay chats, WebEx periods & social media. We prolong our gratitude to taxpayers and tax professionals for serving to us attain this milestone, and urge all those that have not filed ITR for AY 2023-24, to file their ITR on the earliest to keep away from final minute rush,” it added.
Will the deadline be prolonged?
The final day to file your earnings tax returns is July 31. The federal government has not introduced any deadline extension to this point. When you’ve got not filed your IT returns, you must pay a late charge.
What to do if IT portal will not be working?
If you’re going through any problem with the earnings tax portal, you possibly can retry after clearing the browser cache. If the issue persists, you possibly can mail the Earnings Tax Division on [email protected] along with your PAN, registered cell quantity and screenshot of the error.
How a lot is the late charge?
In case your complete earnings is lower than the essential exemption restrict, you do not have to pay a late charge for submitting between August 1 and December 31. Nonetheless, in case your earnings is does not exceed Rs 5 lakh, you must pay a penalty of Rs 1,000. These with earnings above Rs 5 lakh need to pay a late charge of Rs 5,000.
For those who file your returns after December 31, the fantastic will likely be elevated to Rs 10,000.
How you can test refund standing?
Go to the official earnings tax e-filing portal.
Log in with consumer ID, password and captcha
Go to My Account part
Click on on Refund/Demand Standing to search out out your refund standing, motive for refund failure and many others.
How is the refund paid?
If you’re eligible for a refund, it is going to be credited on to your checking account or you’ll be issued a refund cheque as per the choice chosen by you on the time of submitting the returns. The method can take from every week to 4 months after the e-verification.