ITR Filing: ITR is being filled fast in the last minute, today can be filed more than 1 crore returns

ITR Filing: The deadline for filing income tax returns (ITR) is ending today. Today, due to the last date, more than 1 crore tax returns are expected to be filed. Till now, 6.29 crore returns have been filed for Assessment Year 2025-26. There has been a jump of 7.5 percent in ITR filing compared to last year.

Looking at the rapid returns being filed today, it seems that this time it will cross the figure of 7.8 crores. Earlier, 6.77 crore returns were filed in Assessment Year 2023-24, 5.82 crore in 2022-23 and 5.77 crore returns in 2021-22.

Advance tax also has deadline today

Experts say that due to the second installment of advance tax, the challenges of September 15 have increased further, which will put a double burden on taxpayers and professionals. Let us tell you that the deadline for filling the second installment of advance tax is also September 15, while its first installment has to be filled by June 15. In the second installment of advance tax, a share of up to 45 percent of the total tax has to be paid.

Explain that people whose tax liability is Rs 10,000 or more annually. That is, those who have to pay Rs 10,000 or more in a year. The Income Tax Department gives them the option to pay tax in installments. People who do not cut TDS from income have to pay advance tax. This includes people earning through stock market or mutual funds, freelancer, NRI.

Help desk also arranged

Meanwhile, the Income Tax Department denied the report on Sunday, claiming that the deadline for filing tax returns is being extended till September 30. While filing ITR, 24×7 help desk has also been arranged to help taxpayers. Under this, support is being provided through call, live chat, X and Webex sessions.

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ITR Filing: What if you missed to file ITR today? Information is complete here