July 31, 2023, is the last date for ITR filing. To date, over 5 crore tax returns have been filed, with 88% of them e-verified. ITR filing last date 2023: For salaried employees and individuals not requiring audited accounts for the assessment year 2023-24, the deadline for filing ITRs is July 31.
ITR filing last date 2023: With only three days left until the July 31 deadline, waiting for an extension is futile. If you haven’t filed yet, act promptly and complete the process as soon as possible.
“Beat the last-day rush! Only 1 day left to file your #ITR. The deadline for filing your ITR for AY 2023-24 is July 31, 2023. Don’t forget to e-verify after filing. Visit https://incometax.gov.in,” tweeted the income tax department.
It’s crucial to complete the final step of ITR filing in 2023.
This step is essential for receiving a prompt refund if eligible. Once you’ve finished the e-verification process, your ITR will be considered e-verified.
As of July 27, 2023, over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal year, which ended on March 31.
The income tax department tweeted that out of the 5.03 crore ITRs filed, more than 88 percent, which is around 4.46 crore ITRs, have been e-verified.
Additionally, more than 2.69 crore of the e-verified ITRs have already been processed.
The deadline for filing ITR by salaried employees and individuals not requiring audited accounts for assessment year 2023-24 is July 31.
For ITR filing 2023, a 24×7 helpdesk has been set up to provide assistance to taxpayers
Our helpdesk is available 24×7 to provide support and assistance to taxpayers with ITR filing, tax payment, and other related services. We are committed to offering continuous support until July 31, 2023, including on weekends, Saturdays,s and Sundays.
Who is required to file ITR?
If your income from all sources exceeds the basic exemption limit, you are required by law to file your ITR. The income considered for this purpose includes earnings before various deductions available under Chapter VIA, such as Section 80C, 80 CCD, 80D, 80 G, 80TTA, 80 TTB, etc., as explained by Mumbai-based investment and taxation expert Balwant Jain.
The basic exemption limit varies based on age groups:
- Below 60 years: ₹2.50 lakhs
- Between 60 and 80 years: ₹3 lakhs
- Over 80 years: ₹5 lakhs
