Income Tax Department Processes Nearly 4 Crore ITRs in Just 15 Days



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The Income Tax Department has achieved a significant milestone by processing almost 4 crore Income Tax Returns (ITRs) for Assessment Year 2024-25 in a mere 15 days. This rapid processing, part of a broader digitisation effort, saw 3.92 crore returns completed within this short timeframe out of the 7.28 crore filed by July 31st. This efficiency highlights the department's commitment to enhancing taxpayer services and leveraging technology.

Revenue Secretary Sanjay Malhotra announced a significant milestone for the income tax department at the 165th Income Tax Day celebration on Wednesday. In a remarkable feat of digitisation, the department has processed nearly 4 crore income tax returns (ITRs) for Assessment Year (AY) 2024-25 in just 15 days.

Sanjay Malhotra highlighted that, out of the 7.28 crore ITRs filed by July 31, 2024, approximately 4.98 crore have been processed, with intimations sent to taxpayers. Notably, 3.92 crore of these ITRs were processed in under 15 days, showcasing the department’s efficiency in handling the increased workload.

Income Tax: 4 Crore ITRs Processed in 15 Days

"We have made significant strides in digitisation," he said, emphasizing the rapid processing of returns. He also noted the impressive growth in direct tax revenues over the past decade, which have surged from Rs 5.59 lakh crore to Rs 20 lakh crore. Additionally, the tax-to-GDP ratio has risen to 6% from 5.6%, reflecting a positive trend in tax collection and economic growth.

This swift processing of returns is a testament to the income tax department's commitment to improving taxpayer services and leveraging technology for enhanced operational efficiency.

FAQ :

The Income Tax Department has processed nearly 4 crore Income Tax Returns (ITRs) for Assessment Year 2024-25.

Nearly 4 crore ITRs were processed in just 15 days.

A total of 7.28 crore ITRs were filed by July 31, 2024.

The digitisation effort signifies the department's enhanced efficiency in handling a large volume of returns rapidly and improving taxpayer services.

Direct tax revenues have seen significant growth, surging from Rs 5.59 lakh crore to Rs 20 lakh crore over the past decade.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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