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Monday, July 31 is the last date for salaried individuals and non-audit cases to file income tax returns (ITR) for financial year 2022-23.
The Income Tax Department has urged taxpayers to file returns early and avoid last-minute rush.
Over 5.83 crore returns have been filed for FY 2022-23 until 1 pm on July 30, crossing last year’s filings till July 31, the I-T department tweeted.
The I-T portal logged over 46 lakh successful logins until 1 pm on July 30 and 1.78 crore on July 29, indicating a surge in filing activity.
If someone misses the deadline, they can still file a belated return with late fees of 50-200% of tax dues, but won’t be able to carry forward losses or avoid prosecution notices.
The department has been urging taxpayers to complete ITR filing formalities well before July 31 to avoid glitches and ensure all tax details are declared accurately within the deadline.
