The number of first time ITR filers came in at 53.67 lakh, which reflects the widening of the taxation base, CBDT said.
The number of income tax returns (ITRs) filed in assessment year 2023-24 is 16.1 percent higher as compared to the preceding year, the Central Board of Direct Taxes (CBDT) said on August 1, adding that the cumulative number of filings peaked to a record high of "over 6.77 crore" as of July 31.
In comparison, a total of 5.83 crore ITRs were filed as of July 31, 2022.
The filing of ITRs peaked on the last day, with "over 64.33 lakh ITRs being filed" as the deadline neared.
"The e-filing portal also observed its highest per hour rate of 4,96,559 of ITR filings between 5 PM to 6 PM on July 31, 2023, with highest per second rate of ITR filing of 486 (at 16:35:06 hours on that day) and highest per minute rate of ITR filing of 8,622 (at 17:54 hours)", the taxation body said in a release.
The number of first time ITR filers came in at 53.67 lakh, which reflects the widening of the tax base, it added.
311 Likes