{"id":18515,"date":"2024-04-04T20:17:18","date_gmt":"2024-04-04T20:17:18","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/04\/cbdt-enables-itr-filing-for-fy-24-23000-returns-filed-in-4-days\/"},"modified":"2024-04-04T20:17:18","modified_gmt":"2024-04-04T20:17:18","slug":"cbdt-enables-itr-filing-for-fy-24-23000-returns-filed-in-4-days","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/04\/cbdt-enables-itr-filing-for-fy-24-23000-returns-filed-in-4-days\/","title":{"rendered":"CBDT enables ITR filing for FY 24; 23,000 returns filed in 4 days"},"content":{"rendered":"
\"CBDT<\/div>\n
The Income Tax department<\/a> on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal<\/a> from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year<\/a>. This is for the first time in recent years that the Income Tax department has enabled taxpayers to file their I-T Returns on the first day of the new financial year and, is a step towards ease of compliance and seamless taxpayer services. <\/p>\n

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2<\/a> is filed by people having income from residential property). <\/p>\n

In a statement, the Central Board of Direct Taxes (CBDT<\/a>) said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the 2024-25 Assessment Year (relevant to Financial Year 2023-24) from April 1, 2024. <\/p>\n

“The ITRs — i.e. ITR-1<\/a>, ITR-2 and ITR-4<\/a> — commonly used by taxpayers are available on the e-filing portal from April 1, 2024 onwards for taxpayers to file their returns. Companies will also be able to file their ITRs through ITR-6 from April 1 onwards,” the CBDT said. <\/p>\n

Sahaj can be filed by a resident individual having income of up to Rs 50 lakh and who receives income from salary, one house property, other sources (interest) and agricultural income of up to Rs 5,000. <\/p>\n

Sugam can be filed by individuals, Hindu Undivided Families and firms — other than Limited Liability Partnerships (LLPs) — being a resident having total income up to Rs 50 lakh and income from business<\/a> and profession. As a precursor to this, CBDT had notified the ITR forms early, beginning with ITRs 1 and 4 that were notified on December 22, 2023, ITR-6 was notified on January 24, 2024 and ITR-2 was notified on January 31, 2024. “Thus, taxpayers have been enabled to file ITR-1, ITR-2, ITR-4 and ITR-6 for AY 2024-2025 on the e-filing portal from 01.04.2024. In fact, about 23,000 ITRs for AY 2024-25 have already been filed to date,” the CBDT said. <\/p>\n

Facility to file ITRs 3, 5 and 7 will be made available soon, it added.<\/p>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Income Tax department on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year. This is for the first time in recent years that the Income Tax department has enabled taxpayers to […]<\/p>\n","protected":false},"author":2,"featured_media":18516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-109042974,imgsize-41850.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[449,7933,3495,23973,21756,3435,1829,15065,8521,7395,15064,22904,23970,23971,23972,6512],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/18515"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=18515"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/18515\/revisions"}],"predecessor-version":[{"id":18517,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/18515\/revisions\/18517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/18516"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=18515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=18515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=18515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}