Taxpayers Required to File Their Returns

The IT department has been asking the taxpayers to file their ITRs for 2021-22 financial year to avoid levy of late fees. It has also asked taxpayers to seek assistance regarding filing of ITR be emailing to or calling help desk numbers 18001030025 and 1800412025.

The IT department said that nearly 39 lakh income tax returns were filed till 4 PM on the last day for filing the returns. Till 30th July, more than 5.10 crores tax returns had been filed.

For people having income of over Rs 5 lakh, a late fee of Rs 5000 would be payable if the returns were not filed by 31st December of the assessment year. A late fee of Rs 1000 would be paid for people who have income below Rs 5 lakhs. For those people who had an outstanding unpaid tax, an additional 1 percent interest per month for delayed filing was to be charged. The late fee, however, was not applicable to those taxpayers whose income was below the taxable limit.