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Home TOP NEWS

IT dept enables online filing of ITRs 1, 4

Press Trust of india by Press Trust of india
May 24, 2023
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New Delhi: The Income Tax department has enabled online filing of income tax returns (ITRs) 1 and 4, filed by individuals, professionals and small businesses, for the 2022-23 fiscal.

In a tweet, the income tax department said, the software/utilities for preparing other ITRs/ Forms will be enabled shortly.

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Sitharaman presents Rs 53.47 lakh crore Budget for FY27

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“ITR 1 and 4 for A.Y. 2023-24 are enabled for filing in online mode at e-filing portal,” the department said in reply to a tweet by an individual.

The last date for filing Income Tax returns for fiscal 2022-23 for people who do not need to get their accounts audited is July 31.

ITR-1 is filed by individuals, including salaried class and senior citizens.

ITR-2 is filed by businesses and professionals who have opted for presumptive taxation and those individuals whose annual income doesn’t exceed Rs 50 lakh.

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