Tax Refund: Refund issued to 2.75 crore taxpayers, total 7.09 crore tax returns filed till September. business news in hindi

Tax Refund: Refund issued to 2.75 crore taxpayers, total 7.09 crore tax returns filed till September.  business news in hindi

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The Income Tax Department has said that refunds have been issued to 2.75 crore taxpayers. But, there are a large number of taxpayers who have not yet responded to the mail or message regarding income tax queries related to mismatched data.

The department has said that such taxpayers should send their replies as soon as possible so that corrections can be made and their refunds can be issued. Releasing the figures, the Income Tax Department said that 7.09 crore returns have been filed till September for the assessment year 2023-24. Of these, 6.96 crore ITRs have been verified, out of which 6.46 crore returns have been processed so far, including 2.75 crore refund returns. Emphasis has been laid on fast processing and quick issuance of refunds.

The Income Tax Department said that there are some cases in which refunds are outstanding to the taxpayers. The replies sought from such taxpayers are pending. Under Section 245(1) of the Income Tax Act 1961, it is mandatory to provide an opportunity of representation to the taxpayer before adjusting the refund. The taxpayer is required to agree, disagree or clarify the position in the reply sought from the Income Tax Department. With this, taxpayers are being given information about the current demand over the previous years.

The Income Tax Department said that taxpayers are requested to take advantage of this opportunity and respond to such information so as to resolve the pending demands and facilitate timely issuance of refunds. In such a situation, if you have not received the tax refund yet, then check your e-mail or contact the nearest income tax helpline.

E-Filing Central Processing Center Helpline Number

1800 103 0025
1800 419 0025
+91-80-46122000
+91-80-61464700
Tax Information Network Helpline Number
91-20-27218080
AIS and Reporting Portal Helpline Number
1800 103 4215

30 lakh tax audit report file

According to the tax authority, the deadline for filing tax audit reports by institutions and companies was fixed as September 30. Till September 30, more than 30 lakh audit reports have been filed on the Income Tax website. At the same time, with certain conditions, charitable institutions, trusts, hospitals etc. have been given relaxation in this time limit and they can submit the audit report till October 30.



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