Last Updated:
Approximately 26.35% of ITRs were processed in FY 2024-25 in a week in comparison to 22.56% in FY 2023-24
Belated ITR Filing Due Date
In a groundbreaking achievement, the Income Tax Department of India processed more than 1.62 crore Income Tax Returns (ITRs) in a single day for the Assessment Year (AY) 2024-25. This remarkable milestone reflects the growing efficiency and technological prowess of India’s tax administration system.
The numbers don’t stop there. Within just a week of processing, an impressive 26.35% of ITRs for FY 2024-25 were cleared—a significant improvement compared to the 22.56% achieved during FY 2023-24. This year-on-year surge showcases not only the capacity of the system but also the proactive engagement of taxpayers in adhering to filing deadlines.
Behind this achievement is the robust implementation of digital tools and automation. Initiatives like the e-filing portal, real-time updates, and streamlined processes have made it easier for millions of taxpayers to file their returns. Additionally, the efforts of the tax authorities in spreading awareness about filing deadlines and providing user-friendly systems have further boosted compliance
What is an ITR?
An ITR is a form that individuals, businesses, or other entities submit to the Income Tax Department of India to report their income and taxes paid for a financial year. Filing an ITR is mandatory for individuals and entities whose income exceeds the basic exemption limit prescribed by the government.
