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For the financial year 2019-20, more than 5.27 crore income tax returns were filed till 7 January.

new Delhi. More than 5.27 crore income tax returns were filed till January 7 for the financial year 2019-20 (assessment year 2020-21). The Income Tax Department gave this information on Friday.

If ITR is not filed then hurry up, 10 January is the last date
The government has extended the last date for filing income tax returns for individual taxpayers till January 10. The date for filing returns for companies is 15 February.

Also read- This bank has increased interest rates on savings account by 1 percent, you can also get the account open immediately, 7 percent will get interestThe Income Tax Department tweeted, “Over 5.27 crore income tax returns have been filed for the assessment year 2020-21 till January 7”.

File your #ITR for AY 2020-21 TODAY, to avoid the last-minute rush!

More than 5.27 crore Income Tax Returns for AY 2020-21 have already been filed till 07th of January, 2021.Hope you have filed yours too! Visit https://t.co/EGL31K6szN for details.#ITR #AajHiFileKaro pic.twitter.com/fcpS2msuPf– Income Tax India (@IncomeTaxIndia) January 8, 2021

The last date to file ITR for the financial year 2018-19 was 31 August
The last date for filing income tax returns for the financial year 2018-19 was August 31, 2019. At that time 5.63 crore returns were filed. Out of the income tax returns filed, 2.8 crore taxpayers have filed ITR-1. At the same time, till September 7, 2019, this figure was 3.1 crore.

As of January 7, 2021, 1.23 crore ITR-4s were filed, while on its comparative date, September 7, 2019, 1.29 crore ITR-4s were filed.

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Who can file ITR
ITR-1 Sahaj Form can be filled by any general resident, whose annual income does not exceed Rs 50 lakh, giving information about his personal income.