The Income Tax department has enabled online filing of income tax returns (ITRs) 1 and 4, filed by individuals, professionals and small businesses, for 2022-23 fiscal.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

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

"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.