Over 6 crore ITR filings processed for AY 2034-24

As many as 6.98 crore tax returns have been filed for income earned in 2022-23 fiscal and out of them, more than 6 crore filings have been processed, the Central Board of Direct Taxes (CBDT) said.

The CBDT — the apex decision making body in matters of income and corporate taxes — said the department is not able to process certain Income Tax Returns (ITRs) for want of certain information/action on the part of taxpayers.

Of the total ITRs filed, about 14 lakh are yet to be verified by taxpayers while the department has sought further information from another 12 lakh taxpayers, for which requisite communication has been sent through their e-filing accounts.

Besides, certain ITR filers are yet to validate their bank accounts.

“As on September 5, 6.98 crore ITRs for Assessment Year 2023-24 have been filed, of which 6.84 crore have been verified. Of these, more than 6 crore ITRs, or 88 per cent of the total verified ITRs, have been processed,” the CBDT said in a statement.Refunds have been issued for more than 2.45 crore filers for AY 2023-24.