CBDT allows taxpayers to file Income Tax Returns (ITRs) for Assessment Year 2024-25 from April 1, 2024, onwards.
- Commonly used ITR forms such as ITR-1, ITR-2, and ITR-4 are available on the e-filing portal from April 1.
- Companies can file their ITRs using ITR-6.
- Around 23 thousand ITRs for Assessment Year 2024-25 have already been filed.
- The facility to file ITRs 3, 5, and 7 will be made available soon.
- This initiative marks the first time in recent years that taxpayers can file their returns on the first day of the new financial year.
Q: When can taxpayers file their Income Tax Returns (ITRs) for Assessment Year 2024-25 according to the Central Board of Direct Taxes (CBDT)?
a) From January 1, 2024
b) From April 1, 2024
c) From July 1, 2024
d) From October 1, 2024
Ans : b) From April 1, 2024
