Over 4.51 crore income tax returns for 2020-21 were filed till December 26, the I-T department said on Monday. This includes over 2.44 crore ITR-1 and over 1.12 crore ITR-4. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers.

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Sahaj can be filed by an individual having income of up to Rs 50 lakh and who receives income from salary, one house property / other sources (interest etc). ITR-4 can be filed by individuals, Hindu Undivided Families (HUFs) and firms with a total income of up to Rs 50 lakh and having income from business and profession.

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The extended deadline for filing ITRs by individual taxpayers is December 31, 2021. The original deadline was July 31, 2021.

"A total of 4,51,95,418 #ITRs have been filed up to 26.12.2021 including 8,77,721 #ITRs having been filed on the day itself," the I-T department tweeted.

For the 2019-20 fiscal year, 5.95 crore ITRs were filed till the extended deadline of January 10, 2021.

(Edited by : Jomy Jos Pullokaran)

First Published:Dec 27, 2021 4:49 PM IST