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The low number of ITRs filed by assessees has been one of the major concerns of the revenue authorities, which is gradually being addressed
A record 81.8 million income tax returns (ITRs) were filed till December 31 for the assessment year 2023-24, up 9 per cent over the 75.1 million filings made in the corresponding period of 2022-23. According to the income tax website, 79.9 million returns were verified and 77.7 million processed…