CBDT: Over 29.8 lakh Major Tax Audit Reports(TARs) Filed On The e-Filing Portal

In an official statement issued on February 16, 2022, the Central Board of Direct Taxes (CBDT) stated that as of February 15, 2022, more than 29.8 lakh major Tax Audit Reports (TARs) have been filed on the Income Tax Department's new e-Filing portal. Over 4.14 lakh major tax audit reports/forms were filed on the last day.

In a tweet, the Income Tax Department has revealed that "More than 29.8 lakh Tax Audit Reports filed on ITD's e-Filing portal as on 15th February, 2022. On the last day, over 4.14 lakh Tax Audit Reports/Statutory Forms have been filed. ITD acknowledges the efforts of our taxpayers & professionals in fulfilling the compliances on time."

Over 2.65 lakh Form 3CA-3CD and over 24.5 lakh Form 3CB-3CD were filed in FY 21-22, out of 29.8 lakh major statutory filings, according to the Income Tax Department. Till 15.02.2022, more than 2.71 lakh other tax audit reports (Form 10B, 29B, 29C, 3CEB, 10CCB, 10 BB) have been submitted.

CBDT has also confirmed that "On 15.02.2022, 34,842 Form 3CA-3CD(out of total of 2,65,153), 3,36,842 Form 3CB-3CD (out of total of 24,48,950), 18,644 Form 10B (out of total of 1,50,950), 11,852 Form 29B (out of total of 74,923), 478 Form 29C (out of total of 2,820), 10,542 Form 3CEB (out of total of 33,345), 873 of Form 10CCB (out of total of 4,904) and 570 of Form 10BB (out of total of 3851) have been filed. On the last date i.e. the extended due date of 15.02.2022, 14% of these statutory forms and in the last 5 days from 11.02.2022 to 15.02.2022, 30% of these statutory forms were filed."

Additionally, out of the 6.26 crore ITRs filed for the fiscal year 2021-22, more than 5.41 crore have been verified. More than 4.50 crore ITRs have been processed, with 1.58 crore refunds granted for the fiscal year 2021-22, according to the tax department.

CBDT has also claimed that "The Department expresses gratitude to all tax professionals and taxpayers for the support in compliances and requests the attention of taxpayers who are yet to accept the Tax Audit Report submitted by their CA to complete the process of submission."