I-T department initiated quick processing for ITR-1 & 4

a) The Income Tax Department has introduced the ‘Jhatpat Processing’ with the tagline of File Karo Jhat Se, Processing Hogi Pat Se which means file your income tax return and get it processed quickly.

b) The Jhatpat Processing has already started for ITR-1 and 4 and you can file your Income Tax Return for Assessment Year 2020-21 by visiting http://incometaxindiaefiling.gov.in. In the wake of the COVID-19 pandemic, the government has extended the due date of filing all income-tax returns for Financial Year 2019-20 to December 31, 2020.

c) Taxpayers will be filing the Income Tax Return (ITR) for the Financial Year 2019 -20. As per the Income Tax Department, over 3.69 crore Income Tax Returns for Assessment Year 2020-21 have been filed till December 20, 2020.

d) The due date for filing ITR for the taxpayers not requiring audit is 31 December 2020 and the date for the taxpayers requiring audit is 31 January 2021.

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