4 Lakh Tax Audit Reports filed on Last Day 15 Feb; Total of 29.8 Lakh TAR filed for AY 2021-22

4 Lakh Tax Audit Reports filed on Last Day 15 Feb; Total of 29.8 Lakh TAR filed for AY 2021-22

Reetu | Feb 16, 2022 |

4 Lakh Tax Audit Reports filed on Last Day 15 Feb; Total of 29.8 Lakh TAR filed for AY 2021-22

4 Lakh Tax Audit Reports filed on Last Day 15 Feb; Total of 29.8 Lakh TAR filed for AY 2021-22

As of February 15, 2022, more than 29.8 lakh major Tax Audit Reports (TARs) had been filed on the Income Tax Department’s E-­Filing platform. Over 4.14 lakh substantial tax audit reports/forms were filed on the last day.

In FY 21-22, around 2.65 lakh Form 3CA-3CD and around 24.5 lakh Form 3CB-3CD were filed out of a total of 29.8 lakh major statutory forms. Until February 15, 2022, more than 2.71 lakh other tax audit reports (Forms 108, 298, 29C, 3CEB, 10CCB, 10 BB) had been filed.

On February 15, 2012, 34,842 Form 3CA-3CD (out of a total of 2,65,153), 3,36,842 Form 3CB-3CD (out of a total of 24,48,950), 18,644 Form 108 (out of a total of 1,50,950), 11,852 Form 298 (out of a total of 74,923), 478 Form 29C (out of a total of 2,820), 10,542 Form 3CEB (out of 14 percent of these statutory forms were filed on the last date, which was the extended due date of 15.02.2022, and 30 percent of these statutory forms were filed in the last 5 days, from 11.02.2022 to 15.02.2022.

Furthermore, out of the 6.26 crore ITRs filed for the fiscal year 2021-22, more than 5.41 crore have been confirmed. More than 4.50 crore ITRs have been processed, with 1.58 crore reimbursements granted for the fiscal year 2021-22.

The Department thanks all tax professionals and taxpayers for their assistance in ensuring compliance, and reminds taxpayers who have yet to receive their CA’s Tax Audit Report to finish the filing process.

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