More than 20 million returns have been filed for the assessment year 2021-22 on the new income tax portal, showing signs of stability after long-drawn complaints of technical glitches. The Central Board of Direct Taxes (CBDT) said in a statement that out of the total 20 million, more than 17 million returns had been e-verified. Encouraged by the response, CBDT has asked taxpayers to file their returns at the earliest.
However, a government official said that only “peak load”, close to the tax filing deadline, would be able to determine whether the system is running smoothly or not. The government had