

National - Current Affairs and GK
Q1: What is the average processing time for Income Tax Returns (ITRs) filed for the Assessment Year (AY) 2023-24?A 82 days
B 16 days
C 8 days
D 10 days
ANS:D - 10 days The average processing time of Income Tax Returns (ITRs) filed for the Assessment Year (AY) 2023-24 has been reduced to 10 days. This is a significant improvement from the previous average processing time of 82 days for AY 2019-20 and 16 days for AY 2022-23. |


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