E-filing of i-t returns jumps 140%

DIRECT TAXES


02/08/2011

E-filing of I-T returns jumps 140%
The e-filing of income-tax returns has seen a major rise this year, with a 140 per cent jump in the number of filings till July 31, as compared to the same period in 2010-11. A senior Income Tax Department official told Business Standard that about 5.3 million returns had been filed electronically for the 2011-12 assessment year till July 31, as compared to 2.2 million filed during this period last year. The total number of income-tax returns filed in 2010-11, both electronically and manually, was around 29.6 million. Out of this, the number of returns filed electronically was around 9.1 million.The official said the current trend suggested the department’s efforts to expand and stabilise the e-return platform had started yielding good results and returns filed electronically appeared set to cross 10 million substantially in 2011-12. Outlining the major reasons for the rise in the number of returns filed electronically, the official said the website www.incometaxindiaefiling.gov.in had played a major role.

Source : https://www.business-standard.com/india/news/e-filingi-t-returns-jumps-140/444590/