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Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi, 1st September, 2018
PRESS RELEASE
Filing of Income Tax Returns registers an upsurge of 71% upto 31st August,2018
There has been a marked improvement in the number of Income Tax Returns(ITRs)
filed during FY 2018 (upto 31/08/2018, the extended due date of filing) compared to
the corresponding period in the preceding year. The total number of ITRs e-filed upto
31/08/2018 was 5.42 crore as against 3.17 crore upto 31/08/2017, marking an
increase of 70.86%. Almost 34.95 lakh returns were uploaded on 31/08/2018 itself,
being the last date of the extended due date of filing of ITRs.
A remarkable increase is seen in the number of ITRs in 2 categories ie ITRs filed by
salaried Individuals (ITR-1& 2) as also those availing the benefit of the Presumptive
Taxation Scheme(ITR-4).
The total number of e-returns of salaried Individual taxpayers filed till 31/08/2018 increased
to 3.37 crore from 2.19 crore returns filed during the corresponding period of
2017, registering an increase of 1.18 crore returns translating into a growth of almost
54%.
A stupendous growth has been witnessed in the number of returns e-filed by persons
availing the benefit of Presumptive Tax, with 1.17 crore returns having been filed upto
31st August, 2018 compared to 14.93 lakh returns upto 31st August, 2017
registering a massive increase of 681.69%.
The increase in the number of returns reveals a marked improvement in the level of
voluntary compliance of taxpayers which can be attributed to several factors, including
the impact of demonetisation, enhanced persuasion & education of taxpayers as
also the impending provision of late fee which would be effective on late filing of
returns. This is indicative of an India moving steadily towards a more tax compliant
society & reflects the impact of continuous leveraging of technology to improve taxpayer
service delivery.
(Surabhi Ahluwalia)
Commissioner of Income
Tax
CBDT.
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