The increase in E-filing and E-verification users this Tax Season!
(Last Updated On: August 28, 2019)
According to the data shared by Finance Ministry, the online returns this season has increased with the growth rate of more than 9.8% as 226.98 Lakh ITRs are filed until 5th August 2016 as compared to last year’s 206.55 Lakh ITRs.
There has been a significant increase in E-verification of ITR this season too as more than 75.3 Lakh taxpayers opted for this option as compared to last year’s 32.95 lakh users.
The Income Tax Department is also being praised by the taxpayers, this time, around for quick processing of ITRs as CPC Bengaluru has already issued over 54.35 Lakh refunds totalling to amount 14,332 crores.