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.

Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.