E-filing of I-T returns crosses one-crore

The e-filing of income taxreturns has crossed the one crore mark with the maximum of such filings done by the salaried class of taxpayers.

In a latest data released by the Central Processing Centre (CPC) of the I-T department based in Bangalore, a total of 1,03,21,775 e-returns were filed by taxpayers till July 31, which is quite less than the over 2 crore e-filing numbers filed during the financial year 2012-13.

The Central Board of Direct Taxes (CBDT), the administrative authority of the Income Tax department, has recently enhanced the last date for filing of I-T returns, both manual and e-filed, to August 5 for the 2013-14 fiscal.

A total of 57,81,252 people under the salaried class filed their e-returns till July 31 through the Internet which is also less than the over 64 lakh figure filed by salaried taxpayers during the same period last year.

"The Income Tax department and the CBDT are aiming to encourage more and more taxpayers to file online returns. These figures are expected to rise drastically by August 5," a senior I-T officer said.

The department's web based servers, according to the official data, received a peak rate of 2,303 returns per minute during the current filing spree even as the tax return filing season ends tomorrow.

A special team of the department is continuously monitoring the web portals and information technology parameters of the official e-filing website of the I-T department-- https://incometaxindiaefiling.gov.in.

Electronic filing has been made mandatory for assessees having net taxable above Rs five lakh from this year.

This Article is written by CMA Samir Biswal. He can be reached at cmasamirbiswal@gmail.com

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