Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Direct Tax »
Open DEMAT Account in 24 hrs
 CBDT drops small tax demands but not TCS, TDS claims
 ITR Refund: Awaiting money from Income Tax? Here's why you have not yet received your amount
 Income Tax Notice: What to do if you receive a Section 143 (1) notice from taxman?
 Average tax return processing time cut to 10 days: CBDT
 7 types of Income Tax Notice ITR filers may receive for AY 2023-24
 ITR filing: Do these advance preparations before filing your income tax return
 What are the strategies to maximize tax refunds after submitting an income tax return (ITR)?
 ITR filing: Tax rules on income from house property that your should know
 CBDT likely to issue rules on angel tax next week
 Pension Taxation: Everything you need to know for ITR filing
 Income tax guide on pension: How to file pension income in ITR?

Tax returns: e-filing to be made easier
March, 25th 2014

E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route.

The e-filing of returns this financial year saw a jump of 40 per cent till March 22 as compared with over 1.80 crore e-returns filed by taxpayers during the corresponding period last year.

"We are trying to further simplify the e-filing procedures. Let us see what all can we do. We are progressing very fast on this issue," CBDT Chairman R K tewari told reporters here.

Tewari said that e-filing is catching up even amongst those people who are not stipulated to file their returns by the way of e-filing.

A total of 52 per cent people, Tewari said, chose to file their e-returns after office hours which shows that people are filing their tax returns at the leisure of their homes and other places through laptops or personal computers.

Belting out some figures, the Chairman said the Central Processing Centre (CPC) of the department in Bengaluru, which receives I-T returns, is processing 2.80 lakh returns per month and till February 28 (financial year 2013-14) six crore returns have been processed.

The number of days taken to completely process the e-returns, the officer said, has also come down from 70 to 61 days.

"A total of Rs. 7,700 crore demand has been collected through the CPC," he said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting