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 Tax and transparencya

4 cities find filing I-T returns taxing
August, 16th 2007
This could add to the worries of taxmen drawing up strategies to fight evasion. The number of income-tax returns filed this year has increased marginally to 1.25 crore from 1.23 crore last year a rise of just 1.6%. Filing of returns had increased by a steep 37% last year with the number of returns going up to 1.23 crore during April-July 31, 2006, from 0.77 crore in the corresponding period in 2005.

Though the figures are provisional andare likely to undergo changes, there wontbe substantial changes.In fact, cities like Ahmedabad, Kanpur and Pune have shown a decline in filing of returns. However, the income-tax department can draw respite from the fact that e-filing still voluntary for individuals has shown a whopping increase, going up to 1.46 lakh this year from just 3,300 last year.

Chandigarh, which has the largest territory with returns from Punjab, Haryana, Jammu & Kashmir and Himachal Pradesh being processed there, had the highest number of returns at 14.71 lakh a marginal rise from 14.57 lakh last year.

Mumbai followed the trend and showed marginal growth: the number of returns filed was higher at 8.74 lakh compared to 8.54 lakh.

Compliance seemed to have improved in Chennai, capital of finance minister P Chidambarams home state Tamil Nadu, where the number of returns filed went up to 9.61 lakh from 8.44 lakh. Delhi also saw a marginal increase: the number of returns filed increased to 9.01 lakh from 8.96 lakh last year.

IT capital of the country, Bangalore, saw a decline in the number of returns at 8.23 lakh from 8.49 lakh last year. Ahmedabad also experienced a fall, with the number of returns filed coming down to 8.66 lakh from 11 lakh last year. The number of returns filed in Kanpur also came down to 5.95 lakh against 6.54 lakh. The number of returns filed in Pune decreased to 11.64 lakh from 11.98 lakh. However, Bhopal beat the general trend with the number of returns going up to 5.47 lakh compared to 3.03 lakh last year a jump of 80%.
 
 
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