Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ACCOUNTING STANDARDS :: cpt :: TDS :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: empanelment :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: VAT RATES :: due date for vat payment
« News Headlines »
 India is moving towards a flawed GST
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest
 Big changes for small units under GST
 Parliament’s winter session to begin on November 16 to expedite GST rollout
 Income-tax (27th Amendment) Rules, 2016 - 92/2016

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%.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions