Monday, March 2, 2020

6.35 crore Income Tax Returns e-filed till mid-February in FY20

The ITRs of AY 2019-20 can be submitted up to March 31, 2020, and hence this number is expected to go up further. The income tax department has also identified 15.58 lakh non-filers of ITRs with potential tax liability for Assessment Year 2018-19, 38.81 lakh for 2017-18 and 32 lakh for 2016-17 through the non-Filers Monitoring System (NMS).

from Personal Finance News-Wealth-Economic Times https://ift.tt/2uONflq

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