Online filing of Income Tax Returns rises 26.1% to 2.06 crore in 2015-16

32.95 Lakh E-Returns Verified Through Electronic Verification Code

The taxpayers have come forward in greater numbers for e-filing of returns in the current year. In the Financial Year (F.Y.) 2015-16, the Department has received 2.06 crore returns on the e-filing portal as on 07 September 2015 which is an increase of 26.12% over the corresponding period of the preceding the F.Y. 2014-15, when 1.63 crore returns were e-filed. The peak filing rate in the F.Y. 2015-16 touched 3,475 returns per minute as compared to 2,901 returns per minute in the F.Y. 2014-15.

To facilitate the taxpayers by providing end-to-end e-enabled services and reduce compliance burden, the Department offered the facility of electronic verification of Income Tax Return for the A.Y. 2015-16 through an electronic verification code (EVC). In the short period since its introduction, 32.95 lakh e-returns have been verified through EVC. Use of EVC has dramatically reduced the time taken for processing of e-filed returns for the A.Y. 2015-16.

As on 07 September 2015 Central Processing Centre Processed 45.18 Lakh Returns Relating to the A.Y. 2015-16 and issued refunds to 22.14 lakh tax payers who had claimed refunds for the A.Y.2015-16.

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