Filing of income-tax returns slowed in demonetisation year, show CBDT data

If we look at the data for individual taxpayers, who form more than 95% of all taxpayers

The number of income tax (I-T) returns filed grew 13 per cent for assessment year 2016-17, while it grew by less than 1 per cent in the assessment year (AY) 2017-18, the direct taxes data released by the Central Board of Direct Taxes (CBDT) shows. 

Returns for incomes earned in FY 2015-16 were filed in AY 2016-17. In other words, the assessment for incomes in a particular year is done in the year after. Similarly, returns for incomes earned in 2016-17, the demonetisation year, were filed in AY 2017-18. 

Simply put, the CBDT data shows that there was a jump