NEW DELHI, Sept 16:
With increased Government focus on tax compliance, ClearTax Sunday said it expects at least 40 lakh filings through its online returns filing portal during the current fiscal ending March 2019.
As many as 30 lakh income tax returns have been filed through the ClearTax portal till August 31 — the last date for filing ITRs for financial year 2017-18 by salaried individuals and entities under the presumptive tax scheme, ClearTax Founder Archit Gupta said.
This represented a growth of around 95 per cent over the 16 lakh returns filed through the portal last year.
“With the government focus on compliance, we hope that we will end this year with 40 lakh I-T returns filed by salaried class, entities under presumptive income scheme and also businesses who have to submit tax audit report, through ClearTax portal,” Gupta said.
As per income tax department data, I-T returns filing surged 71 per cent to 5.42 crore till August 31. (PTI)
Follow our WhatsApp channel