IT Dept reports 25% increase in tax returns, personal advance tax collections soar by 41%

Aug 07,2017

IT department reports 25.3% growth in tax returns filed by individuals, 2.79 crore ITRs filed upto Aug 5 as against last year's 2.22 crore; The overall growth in the tax return filing number is around 24.7% compared to 9.9% growth registered last year; The advance tax collections of personal income tax upto Aug 5 show substantial increase by 41.79%; The Government's Press Release states that "As a result of demonetization and Operatio...

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