Business Desk :
The interest among the individual taxpayers for submitting returns through online has increased as a total of 4,07,501 taxpayers submitted their returns through online till December 31, 2023.
The number of submitted returns through online is higher this year compared to the previous year while the deadline for submission of income tax returns has already been extended by two months till January 31, 2024, reports, BSS.
Earlier, in the last fiscal year (FY23), the number of income tax returns through online totaled 2.72 lakh.
Officials at the National Board of Revenue (NBR) said that the number of returns through online is likely to cross six lakh in this fiscal year.
Talking to BSS, NBR member AKM Badiul Alam said, “In the new income tax act, the process for submitting returns through online has been simplified.
Besides, the taxpayers are also getting acknowledgement slips and tax certificates instantly upon submission of their returns through online. Due to this reason, the interest for submitting returns through online among the taxpayers has been increased.”
Badiul said that the NBR has strengthened the digital platform to simplify the submission of tax returns through online. “If the other government agencies could build up such strong digital platform, then the submission of income tax returns through online will increase manifold,” he added.
He was also hopeful that it would be possible to introduce submission of returns through online by the company taxpayers within six months.
According to the new income tax act, it has been made mandatory to submit acknowledgement slip of income tax returns for availing some 43 types of services.
Currently, the number of e-TIN holders in the country is 94 lakh.
