71% Surge In ITRs Filed Till August; Presumptive Tax Filers Jump 8-Fold

Arun Jaitley tweeted that ITRs filed till August 31 has shown “remarkable growth” of 71 per cent New Delhi:  The number of income tax return (ITR) filings surged 71 per cent to 5.42 crore till August 31- the last date for submission for financial year 2017-18. This was led by a massive eight-fold jump in…

Income Tax, tax

71% surge in ITRs filed till Aug; presumptive tax filers jump 8-fold

The number of income tax return (ITR) filings surged 71 per cent to 54.2 million till August 31 the last date for submission for financial year 2017-18. This was led by a massive eight-fold jump in returns filed by entities under the presumptive tax scheme and 54 per cent increase in…

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