Sunday, September 1, 2019

49L filings on Aug 31, I-T returns hit record 5.65cr

A record 5.65 crore income tax returns were filed up to Saturday, the extended deadline for the annual filing. Data showed that till the end of August, there was a 4% increase in filings for financial year 2018-19, compared with the 5.4 crore returns that were filed up to August 31, 2018. However, the surge in filing of returns seen in the aftermath of demonetisation seems to be petering out.

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