Online filing of income tax returns jumps 80 per cent in India

Online filing of income tax returns jumps 80 per cent in India
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Online filing of income tax returns jumps 80 per cent in India

BANGALORE: Online filing of tax returns in India jumped 80 per cent to 91.57 lakh in 2010-11 and is projected to zoom to to 7.5 crore in five years, according to an online service portal.

SNK ETax Solutions Chairman Sanjay N Kapadiaa said in 2010-11, the number of tax returns filed was 4.4 crore, compared to 3.40 crore in the previous fiscal.

Online tax filing in 2010-11 was 91.57 lakh, compared to 51.06 lakh in 2009-10.

“With the acceptance of digitisation across India, SNK ETax has estimated that tax filing will be doubled to 10 crore in the year 2015-16, out of which more than 7.5 crore will be filed online,” Kapadiaa told a news conference.

SNK ETax Solutions Ltd, a company offering solutions to companies and individuals on taxation, corporate laws and assurance services, today announced the launch of taxsum.com, a tax filing portal that caters to all categories of tax filing audiences.

The company said the portal is compatible to file taxes in categories rangin from ITR 1 to ITR 6, offering a multi-language, user-friendly experience and a complete solution for computing and filing tax returns online.

Online filing of income tax returns jumps 80 per cent in India

“Taxsum.com becomes India’s only tax returns filing portal offering browser-based digital signatures and enabling filing of ITR-1 through mobile phones,” Kapadiaa said.

Online filing of IT returns would be charged only Rs 189, he said.

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