CBDT will simplify e-filing norms

E-filing of Tax returns will end up being further simplified by the Central Board of Direct Taxes (CBDT) which said it can be encouraged by the increasing volume of taxpayers taking the web based route.

The e-filing of returns this financial year saw the jump of 40 per cent with 25, 647 crore online returns being filed till March 22 in contrast with over 1. 80 crore e-returns filed by taxpayers through the corresponding period this past year.

"We are seeking to further simplify the e-filing procedures. Let's see what most can we do. We are progressing extremely fast on this difficulty, " CBDT Chairman 3rd there R K tewari informed reporters here.

Tewari said that e-filing is catching up even amongst those people who are not stipulated to file their returns furthermore of e-filing.

The percent formula of such taxpayers was near 66 percent, he said.

A total of 52 per cent people, Tewari explained, chose to data file their e-returns following office hours which ensures that people are filing their tax returns at the leisure of these homes and other places through laptops or pcs.

Belting out several figures, the Chairman explained the Central Processing Centre (CPC) on the department in Bengaluru, that receives I-T returns, is processing 2. 80 lakh returns per month and till January 28 (financial yr 2013-14) six crore returns are processed.

The volume of days taken to totally process the e-returns, the officer said, in addition has come down via 70 to 61 days.

"A overall of Rs 7, 700 crore demand have been collected through the CPC, " this individual said.