As seen by the fact that 4,07,501 taxpayers filed their forms online through December 31, 2023, there is a growing interest among individual taxpayers in doing so.
The amount of online forms filed this year is greater than last year, even though the deadline for filing income tax returns has already been extended by two months, until January 31, 2024.
2.72 lakh income tax returns were filed online during the previous fiscal year (FY23).
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 expressed optimism that within the next six months, corporation taxpayers would be able to submit their taxes online.
The new income tax laws requires that income tax returns with acknowledgement slips be submitted in order to receive about forty-three different types of services.
There are already 94 lakh e-TIN holders in the nation.
