Income Tax Return filings increase by 25% due to note ban
The government today said that demonetisation and Operation Clean Money resulted in a nearly 25% increase in filing of Income Tax Returns. The number of returns filed till August 5 stood at over 2.82 crore as against over 2.26 crore filed during the corresponding period of last fiscal. Advance tax collections of personal income tax showed a growth of 41.79%.