Hopeful Of Achieving Direct Tax Collection Target Of FY14:CBDT
By PTI
Tewari further said that the overall advance tax collection as on March 22 grew by 8.7 per cent to Rs.2,90,323 crore. Advance tax collection in the corresponding period last year had stood at Rs.2,66,192 crore, he said.
Corporate advance tax collection as on March 22 grew by 10.8 per cent in 2013-14 to Rs.2,44,396 crore. Personal advance tax grew by 11.2 per cent to Rs.45,927 crore.
The CBDT top boss further said that 2.56 crore online Income Tax returns were filed (till March 22) in the current fiscal year, which is 40 per cent higher than same period in the last fiscal.
"Our electronic I-T filing is well received by the public. Even persons who are not mandatory required to file online ITR, are filing their returns online," Tewari said.
Talking about refunds, the CBDT Chairman said, that the numbers under this head also grew by 13.61 per cent to Rs.84,999 crore against Rs.80,729 crore in the last fiscal.
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