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Sep 03, 2015
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Over 29 lakh tax returns verified by OTP-based ITR filing
Even as the government today extended the due date for filing Income Tax Returns (ITRs), the tax department's ambitious OTP-based ITR filing system has posted impressive numbers as it has till now verified over 29 lakh returns and linked similar number of Aadhaar numbers with the PAN database. The new e-filing system, enabled last month, allows online verification of a person's Income Tax Returns by using either Aadhaar number, internet banking, ATM or email, thereby ending the practice of sending paper acknowledgement to its office in Bengaluru. An official data shows that by August 31, which was the earlier deadline for filing ITRs, the official portal of the department has electronically verified 29,19,726 ITRs while Aadhaar linkages with the Permanent Account Number (PAN) has been achieved in 29,68,953 cases.
Source -
http://www.business-standard.com
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