TMI BlogSTATISTICS ON INCOME TAX RETURNS FILED IN THE CURRENT YEARX X X X Extracts X X X X X X X X Extracts X X X X ..... STATISTICS ON INCOME TAX RETURNS FILED IN THE CURRENT YEAR - By: - Mr. M. GOVINDARAJAN - Income Tax - Dated:- 13-8-2020 - - Introduction Our country has the population of more than 100 crores. But how many of them pay income tax and file returns? This is a million dollar question. In this article the statistics relating to the filing of various returns under the Income Tax Act, 1961 in the current year from April 2019 to June 2020 is analyzed. Some returns are required to be filed electronically and some may be filed through offline procedure. Returns The returns taken for the purpose of the analysis are as follows- ITR - 1 Sahaj - For individuals being a resident (other than not ordinarily resident) h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aving total income upto ₹ 50 lakh, having Income from Salaries, one house property, other sources (Interest etc), and agricultural income upto ₹ 5000; ITR - 2 - For Individuals and HUFs not having income from profits and gains of business or profession; ITR 3 - For individuals and HUFs having income from profits and gains of business or profession; ITR -4 Sugam - For Individuals, HUFs and Firms (other than LLP ) being a resident having total income up to ₹ 50 lakh and having income from business and profession which is computed under sections 44AD , 44ADA or 44AE ; ITR 5 - For persons other than- (i) individual, (ii) HUF , (iii) company and (iv) person filing Form ITR-7 ; I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TR -6 - For Companies other than companies claiming exemption under section 11 ; ITR 7 - For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only. E-returns The number of persons registered with the web site for e-filing as on 31.07.2020 is 94059666. 51.91% of returns were filed using utility provided by the Department. 47.49% of returns were filed out of office hours. The following table shows the e-returns filed during the current year from 01.04.2020 to 31.07.2020 form wise with the comparison of previous two financial years- Table 1 ITR WISE E-RETURNS Sl. No. ITR FORM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2018 - 19 2019 20 2020 21* 1 ITR - 1 31700240 32867166 4086566 2 ITR 2 (Till AY 2016 17) 43752 30608 715 3 ITR 2 (From AY 2017 18) 4777808 4984384 324902 4 ITR 2A (For AY 2015 16 2016-17) 5460 920 56 5 ITR 3 (Till AY 2016 17) 9584 6566 328 6 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ITR 3 (From AY 2017 18) 12511740 11651917 490769 7 ITR 4 S (Till 2016 17) 77283 17995 505 8 ITR 4 (Till AY 2016 17) 121011 44058 1470 9 ITR 4 (From AY 2017 18) 14773246 15475401 1216799 10 ITR 5 1557596 1519729 63508 11 ITR 6 962753 930804 3602 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 12 ITR - 7 268836 261112 24225 TOTAL 66808129 677090660 7245859 From 01.04.2020 to 31.07.2020 The number of returns filed seems to be less since the last date for filing the returns is extended to 30.11.2020. Filing growth Financial year The filing growth in respect of year 2020-21 is compared with the previous year 2019 20 in the given table below. The period is from 01.04.2019 to 31.07.2019 and for the year 2020-21 the period is from 01.04.2020 to 31.07.2020. Table 2 Filing growth Financial year Sl. No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Returns Filed in 2019 20* Filed in 2020 21** Growth (%) 1 ITR - 1 16837557 4086556 -75.73 2 ITR -2 or ITR 2A 2016881 325673 -83.85 3 ITR -3 (Till AY 2016-17) ITR 3 (From AY 2017-18) ITR 4 (Till AY 2017-18) 2787197 492567 -82.29 4 ITR 4S (Till AY 2016 17) ITR 4 (From AY 2017 18) 4797899 2217304 -53.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8 5 ITR 5 185177 63508 -65.70 6 ITR 6 27850 36026 29.36 7 ITR - 7 18182 242253 33.24 TOTAL 26663743 7245859 -72.83 *from 01.04.2019 to 31.07.2019; **from 01.04.2020 to 31.07.2020. More ITR 6 and ITR-7 returns sere filed in the current year when compared in the previous year of the same period. Filing growth Assessment year The filing growth in respect of assessment year 202 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0-21 is compared with the previous assessment year 2019 20 in the given table below. The period is from 01.04.2019 to 31.07.2019 and for the year 2020-21 the period is from 01.04.2020 to 31.07.2020. Table - 3 Filing growth Assessment year Return AY 2019 20* AY 2020 21 ** Increase (%) ITR 1 On line 6466733 1100031 -82.99 ITR 1 - Offline 10343161 2499792 -75.83 Sub total 16809894 3599823 -78.59 ITR -2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1975506 212649 -89.24 ITR - 3 2674987 860 -99.97 ITR 4 Offline 3086062 692848 -77.54 ITR -4 Online 1661214 589149 -64.54 Sub Total 4746276 1281997 - 72.99 ITR 5 166963 0 -100 ITR 6 2730 0 0 ITR 7 114 51 0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -100 Total 26387807 5095329 -80.69 *from 01.04.2019 to 31.07.2019; **from 01.04.2020 to 31.07.2020. Category wise income returned In the following table the income returned category wise in the current year from 01.04.2020 to 31.07.2020 is furnished- Table 4 Category wise income returned Sl. No. Category Range 1 Range 2 Range 3 Range 4 Range 5 Range 6 1 Association of persons 16427 309 173 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 141 51 90 2 Body of individuals 469 17 10 5 1 3 3 Company 25145 1357 1414 1773 1243 3712 4 Firm 44351 2899 1895 1441 707 821 5 Government 40 1 1 1 0 1 6 Hindu undivi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ded family 50839 5392 1662 469 84 66 7 Artificial Juridical person 678 8 9 5 3 7 8 Local Authority 338 8 4 2 2 7 9 Individual 5590824 1008791 231019 71549 8888 5066 10 Trust 20135 276 134 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 84 30 62 Total 5749246 1019058 236321 75470 11019 9835 Note: Range 1 Upto ₹ 5,00,000/- Range 2 From ₹ 5,00,001/- to ₹ 10,00,000/- Range 3 From ₹ 10,00,001/- to ₹ 20,00,000/- Range 4 From ₹ 20,00,001/- to ₹ 50,00,000/- Range 5 From ₹ 50,00,001/- to ₹ 1,00,00,000/- Range 6 Above ₹ 1,00,00,000/- State-wise filing In the following table the income returned each state wise can be seen in the current year from 01.04.2020 to 31.07.2020- Table 5 State/Un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion Territory wise returns filed Sl. No. Name of State/Union territory No. of returns filed from 01.04.2020 to 30.06.2020 1 Andaman and Nicobar Islands 4846 2 Andhra Pradesh 253043 3 Arunachal Pradesh 3844 4 Assam 110054 5 Bihar 263613 6 Chandigarh 27547 7 Chhattisgarh 121956 8 Dadra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Nagar Haveli 3981 9 Daman Diu 2342 10 Delhi 242382 11 Goa 22167 12 Gujarat 755806 13 Haryana 320300 14 Himachal Pradesh 96835 15 Jammu Kashmir 107684 16 Jharkhand 138602 17 Karnataka 398615 18 Kerala ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 157008 19 Ladakh 923 20 Lakshadweep 358 21 Madhya Pradesh 286724 22 Maharashtra 828109 23 Manipur 9742 24 Meghalaya 6191 25 Mizoram 1150 26 Nagaland 4181 27 Orissa 122776 28 Pondicherry 11191 29 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Punjab 459993 30 Rajasthan 601479 31 Sikkim 3272 32 From States Outside India 9091 33 Tamil Nadu 391876 34 Telangana 256703 35 Tripura 14465 36 Uttar Pradesh 682474 37 Uttarakhand 109649 38 West Bengal 414887 Total ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7245859 Gujarat took the lead in filing highest number of income tax returns followed by Maharashtra, Rajasthan, Punjab, West Bengal (in count more than 4 lakhs). Reference: https://www.incometaxindiaefiling.gov.in/moreStatistics - Reply By Rachit Agarwal as = Sir, Since ITR 5 , 6 , 7 has not been Notified for AY 2020-21, how it is possible that returns have been filed. In my opinion these returns may of of period earlier to AY 2020-21 filed in the current FY Dated: 15-8-2020 Reply By DR.MARIAPPAN GOVINDARAJAN as = Yes. Previous year written filed in the current FY. Dated: 15-8-2020 Reply By DR.MARIAPPAN GOVINDARAJAN as = Sorry. Read 'return' instead of 'written'. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated: 15-8-2020 Reply By Gnanamuthu samidurai as = Dear sir A very good analysis. But the State wise tax payment would be more crucial than comparing the mere filing of returns.Such analysis is also to be made.. Dated: 17-8-2020 - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... 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