The E-filing of the income tax has become very common

"Landep News"

The E-filing of the income tax has become very common and popular among the filers. There has been an increase in the past few years and even the income tax department has predicted that the paper filing of the tax would soon vanish.

With the highly efficient and automated central processing facility in Bangalore, much of the work of the income tax department has been reduced. This is also supposed to help the department to keep a track on the black money and conduct investigations for those who involve in tax frauds.

The commissioner of income tax in charge of the Centralized Processing Centre (CPC), Sanjai Kumar Verma has said that out of the 3 crore returmns that were filed in the year 2010-11, 91 lakh were e-filed. Verma has expected that by this year the number would increase by 1.5 to 2 crores.

The commissioner also said that this year they expect more than 50% of the returns to be e-filed.

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