Ministry of Finance已認證帳戶

This is factually untrue, because the figures for F.Y. 2017-18 and F.Y. 2018-19 are not directly comparable. It is stated that during F.Y. 2017-18,out of a total of 6.74 crore ITRs which were e-filed, 5.47 crore ITRs were filed for Assessment Year(A.Y.) 2017-18 (the current year)

In comparison, during F.Y. 2018-19, a total of 6.68 crore ITRs were e-filed which included 6.49 crore ITRs of current A.Y. 2018-19 marking an increase of almost 19%. Substantially larger number of taxpayers filed their ITRs electronically in F.Y.2018-19 as compared to F.Y.2017-18

During F.Y. 2017-18, apart from the returns for the A.Y. 2017-18, nearly 1.21 crore ITRs were filed for A.Y. 2016-17. Balance number of ITRs filed for A.Y. 2015-16 and prior A.Ys is 0.06 crore. In comparison, during F.Y. 2018-19 only 0.14 crore ITRs for A.Y. 2017-18 were filed.

Apparent decrease in number of ITRs filed during F.Y. 2018-19 pertaining to earlier years was due to an amendment in Section 139(5) of Income-tax Act, 1961 w.e.f. 01.04.2018, which mandated that a revised return could be furnished only upto the end of the relevant Assessment Year

These figures are also available in the Tab-> 'Filing growth (A.Y.)' on the e-filing website.

As a result, only 0.14 crore ITRs pertaining to A.Y. 2017-18 were filed during F.Y. 2018-19 as these were the revised ITRs for the relevant A.Y. which could only be filed due to change in law & no other ITR of any earlier A.Y. could be filed in view of amended provisions of law.

It is also stated that the number of paper ITRs for A.Y. 2017-18 was only 9.2 lakh (1.5% of total ITRs filed) and the number of paper ITRs for A.Y. 2018-19 is 4.8 lakh (0.6% of total ITRs filed).

As per the above details, it is evident that most of the taxpayers have steadily switched to e-filing which is clear from the dwindling numbers of paper returns filed for A.Y. 2018-19 compared to earlier years.

Income Tax(IT)Deptt conducted searches on a Business Group dealing in lotteries. IT Investigation Directorate,Chennai conducted searches on a Coimbatore based Business Group handling lotteries run by certain State Govts under Agreements with them to function as a Marketing Agent.

The search commenced on 30.04.2019 across 70 premises located in Coimbatore, Chennai, Kolkata, Mumbai, Delhi, Hyderabad, Guwahati, Siliguri, Gangtok, Ranchi and Ludhiana. The group is particularly active in lotteries of West Bengal and North -

Eastern States where it has monopoly control. The group also has dealings in Real Estate and finance business in Coimbatore in a big way.

Group has been under the Department’s radar for quite some time due to continuous & huge fall in its Advance Tax payments in last 2:years. During the search, assessee admitted unaccounted income of ₹ 595 crore received from stockists towards manipulation of Prize Winning Tickets

In respect of its Real Estate & Finance Business in Coimbatore, the assessee has also admitted to offer further unaccounted income to tax after reconciliation of the over ₹600 crore of unaccounted receipts and payments made for various investments.

During the search, ₹8.25 crore of unaccounted cash was found, out of which ₹5.8 crore cash was seized. The remaining cash has been kept under prohibitory orders for further verification