5.52 crore returns checked out of 5.87 crore for FY 2018-19

New Delhi : A total of 5.52 crore Income Tax Returns (ITRs) out of 5.87 crore have been checked by the Central Board of Directors (CBDT) for the Assessment Year (AY) 2018-19 (Financial Year 2017-18) under the individual category.

"5,87,21,477 returns were checked against consistency rules and 5,87,13,458 returns meeting the consistency rules were used for statistical analysis," stated the CBDT. "5,52,60,219 returns were in the individual category," it said.

11,30,554 ITRs were filed under the undivided Hindu Family (HUF) category. 12,69,736 were taken from the firms and 8,41,942 were filed by the other companies in India.

According to CBDT, 2,04,048 ITRs checked had been filed by AOP or Association of Persons and BOI or Body of Individual.

In continuation of its efforts to place more and more information in public domain, the CBDT has further released time-series data updated up to FY 2018-19 and income-distribution data for AY 2018-19 (FY 2017-18).

"The availability of the time-series data and the income-distribution data in the public domain will be useful for the academicians, research scholars, economists and the public at large in studying long-term trends of various indices of the effectiveness and efficiency of direct tax administration in India," says the CBDT statement.