« Top Headlines » Open DEMAT Account in 24 hrs  5 major changes in the last 6 months every taxpayer should know!  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025  15 income tax rule changes in 2024 that will impact your ITR filing in 2025 «  Cut ST on petrol and diesel, Karnataka urged... Taxman to tighten noose,studies returns closely... » Good response to e-filing of returns December, 02nd 2006 Electronic filing of income tax returns by corporates has evoked a good response. The income tax department has received 2,88,471 electronic returns up to the due date of November 30.    The returns were filed through Form-01, which is a combined income tax and fringe benefit tax (FBT) return. The government had last year received 3,27,000 returns from corporates.    The electronic filing of I-T returns was made compulsory for corporate taxpayers this fiscal. The last date for filing electronic returns for corporate taxpayers was October 31, which was later extended by a month.    Some other categories of taxpayers, i.e. individuals, firms, Hindu undivided family (HUF) and trusts, for whom e-filing was optional also filed their returns electronically. The total number of electronic returns filed was 2,90,656, an official release said.    Meanwhile, the finance ministrys new initiative, Tax Return Preparers Scheme, has evoked a good response from graduates. As on November 30, the last date to apply for the post of tax preparers, the department received around 91,000 applications for 5,000 posts.