CBDT rejects report which claims spike in number of I-T stop filers after demonetization

Central Board of Direct Taxes (CBDT) has rejected media report which claimed that there had been a spike in the number of income tax stop filers in the year of demonetization. It has termed the report as false and baseless.  In a statement, the CBDT said, it added 1.07 crore, new taxpayers, while the number of dropped filers came down to 25.22 lakh in 2017-18, showing the positive impact of demonetisation.  Around 6.87 crore Income Tax Returns were filed during the financial year 2017-18 as comp...