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According to a study conducted by TaxSpanner, here are some interesting trends amongst Indian taxpayers:
ITR Filing Patterns of Salaried Individuals In India:
- Late filing doesn’t reflect complexity in the financials of the late filers. Around 96% of late filers had no other income except salary.
- Bangalore leads in terms of late fliers at 39% followed by NCR at 24%. On the other hand people from Hyderabad and Chennai contribute about 9% each to the late filers.
- Among those who file their returns late, about 56% are below 30 years of age.