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It has been the constant endeavor of the Income Tax Department to improve Taxpayers Services by making compliance easy and smooth. Our taxpayers' portal received a maximum of 72 lakh returns in a day; processed more than 6.5 crore returns this year; average processing period reduced from 93 days in financial year 13-14 to 16 days now; and 45 per cent of the returns were processed within 24 hours. We intend to further improve this, roll out a next-generation Common IT Return Form for taxpayer convenience, and also plan to strengthen the grievance redressal mechanism.
A seller marked his article 65% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole trans...
The selling price of an article by two different vendors is Rs.660 and profit earned is 25%. One vendor counts his profit on cost price while other one ...
Deepak sells all his goods available in his shop at the cost price, but he cheats on his customers and gives 25% fewer goods than he should give. Find h...
A reduction of 20% in the price of rice enables a customer to purchase 125 kg more for Rs.8,000. What is the original price of rice
Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty balance shows 1000 gm when it is actually 80...
Article A is sold at a loss of 33.33% of its selling price, and Article B is sold at a profit of 40% of its cost price. Both articles are sold for the s...
A dishonest shopkeeper takes 20% more than the indicated weight when he purchases the items from the dealer. He gives 20% less than the indicated weight...
A shopkeeper bought 200 articles at ₹40 each. He sold 120 articles at ₹50 each and the rest at ₹60 each. What is the profit percentage earned by t...
'A' sold an article whose cost price is Rs. 'V', at a profit of 10% to 'B'. 'B' marked the price of the article 10% above the price at which he bought i...
One article is sold at 10% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 180. If the cost price of ...