Tax filing data show salaried class shrank in fiscal 2020

However, the number of people filing returns has seen a drop in higher income categories. “Considering the impact of covid on cash flows, there could be delayed filings as well, just to manage the cash flow and pay taxes at a later point. A clear picture would arise only when the complete data till the year-end is available,” said Divakar Vijayasarathy, founder and managing partner of DVS Advisors LLP, a tax consultant.