Income Tax Dept to send notices to further 21.75 lakh “non-filers”
The Income Tax Department has now performed the 2nd round of data matching and identified additional 21.75 lakh potential non-filers
The department had initiated a business intelligence project in February 2013 to identify PAN holders who have not filed I-T Return and about whom specific information is available in Annual Information Return (AIR), Central Information Branch (CIB) data and TDS/TCS Returns.
The department has already sent letters to the 50,000 potential non-filers in the first batch.. The results of this initiative are very encouraging and 5,36,220 returns have been received from the target segment. Self assessment tax of Rs 1,017.87 crore, and advance tax of Rs 898.22 crore has also been paid by the target segment
IT dept has urged all tax payers to d...