Saturday, September 25, 2021
HomeNewsIncome Tax Dept to send notices to further 21.75 lakh "non-filers"

Income Tax Dept to send notices to further 21.75 lakh “non-filers”

tax-notice

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 disclose their true income and pay appropriate taxes.

 

Also Read:   Cheque books and passbooks for seven banks are invalid
Also Read:   Cheque books and passbooks for seven banks are invalid

The information relating to the 21.75 lakh new non filers has been made available on the ‘Compliance Module’ on the e-filing portal of the Income Tax Department.

The information will be shown only to the specific PAN holder when the PAN holder logs into e-filing portal at https://incometaxindiaefiling.gov.in.

The PAN holder will be able to submit the response electronically and keep a printout of the submitted response for record purposes

 

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Also Read:   Cheque books and passbooks for seven banks are invalid

Most Popular

Recent Comments