Over 67 lakh income tax non-filers identified
The Income Tax Department has identified an additional 67.54 lakh potential non-filers who carried out high value transactions in 2014-15 but did not file return of income.
By : migrator
Update: 2016-12-22 15:42 GMT
New Delhi
The Non-Filers Monitoring System (NMS) was initiated by CBDT, the policy making body of I-T Department, for identification of non-filers with potential tax liabilities. Non-filers have been identified based on data analytics carried out by the Systems Directorate of Central Board of Direct Taxes (CBDT) about whom specific information is available in the Annual Information Return (AIR), Central Information Branch (CIB) and TDS/TCS databases.
CBDT has made available in the ‘Compliance Module’ on the e-filing portal of the Income Tax Department the information relating to the identified non-filers. The information will be visible only to the specific PAN holder when they log into the e-filing portal at www.incometaxindiaefiling.gov.in. The PAN holder will be able to respond electronically and retain a copy of the submitted response.
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