Thursday 18 February 2016

Taxman gets more teeth to track non filers of Income Tax


Aimed at further arming the taxman to go after those who do not file their income tax returns (ITRs), a new database of multiple addresses of such erring assessees has been set up by the department.


For more info visit company formation in Gurgaon

A new technology enhancement by the systems wing of the department has been added to the ‘Non Filers Management System’ electronic database, the address used by a person or his associate in the ITR or Annual Information Return filed by him.



Source: Hindustan Times, New Delhi, 15th Feb. 2016