Recovery of Arrears of Tax Demand of the Income Tax Department

Last updated: 28 April 2012

Recovery of IT The CAG conducted performance audit of Recovery of Arrears of Tax Demand of the Income Tax Department and the report Number 23 of 2011-12 was laid on the table of the Lok Sabha/Rajya Sabha on 16-12-2011. In the report, the CAG has identified weakening of certain control mechanism and non-adherence by the field formation to prescribed procedures in some cases and make observations/recommendations to further improve internal control mechanism and to monitor the recovery of
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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