India's Income Tax Department, led by CBDT Chairman Nitin Gupta, is set to issue notices to approximately 15 million individuals who have had tax deducted at source but have not filed their returns. This targeted approach, using extensive data to identify discrepancies, aims to improve taxpayer compliance. Proactive measures have already led to the collection of ₹4,600 crore from updated returns, and the department is also enhancing taxpayer services by expediting refunds and resolving tax disputes.
The Income Tax Department in India, under the leadership of Nitin Gupta, Chairman of the Central Board of Direct Taxes (CBDT), is gearing up to issue notices to individuals who have failed to file tax returns despite having taxes deducted at the source from their incomes. This initiative aims to address inconsistencies and enhance taxpayer compliance.
Targeting Non-Filers
Gupta revealed that around 15 million taxpayers fall into this category, and the department plans to selectively send n
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FAQ :
The Income Tax Department is targeting individuals who have had taxes deducted at source but have failed to file their income tax returns.
It is estimated that around 15 million taxpayers fall into the category of non-filers despite having taxes deducted at source.
The department plans to selectively send notices, focusing on cases where concrete information is available, and will initially send out only a few thousand notices.
Previous outreach efforts have been effective, resulting in ₹4,600 crore being collected from 5.1 million updated returns.
The CBDT is expediting refund processes, facilitating the updating of returns, resolving significant tax disputes, and has established a demand management center.
High-income taxpayers are required to provide details such as their Legal Entity Identifier (LEI), contributions to political parties, and information on deductions claimed for dependent care, including for disabilities.