CBDT asks I-T to ensure better collection of revenue arrears

The CBDT boss has also sought collection of all due recoveries from all the regions that will boost the overall tax collection at the end of the current financial year on March 31 next year.

By: PTI | New Delhi | Published:December 21, 2016 4:20 pm
CBDT, Tax, Central Board of Direct Taxes, Tax collection, revenue, revenue department, revenue arrears, tax collection, business news CBDT Chairman Sushil Chandra (File Photo)

Concerned over 60 per cent shortfall in cash collection from arrear demands, the CBDT has asked the Income Tax department to pull up its socks and ensure it achieves the target in this regard as the current fiscal is running out fast. While the Central Board of Direct Taxes (CBDT), the policy-making body for the I-T department, has fixed a target of Rs 53.98 crore to be collected during the 2016-17 financial year as part of the revenue stuck in arrear demands, only Rs 19.68 crore has been collected till the end of November.

The figure makes it clear that only about 37 per cent of the target, under this head, has been achieved till now.

“The level of performance in this critical result area of the department’s work is completely non-acceptable. Three quarters of the financial year are already over and not even 50 per cent of the target has been achieved which itself was fixed at a fraction of the total arrears outstanding,” CBDT Chairman Sushil Chandra wrote in a recent communication to all his regional heads.

Chandra asked the top brass of the department on ground to “take all measures for stepping up cash collection out of arrears as well as current demand so that not only the target set in this regard is met but significant contribution is also made towards achievement of the overall budget target of the regions (across the country)”.

The CBDT boss has also sought collection of all due recoveries from all the regions that will boost the overall tax collection at the end of the current financial year on March 31 next year.

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  1. M
    Mohan
    Jul 9, 2017 at 12:10 pm
    NO DOUBT YOUR REVENUE WILL FALL SHORT AS YOU DO NOT BOTHER TO FOLLOW UP ON THE COMPLAINTS WRITTEN TO YOU BY PUBLIC.YOU CONSIDER THEM AS ANNONOMOUS AND TRASH.I AM A RETIRED GOVT SERVANT WHO SETTLED IN CHENNAI AFTER 28 YEARS OF SERVICE AND TAX DEDUCTED.BUT WHEN I SETTLE HERE I FIND PEOPLE WHO WERE LITERALLY LOOKING UPON US A GOD SENT AS WE WERE GOVT EMPLOYED NOW MULTI MILLIONAIRES AND LOOK DOWN ON US AS WORMS.PLEASE INVESTIGATE MR.PAULDURAI 27KUMARAN COLONY 9TH STREET WHO WAS A PETTY SHOP NOW A BILLIONAIRE,NEVER PAID ANY TAX IN HIS LIFE.S.RAMACHANDRA RAO CHARTERED ACCOUNTANT LIVING IN VANAGARAM WHO MADE MILLIONS DURING NOV 8TH DEMONITATION HAS ASSETS MORE THAN 1000 CRORES.THERE IS A MUSLIM GENTLEMAN WHO IS A ASSISTENT TO TN MINISTER WHO IS FLOTING IN BILLIONS JUST FINISHED BUILDING A NEW HOUSE IN KUMARAN COLONY 4TH STREET ALL UNACCOUNTED MONEY LOOTED FROM PUBLIC.THERE ARE A LIST OF MANY MORE IF YOU START WORKING THEN YOU CAN END UP WITH A SURPLUS IN MARCH31ST 2018.
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