News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Direct Tax »
 CBDT makes younger officers eligible for appointment as members
 CBDT apprises CEC of I-T action against Lavasa family
 No ITR processing, refunds till you verify it. Here's how to do it Income tax
 No ITR processing, refunds till you verify it. Here's how to do it Income tax
 FinMin seeks suggestions for rationalising income tax, other duties Budget 2020
 Make full disclosures and preserve records of financial transactions Tax returns
 Notification NO. 85/2019 Central Board Of Direct Taxes
 Income Tax Department to launch instant PAN feature online
 Didn't receive income tax refund? You must validate your bank account. Here's a step-wise process
 You can claim this even when your income doesn't exceed Rs 5 lakh exemption limit
  How the proposed new Direct Tax Code could cut your income tax

Action against tax defaulters whose names made public by IT:Arun Jaitley
June, 23rd 2016

Finance Minister Arun Jaitley today said the I-T department would take penal actions only against those wilful defaulters whose names have been made public by the tax authorities.

"The names of the wilful tax defaulters have been published by I-T department. There are about 63 names, subject to verification. These include persons who are not traceable. Action will be taken against them," he told reporters.

The Minister further said that it would be wrong to club the names of wilful defaulters with those against whom the tax department has disputes.

The Income-Tax department regularly comes out with list of tax defaulters with a view to 'naming and shaming' them.

The list, which is posted on the website of the tax department, includes names of the defaulting individuals or entities, their last known addresses, PAN numbers, amount of arrears, last known source of income and the assessment years for which they have not paid their due taxes.

Referring to yesterday's reports that officials would go after tax defaulters using the provisions of arrest, detention and auctioning of attached assets, "totally wrong".

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions