Income Tax Department identifies over 67 lakh non-filers
The Income Tax Department (IT) has identified 67.54 lakh non-filers for financial year 2014-15, it said in a statement.
Meenakshi Goswami, Commissioner of Income Tax, said, "Data analytics carried out by the Systems Directorate of Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific information is available in the AIR, CIB and TDS/TCS databases."
It further said, "The Income Tax Department has conducted the fifth cycle of data matching which has identified an additional 67.54 lakh potential non-filers who have carried out high value transactions in the financial year 2014-15 but did not file return of income for the relevant assessment year i.e. A.Y 2015-16."
While the Government urges all tax payers to disclose their true income and pay taxes accordingly, the Department would continue to pursue the non-filers vigorously till all the high potential non-filers are covered, she said.
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