With tepid collections proving to be a challenge in meeting tax revenue goals,
With tepid collections proving to be a challenge in meeting tax revenue goals, CBDT Chairman P C Mody has set monthly targets for field formations for disposing of appeals and asked them to compute taxes for all assesses by August-end.
In a letter to Principal Chief Commissioners of Income Tax, Mody said that many taxpayers are waiting to file applications under ‘Vivad Se Vishwas’ scheme, but they are also waiting for correct demand to be intimated to them.
The Central Board of Direct Taxes (CBDT) chief also set a monthly target of disposing of pending appeals by sending communication through the e-filing portal or through emails only.
“… board desires that all the work … of cleaning up of the tax demand and calculating the tax payable or refundable in respect of all eligible assessees under Vivad Se Vishwas scheme is taken up on priority,” the CBDT chief wrote in a letter dated July 9.
Asking taxmen to immediately attend to the applications under the Vivad Se Vishwas scheme, the CBDT chief said…