Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: articles on VAT and GST in India :: list of goods taxed at 4% :: VAT Audit :: ACCOUNTING STANDARDS :: TDS :: due date for vat payment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD
 
 
News Headlines »
 8 benefits you must know about this tax-saving mutual fund
 10 most important income-tax changes which will apply from April 1
 Delhi: 54 CAs, company secretaries on radar in I-T crackdown against black money
 10 Income Tax Rules That Will Change From April. See Details Herea
 Looking for last-minute tax planning with Section 80C investments? Here's help
 Aadhaar mandatory for filing income tax return
 Will Aadhaar linkage solve India's income tax woes?
 GST roll out from July 1 will make goods cheaper: Jaitley
 Aadhaar To Be Mandatory For Filing Income Tax Return, PAN Application
 7 best tax-saving solutions which can help you save money
  No proposal to replace Income Tax with Banking Cash Transaction Tax

Pune aims at Rs 8,000-cr tax collection
December, 14th 2006

Pune, which recorded tax collection of Rs 6,700 crore during last fiscal, is targeting Rs 8,000 crore this fiscal.

It has collected close to Rs 4,600 crore by November end, Mr Santosh Datta, Chief Commissioner of Income-Tax, told presspersons here.

During last fiscal, the city generated Rs 6,700 crore as revenue which included Rs 3,750 crore as corporate tax. The rest was from personal tax.

Mr Datta said efforts were also being taken to scrutinise the taxreturns filed by the assessees.

Currently, only one per cent is being scrutinised but with the computerisation drive in the department, more scrutiny could be carried out.

Refund receipts

There has also been a 20 per cent increase in refunds. As against Rs 659 crore during last fiscal, the department this year has issued refund receipts to the tune of Rs 525 crore, he said.

selective action

Commenting on the selective action initiated by the I-T Department, Mr Datta said about 170 surveys had been carried out till November end this year, and the concealed income detection was close to Rs 100 crore.

During the corresponding period last year, about 260 surveys had been carried out but had resulted only in Rs 48 crore as concealed income detection.

Mr Datta said the department would be taking into its fold about 462 officials to ensure that shortage of staff does not impair the results.

This is out of the 7,000 appointments which was cleared by the Union Cabinet recently, he added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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