Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Indirect Tax »
Open DEMAT Account in 24 hrs
 When will ITR1 forms become available for tax filing. Check details
 How to reduce tax on rent from vacant houses
 Make sure to claim these tax deductions
 Investment tips for those opting for new tax regime
 Indirect tax dept issues notices to companies over late input credit claim under GST frame
 E-generated document required for indirect tax notices
 FinMin seeks industry inputs on direct, indirect tax changes
 Govt gives businesses four months to settle indirect tax disputes
 ITR filing becomes easy via new 'e-Filing Lite' portal - 5 things to know Income Tax Return
 No income tax on interest from accident compensation: High Court
 How much tax do you need to pay for your equity investments?

Income tax staff resume agitation
February, 01st 2012

In a major set back for the income tax (I-T) department, its officials on Tuesday revived their agitation of not taking part in searches and surveys. The officials had earlier protested from December 5 to January 3 to demand promotions pending for the past two years. The agitation was

 
suspended after the Central Board of Direct Taxes (CBDT) assured that it would resolve the issue by the third week of January.
However, with the CBDT failing to clear promotions, the officials submitted a notice to the board chairman and members saying that they were resuming their agitation.

In Mumbai, 80 promotions of income tax officer (ITO) to assistant commissioner of income tax (ACIT) and deputy commissioner level are pending for past two years. The number in the country is over 400.

With the protest resuming, the department is worried about achieving its target, Reviving of the agitation would make it further difficult to reach anywhere closer to the tax collection target, said a senior I-T official, requesting anonymity.

The department in Mumbai has got a target of Rs2.04 lakh crore that has to be collected by March 31. It has so far managed to collect only a little over half of the amount.

After losing the Vodafone case, the sentiments in the department is down and reviving of the agitation would only add to the agony, the official said.

The department in Mumbai has to refund around Rs2,500 crore to Vodafone that the company had deposited pending legal case. Also, the department has to give around Rs 100 crore as interest.

When asked, Rajesh Menon, secretary general of Income Tax Gazetted Officers' Association that is representing the protesting officials, said, The agitation was revived because assurances given by the board were empty and nothing happened.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting