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: form 3cd :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: VAT Audit :: empanelment :: TDS
 
 
« Direct Tax »
 Can we measure demonetisation’s impact on income tax collections?
 CBDT signs 2 more advance pricing pacts
 Income tax returns: How to calculate income from house property
 CBDT proposes new accounting standards for real estate firms
 1 lakh entities face I-T action as ‘clean money’ drive gains pace
 Here are 4 things to know about how CBDT improves ease of doing business by issuing PAN and TAN within 1 day
 Online platforms make tax filing easy, help fill details automatically
 Delhi HC refuses to stay tax case against Young Indian
 CBDT issues draft ICDS on real estate
 CBDT chairman Sushil Chandra gets one-year extensiona
 Income-tax (9th Amendment) Rules, 2017? - Amendment of Income-tax Rules, 1962 - Prescribing form & manner of exercise of option by the domestic company for the purposes of section 115BA of the Income-tax Act, 1961-reg

CBDT pulls up Indore income tax office for poor Q1 show
August, 02nd 2013

Central Board of Direct Taxes (CBDT) has pulled up Indore regional office of income tax (I-T) for its poor show during first quarter of the current fiscal. A source said the office during the period, ending June 30, achieved result which was less than the national average. Moreover, the CBDT asked the office to achieve the target at any cost by the fiscal-end.

Reviewing the region's performance here on July 29, member (audit & judiciary) of CBDT, Anita Kapur, is reported to have expressed serious concern over the poor show asking officials to pull up their socks to achieve the target of tax collection by the end of the current fiscal. The Indore office could achieve the revenue earning to the tune of Rs 2,025 crore as on March 31 in 2013. The CBDT has fixed the target of Rs 2,500 crore for the current fiscal for the Indore office during the current fiscal, source said.

Tax deduction at source (TDS), income tax and advance corporate tax are main sources of revenue generation for the department. However, except for TDS, the Indore office fared much below expectations during Q1 on all other parameters.

It had collected revenue of Rs 379 crore during the period as against the mark of Rs 275 crore in the corresponding period of the last financial year, which shows a healthy growth. Still, it registered a marginal improvement on the front of corporate tax (CT) and negative growth in income tax collection, source said.

Kapur also asked officials to meet top corporate guys to ensure advance tax collections due from them in time.

When contacted, a senior official of Indore office, on condition of anonymity, told ToI, the office would be able to achieve its target by the end of this fiscal.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

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