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Regional tax advisory committee meet
September, 19th 2012

The income taxpayers are faced with a big problem due to mismatch in the income tax (I-T) returns being filed by them. In fact the arrear demand verification gets stalled due to this mismatch, resulting in the delay which further causes lots of troubles before the tax payers. Normally it takes several months for the taxpayers to get the mismatch rectified and there may be thousands of such affected assesses in the Indore region alone.

The issue was raised prominently by the members of the Regional Direct Tax Advisory Committee, which was held here on Monday. Keeping it in view, the committee has decided to open a special window at income tax office here so as to address the issue. The window, once opened, is likely to do its job of resolving the issue within 21 days only.

Talking to ToI, chief commissioner, income tax (Indore region) Surendra Mishra, who had chaired the meeting, said, "The problem of mismatch was taking place due to technical reasons. In absence of required information, there is an anomaly causing mismatch. So, what happens that despite the fact that the assessee has already paid the entire tax to the department, nevertheless the outstanding was reflecting in his account. Hence, we have decided to open a special window to address the problem."

Rajesh Joshi, an advocate who attended the meeting, said, "The returns are processed at central processing centre (CPC), intimations issued by CPC have lots of mistakes, which needs to be rectified.

Principal, Daly College Sumer Singh said, "We need to examine whether a school loses its charitable status if it makes profit and pays tax". Manish Dafria, who is the visiting faculty of IIM (I), said, "A time-bound mechanism may be created in the department for issuance of No TDS certificate."

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