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Rajaswa Gyan Sangam concludes; CBDT to focus on Rs 50 Cr & above appeal cases; CBEC on Refund SMS Sewa

By TIOL News Service

NEW DELHI, SEPT 03, 2017: THE two-day mega annual event titled 'Rajaswa Gyan Sangam' and involving both the Revenue Boards and also State GST officials, for the first time, concluded yesterday evening. It was inaugurated by the Prime Minsiter who outlined the broader format of his long-term vision for the officers and asked them to focus on E-Assessment, reduction of pendency of appeals, use of data analytics to track undeclared income and increase tax revenue and improved coordination with States for GST.

The Union Finance Minister praised the efforts of the CBDT in fighting tax evasion and unearthing mountains of black money. He also congratulated the collaborative efforts of the officials from the Centre and States in smooth roll-out of GST.

On his part, while concluding the event, the Revenue Secretary asked the officers of both CBDT and CBEC to share best practices with each other regularly. He also underlined the importance of increasing efforts to garner revenue in light of the data that is available post demonetization.

During the two-day various sessions, a good amount of brain-storming was undertaken by the senior revenue officials from both the Boards and the following milestones were set for the current fiscal:

++ CBDT to achieve the twin objectives of substantially reducing the number of appeals and the disputed demand before CIT(Appeals). The focus is to dispose off 70% of smaller appeals and 30% of high demand appeals including 100% of appeals involving disputed demand of Rs 50 crore and above;

++ Assessing Officers to be encouraged to maximize e-assessment in a phased manner and to ensure that work be completed online so that there is complete transparency;

++ Strategies for widening of tax base were discussed in detail with special focus on verification of data collected during demonetization and SFT. The CBDT aims to add a sizeable number of new taxpayers in the current fiscal. It was directed that special focus be given to popularize the Operation Clean Money portal such that an environment of voluntary compliance can be created;

++ CBEC to focus on Refund Sms Sewa, instant feedback survey from international passengers & barcoding confiscated goods for disposal.


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