Enriching tax base - CBDT eyes 1.25 Cr new return filers in current fiscal
By TIOL News Service
NEW DELHI, SEPT 28, 2017: EXPANDING tax base is a constant target for the CBDT. But, based on the discussions at the recently-held Rajaswa Gyan Sangam, the Board has set an annual target of adding 1.25 Crore new income tax return-filers in the current fiscal.
In order to distribute the target amongst the Pr. CCIT Regions, the following parameters/ criteria have been taken into consideration:
(i) The number of new return filers added during FY 2016-17.
(ii) The size of current tax base (number of existing return filers).
(iii) Number of potential non-filers under NMS under categories P1, P2 and P3.
3. After assigning due weight to each parameter, the targets for different Regions are worked out as under:
Region
|
Target for new return filers for FY 2017-18
|
Region
|
Target for new return fliers for FY 2017-18
|
|
|
JAIPUR
|
580261
|
AHMEDABAD
|
941123
|
KANPUR
|
616725
|
BANGALORE
|
876846
|
KOCH1
|
362156
|
BHOPAL
|
620925
|
KOLKATA
|
697685
|
BHUBHNESWAR
|
234850
|
LUCKNOW
|
620651
|
CHANDIGARH
|
1041948
|
MUMBAI
|
740741
|
CHENNAI
|
1047702
|
NAGPUR
|
211922
|
DELHI
|
727367
|
PATNA
|
502132
|
GUWAHATI
|
254948
|
PUNE
|
1182532
|
HYDERABAD
|
1239486
|
Total
|
12500000
|
These targets are in respect of number of new return filers and not number of new taxpayers and, therefore, the number of new taxpayers who have tax credit in Form 26AS but have not filed return, will not be counted towards achievement of the target. A 'new return filer' for this purpose is defined as a person who has not filed return in the previous three Financial Years (2014-15 to 2016-17) but has filed return in the current financial year.
|