Income tax department has started sending notices to non-filers for the assessment year 2014-15. The income tax department has been capturing information on financial transactions /activities relating to you through Non-filers Monitoring System (NMS). This year NMS has identified 58.95 lakhs non-filers (Cycle 4 -2015) with potential tax liabilities for AY …
Read More »Compliance of Non-filers Monitoring System (NMS) for AY 2014-15
Income Tax Department has identified non filers who have done high-value transactions during the Assessment Year 2014-15 (Financial Year 2014-15) and started sending sms, email in batches with effect from 6th Nov 2015. Centralised Processing Cell-Compliance Management (CPC-CM) has carried out data analysis to identified non filers about whom specific information …
Read More »Hurry – File your income tax return for the FY 2012-13 (AY 2013-14) before 31st March 2015
e-filing Team for Compliance Management Cell, Income Tax Department has started sending email reminder for those who have not filed income tax return (ITR) for the Assessment Year 2013-14 (Financial Year 2012-13) Email notice is read like this, “as per our records, it is observed that you have …
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