Addressing a two-day conference of Income Tax Administrators of Eastern Zone here, Shabri Bhattasali, Member of CBDT said that during 2017-18, a record number of 69.2 million I-T returns were filed, which was 13.1 million more than 56.1 million returns filed in 2016-17.
The I-T Department added 10.6 million new return filers during 2017-18 and aims to add 12.5 million new filers for the current year. In the North East region, this number was 189,000, she said.
L C Joshi Ranee, Principal Chief Commissioner of Income Tax, North Eastern Region, said that Rs 70.97 billion tax was collected from the region during 2017-18.
This is 16.7 per cent higher than Rs 60.82 billion collected in the preceding year, Ranee said.
He said the target in the region for 2018-19 has been fixed at Rs 83.57 billion, 17.75 per cent more than last years collection.
Stating that the department is committed to meet the target tax collection, increase taxpayer base and deliver superior services, ‘Aaykar Seva Kendras’ have already been opened in 22 out of 29 stations in NER.
New offices are being opened in far-flung areas to deliver taxpayer services, he added.
Earlier the deadline of July 31, 2018, for filing income tax return for FY 2017-18 has been extended by one month to August 31, 2018.
Until last assessment year (AY) there was no penalty for filing belated income tax returns. However, this penalty is applicable from AY 2018-19. A new section 234F was inserted by the government in the Income Tax Act. As per this section, an individual would have to pay a fee of up to Rs 10,000 for filing income tax return after the due dates specified in section 139(1) of the Act.
