Analysis of e-filed returns filed in the current Financial Year reveals that nearly 29,000 taxpayers - Tax payable was in excess of Rs. 50,000, have defaulted on the payments aggregating to approximately Rs. 3,770 crores.

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..... Analysis of e-filed returns filed in the current Financial Year reveals that nearly 29,000 taxpayers - Tax payable was in excess of Rs. 50,000, have defaulted on the payments aggregating to approximat .....

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..... ely Rs. 3,770 crores.
News and Press Release
Dated:- 12-10-2012

PRESS RELEASE No. 402/92/2006-MC (25 of 2012), Dated 8-10-2012 Analysis of e-filed returns filed in the current Financi .....

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..... al Year reveals that nearly 29,000 taxpayers, where committed tax payable was in excess of Rs. 50,000, have defaulted on the payments aggregating to approximately Rs. 3,770 crores. Income-tax Departm .....

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..... ent urges all taxpayers who have filed their returns for A.Y. 2012-13 and have defaulted on payment of committed tax, as self assessment tax of any amount, to immediately come forward and pay the due .....

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..... taxes without any further loss of time. It is also brought to the notice of such taxpayers that default in payment of self assessment tax may invite penal consequences.
News - Press release - PIB .....

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