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TMI BlogIncome Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15X X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15 - News and Press Release Dated:- 22-12-2016 - News - The Non-filers Monitoring System (NMS) was rolled out for identification of non-filers with potential tax liabilities. Data analytics carried out by the Systems Directorate of Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific informat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion is available in the AIR, CIB and TDS/TCS databases. The Income Tax Department has conducted the fifth cycle of data matching which has identified an additional 67.54 lakh potential non-filers who have carried out high value transactions in the financial year 2014-15 but did not file return of income for the relevant assessment year i.e. A.Y 2015-16. The information relating to the identifie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d non-filers has been made available in the Compliance Module on the e-filing portal of the Income Tax Department. The information will be visible only to the specific PAN holder when they log into the e-filing portal at https://incometaxindiaefiling.gov.in. The PAN holder will be able to respond electronically and retain a copy of the submitted response for record purpose. While the Governme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt urges all tax payers to disclose their true income and pay taxes accordingly, the Department would continue to pursue the non-filers vigorously till all the high potential non-filers are covered. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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