CBDT Chairman asks for close monitoring of collections through advance tax, TDS and recovery from arrears and current demand on weekly basis
GOVERNMENT OF INDIA
Ministry of Finance/Department ot Revenue
Central Board of Direct Taxes
North Block, New Delhi- 110001
Tele :23092648 & Telefax :23092544
Chairman, CBDT & Special Secretary to the Government of India
F. No. 385/17/2016-IT (B) Dated the 6th March, 2017
Dear Principal Chief Commissioner of Income Tax ,
Subject: Measures for enhancing revenue collections- Monitoring of advance tax, TDS and recovery form arrear and current demand.
On review of the position of Budget collections as on 4th of March, 2017 it is noted that as against the target growth rate of above 14%, the current rate of growth of net collections is only 10.6%, which does not augur well for achievement of the budget target in the current year .
2. With a view to concentrate all efforts towards the objective of achieving the budget target , you are requested to personally review and monitor the position of collections through advance tax, TDS and recovery from arrear and current demand of your Region on a weekly basis. I have separately written D.O. letters on stepping up efforts for recovery from arrear demand, collection out of current demand and collection from TDS, which may be followed scrupulously by all officers engaged in the work of assessment and collection.
3. It may be reiterated that the achievement of revenue target is sacrosanct and the single most parameter for evaluating the performance of the Department and accordingly , no efforts must be spared to achieve the same. Performance of each CCIT and Pr. CIT will be measured against the target allotted to him/ her regardless of whether the Pr. CCIT Region as a whole achieved its revenue target or not.
With best wishes.
(Sushil Chandra)----------- Similar Posts: -----------