CPC-TDS to provide window to taxpayers to report non-compliance by deductor
CBDT has issued its Central Action Plan (CAP) for FY 2017-18. As per the said plan, the contribution of TDS to the overall gross direct taxes collections during FY 2016-17 was about 37%. The CAP 2017-18 has emphasised the importance of Tax Deduction at Source as a non-obtrusive but powerful instrument for preventing tax evasion, widening the tax base and augmenting revenues over the years.
CAP 2017-18 recognises an effective and efficient TDS administration as a key area, not only for achieving the above tax collection objectives but also for providing better taxpayer service.
The CAP 2017-18 has outlined several objective for FY 2017-18. As per the Action Plan, the strategy to augment revenue through TDS requires a combination of proactive measures related to enforcement, capacity building (external and internal) and leveraging of information that is now available with the Department through the CPC (TDS).
One of the action items laid down as guidance to the field officers is as under:
Non-filing of TDS statements results in consequential mismatch of TDS in the case of deductee taxpayers and consequent avoidable grievances.
This feedback shall be made available to the relevant field TDS officer for further action. List of non-filers of TDS statements would also be available to the field TDS Officers on the MIS section of the AOs portal.
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Income tax deduction by employers and not credited in income tax department.