Income Tax

Department worked tirelessly during the FY 2016-17 for making the flagship schemes of the Government truly successful – CBDT Chairman

Department  worked tirelessly during the  FY 2016-17 for making the  flagship schemes of  the Government truly successful – CBDT Chairman

CBDT Chairman Shri Sushil Chandra in his latest department letter (DO) has congratulated all the officers and officials of the Income tax Department for  accomplishing the Budget Collection Target of Rs. 8.47 lakh Crore for the F.Y. 2016-17 and thereby contributing significantly in the revenue mobilisation efforts of the Government for the developmental schemes  for  public  at  large.  

According to the CBDT Chairman, the Income Tax Department, after many years, has achieved its collection target with a gross growth rate of 16.8% and a net growth rate of 14.2% and this speaks volumes about the sincere hardwork put in by all officers and staff of the Department.

According to the DO, the  entire  workforce of  the  Department  worked  tirelessly  during the  FY 2016-17 for making the  flagship  schemes  of  the Government  truly  successful. Whether it was the intense outreach programmes for IDS-2016, or the focussed activity for unearthing unscrupulous cash transactions in  the  wake  of demonetisation and Operation Clean Money, the officers  and  officials  showed tremendous tenacity and  devotion towards  their  assigned  duties  under the able guidance of their respective Principal CCsiT/ DGsiT, CCsiT/DGsiT and Principal  CsiT/ DsiT.

The CBDT Chairman has expressed belief that officials of the Department would continue to strive for similar excellence with the same enthusiasm and professionalism  to face  the  future  challenges  in the  coming days.

Share

Recent Posts

  • Income Tax

Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT

Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…

6 hours ago
  • ICAI

Last date to submit MEF 2026-27 extended to 09.09.2026

ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…

9 hours ago
  • Income Tax

Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand

Can a demand notice be issued u/s 156 for non-payment of Dividend tax u/s 115-O, when as per assessment order…

2 days ago
  • Income Tax

Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts

The issue already examined and adjudicated by the quasi-judicial authority, i.e., CIT(Appeals), cannot be reopened on the same set of…

3 days ago
  • Income Tax

TDS can’t be denied for non deposit of tax deducted by the deductor – High Court

One TDS is deducted, credit has to follow, failure of deductor to deposit the amount to the credit of the…

4 days ago
  • Income Tax

Cash withdrawal from bank can’t be taxed u/s 69C as unexplained expenditure – ITAT

Merely because assessee did not explain purpose of cash withdrawal from bank, it can not be taxed u/s 69C as…

4 days ago