Income Tax

Income Tax Department has published list of 29 tax defaulters in leading newspapers

Income Tax Department has published list of 29 tax defaulters in leading newspapers 

Income Tax Department has published a list of 29 tax defaulters in leading newspapers with advice to pay the tax and arrears immediately.  However it is to be noted that in all the 29 cases , either the assessee is not traceable or the assets are not sufficient for recovery. Under these circumstances, the effectiveness of the public notice/advertisement is under doubt.

The gist of the arrears as per the advertisement  is as under

Income Tax Authority Tax Arrear No. of defaulters Status
PrCCIT AP & Telangana Hyderabad 55.82 14 11 assessees not traceable. Not adequate assets for recovery in 3 cases
PrCCIT , Delhi 10.27 5 All 5 assessees not traceable

PrCCIT West Bengal & Sikkim, Kolkata

62.75 3 All 3 assessees not traceable
PrCCIT UP(E), Lucknow 284.39 3 All 3 assessees not traceable
PrCCIT  NER, Guwahati 11.83 1 Assessees not traceable
PrCCIT  NER Chandigrah 23.26 3 All assessees not traceable/not adequate assets for recovery
Total 448.32 29  

Share

Recent Posts

  • Income Tax

Object of assessment proceedings is not to find empirically correct solution on every fact issue – HC

It can never be the object of assessment proceedings to find an empirically, absolutely correct solution on every fact issue…

1 day ago
  • Income Tax

Penalty u/s 270A deleted as assessee filed revised computation during scrutiny

Penalty u/s 270A deleted as assesse filed revised computation during scrutiny correcting the mistake which was noticed only after the…

2 days ago
  • Income Tax

Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT

Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…

4 days ago
  • Income Tax

Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT

Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment  - ITAT In…

1 week ago
  • Income Tax

Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT

Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…

1 week ago
  • Income Tax

Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII

CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…

1 week ago