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of <h1>Circular Urges Efficient TDS Collection to Boost Revenue; Promotes Compliance Monitoring by Income Tax Officers, Report by March 15, 1979.</h1> The circular emphasizes the importance of maximizing tax collections through Tax Deducted at Source (TDS), which significantly contributes to annual income and corporation tax revenues. It highlights the efficiency of TDS collections compared to other tax sources and urges prompt action in cases of non-compliance. The document instructs the utilization of Income Tax Officers (ITOs) for monitoring TDS from both salaries and other payments, ensuring regular payments and receipt of statutory statements. It calls for maintaining control statistics to track progress and requires reporting of actions taken by March 15, 1979.
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