RAJYA SABHA

The Central Information Branch of the Income Tax Department collects information relating to financial transactions from various sources like banks, registration authorities etc. This information is utilised for identification of persons not filing their return of income.

This information was given by the Minister of State in the Ministry of Finance Shri S.S. Palanimanickam in reply to a question raised by Shri Prakash Javadekar in Rajya Sabha today.

BSC/SS/DN-272/08

Information sharing to identify tax return non-filers enables targeted compliance under income tax reporting frameworks. Identification of persons not filing income tax returns is effected through systematic collection of financial transaction information by the Central Information Branch of the Income Tax Department, which aggregates data from banks, registration authorities and comparable reporting sources to detect non-filers and support tax administration.