TaxTMI 
TaxTMI 
IT Chief Commissioners discuss strategies for achieving revenue collection target
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....T Chief Commissioners discuss strategies for achieving revenue collection target <br>News and Press Release<br>Dated:- 6-2-2010<br><BR>The Central Board of Direct Taxes (CBDT) convened a meeting of al....
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....l cadre-Controlling Chief Commissioners of Income Tax here today to discuss strategies for achieving the revenue collection target budgeted at Rs.3,70,000 crore (Rs.3.7 trillion) and internally reset ....
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....at Rs.4,00,000 crore (Rs.4 trillion). The meeting was addressed by the Member (Revenue) and the Chairman, CBDT. The Revenue Secretary also attended the meeting. The strategies discussed during the me....
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....eting include (i) monitoring advance tax payments of top companies and persuading them not to defer such payment as self-assessment tax for the next fiscal; (ii) monitoring tax payments of loss-making....
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.... companies, liable to MAT at enhanced rate of 15%, and persuading them to make such payment as advance tax during the current fiscal; (iii) monitoring TDS deposits by private deductors as well as stat....
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....e governments / local bodies; and (iv) focussing on collection out of tax arrears, as well as tax demand raised in scrutiny assessments during the current fiscal. BY/KP<BR> News - Press release - PIB....
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