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Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15

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....ncome Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15 <br>News and Press Release<br>Dated:- 22-12-2016<br><BR>The Non-filers Monitoring System (NMS) was rolled out for ident....

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....ification of non-filers with potential tax liabilities. Data analytics carried out by the Systems Directorate of Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific informat....

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....ion is available in the AIR, CIB and TDS/TCS databases. The Income Tax Department has conducted the fifth cycle of data matching which has identified an additional 67.54 lakh potential non-filers who....

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.... have carried out high value transactions in the financial year 2014-15 but did not file return of income for the relevant assessment year i.e. A.Y 2015-16. The information relating to the identified ....

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....non-filers has been made available in the 'Compliance Module' on the e-filing portal of the Income Tax Department. The information will be visible only to the specific PAN holder when they log into th....

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....e e-filing portal at https://incometaxindiaefiling.gov.in. The PAN holder will be able to respond electronically and retain a copy of the submitted response for record purpose. While the Government u....

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....rges all tax payers to disclose their true income and pay taxes accordingly, the Department would continue to pursue the non-filers vigorously till all the high potential non-filers are covered.<BR> N....

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....ews - Press release - PIB....