CBDT issues Certificates of Appreciation to tax payers for their contribution towards Nation building
i) CBDT’s Third round of Certificates of Appreciation
In continuation of the initiative of the Government to acknowledge the contribution of tax payers by paying taxes towards nation building and promptness in filing of Income Tax Returns, CBDT has issued the third round of Certificates to nearly 3.74 Lakh tax payers. With this, the total number of certificates issued by CBDT now stands at approximately 23 Lakh.
Individual tax payers may take note that such certificates of appreciation are only sent by email in various categories on the basis of the taxes paid by them for the Assessment Year 2016-17, where taxes have been paid in full, tax payers have no outstanding tax liabilities, the return is efiled within the prescribed due date and verified through Digital Signature or Electronic Verification Code (EVC) or submission of signed ITR-V to CPC Bangalore. The categories for individual taxpayers are:
i. Platinum -Taxpayers who have contributed Rs 1 Crore and above as tax
ii. Gold -Taxpayers who have contributed between Rs 50 Lakh and Rs 1 Crore as tax
iii. Silver -Taxpayers who have contributed between Rs 10 Lakh and Rs 50 Lakh as tax
iv. Bronze -Taxpayers who have contributed between Rs 1 Lakh and Rs 10 Lakh as tax
Taxpayers are advised to verify and update their email address and mobile number on the e-filing website to receive electronic communication. It may be noted that taxpayers can provide upto two email and two mobile numbers in their profile. Therefore, it is strongly advised that taxpayers should provide their personal and regularly used Email and Mobile number as their primary email.
The CBDT urges taxpayers to e-file their returns in time and verify their return by submitting the Electronic Verification Code online or sending their ITR-V within the 120 day period so that they can be also acknowledged for their contribution.
ii) CBDT’s Second round of Certificates of Appreciation
The Honourable Finance Minister Shri Arun Jaitley, had personally handed over certificates to a few individuals at North Block to commence the program of taxpayer appreciation on 19th September, 2016. Accordingly, the CBDT has sent second round of certificates of appreciation to 8.43 Lakh individual tax payers for their contribution in nation building. These certificates have been sent by e-mail based on taxes taxes paid by the taxpayers for the Assessment Year 2016-17.
Taxpayers have lauded this new initiative and have reacted with pride and satisfaction that their contribution towards spending on various infrastructure development, social sector & welfare schemes out of revenues mobilized through tax payments have been acknowledged.
In continuation of the initiative, CBDT has started issuing the second round of Certificates to another 10.15 Lakh tax payers. While the earlier set of certificates had mostly included individuals who e-verified their returns, the second phase will cover those individuals who have filed their returns within the due date and their ITR-V has been received well before the 120 day period for submission provided under the Income Tax Act.