Income Tax Department Identifies 67.54 lakh Potential ITR Non-Filers for F.Y. 2014-15
The Non-filers Monitoring System (NMS) was rolled out by IT Deptt for identification of non-filers of ITR with potential tax liabilities and has 67.54 lkh ITR non-filers about whom specific information of high value transactions in FY 2014-15 is available in the AIR, CIB and TDS/ TCS databases.
CBDT has advised that the information relating to the identified non-filers has been made available in the ‘Compliance Module’ on the e-filing portal of the Income Tax Department. Further the information will be visible only to the specific PAN holder when they log into the e-filing portal. PAN holder will be able to respond electronically and retain a copy of the submitted response for record purpose.
CBDT has requested all tax payers to disclose their true income and pay taxes accordingly and has reiterated that the Income Tax Department would continue to pursue the non-filers vigorously, till all the high potential non-filers are covered.