V
V.Balasubramani
Guest
A good decision in deed. Let us wait and see how this works out.
I-T department to 'name and shame' chronic crorepati defaulters
NEW DELHI: As part of its 'naming and shaming' policy to curb tax evasion, the Income Tax Department may soon go on to publish names of even those taxpayers who have a 'chronic' default of Rs one crore and above.
Officials said the policy framework for putting the names of such entities in public domain has been in the making for quite sometime and the proposal is now being vetted by the Central Board of Direct Taxes (CBDT).
An action plan in this regard was also discussed during the Tax Administrators conference held here a few months ago and once the CBDT approves the policy, the names would be published in leading dailies and could possibly also be displayed on the department's official web portal, they said.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
I-T department to 'name and shame' chronic crorepati defaulters
NEW DELHI: As part of its 'naming and shaming' policy to curb tax evasion, the Income Tax Department may soon go on to publish names of even those taxpayers who have a 'chronic' default of Rs one crore and above.
Officials said the policy framework for putting the names of such entities in public domain has been in the making for quite sometime and the proposal is now being vetted by the Central Board of Direct Taxes (CBDT).
An action plan in this regard was also discussed during the Tax Administrators conference held here a few months ago and once the CBDT approves the policy, the names would be published in leading dailies and could possibly also be displayed on the department's official web portal, they said.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
