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JCCI president calls on PC Income Tax
1/29/2020 10:24:37 PM
Early Times Report
JAMMU, Jan 29: JCCI President Rakesh Gupta along with his Office bearers called upon the Principal Commissioner of Income Tax Mona Singh, IRS in her office chambers today. During the interaction the Principal Commissioner of Income Tax conveyed her serious concerns about drop in the non filling of Income Tax Returns, False Claims for refund in lieu of TDS, Sale and Purchase of land through cash transactions and non payment of tax on capital gains.
JCCI President assured the Principal Commissioner of Income Tax that as usual the business community throughout Jammu Province will be major contributor towards Income Tax and shall follow the same always. He also pointed out that because of the prevailing law and order situation the business and economy was at its worst and same should not be ignored while considering tax collection targets. JCCI President urged upon the Principal Commissioner of Income Tax that the business community as well as individual tax payers are caught up in an unusual awkward situation which is like being asked to use software on a computer which does not have proper hardware. He requested the Principal Commissioner of Income Tax to take up the matter of restoration of Internet connectivity throughout the Union Territory to enable the people at large to file their Income Tax Returns and also urged upon her kindly to recommend to the Union Finance Ministry to urgently extend the dates for filling of all sorts of Income Tax Returns upto 31st March 2020.
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