Excelsior Correspondent
KATRA, July 24: Senior Member of Central Board of Direct Taxes, Rani Singh Nair today formally inaugurated the Income Tax office-cum-guest house here.
Rajendra Kumar, Principal Chief Commissioner of Income Tax, (NWR) Chandigarh, Ajay Singh, Chief Commissioner of Income Tax, Amritsar, Sangeeta Gupta, Principal Commissioner of Income Tax, J&K, R N Sahay, Commissioner of Income Tax (Appeals), Jammu and S K Sharma, Joint Commissioner of Income Tax, Jammu were present on the occasion.
Speaking on the occasion, Rani Singh Nair highlighted the one time opportunity offered to the people under the Income Declaration Scheme and advised the Income Tax Officer, Katra, Dharmender Gupta to put all out efforts to sensitize the masses about the benefits of the scheme.
She emphasized that all those persons who have not declared their income correctly in the past should come forward and declare such undisclosed income before the closure of Scheme and play their honest role as a citizen in nation building.
Speaking on the occasion, Sangeeta Gupta said that the benefit of this scheme should not only be taken by the existing tax payers/assessees but maximum by the non-filers or non-existing assessees. She added that department has already collected huge data with regard to financial transactions with a lot of data mining and profiling with the use of sophisticated electronic surveillance tools and after the closure of Income Declaration Scheme the department will process the data and will initiate proceedings accordingly against the tax evaders.
The Joint Commissioner of Income Tax, S K Sharma presented the vote of thanks and appealed that people should arise to the occasion and disclose their undisclosed income/ assets/ investments before the expiry of term of this scheme to get immunity under the Income Tax and Wealth Tax Act and to avoid scrutiny and other coercive actions by the department.
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