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Sluggish TDS growth: CBDT asks I-T department to take urgent steps

According to official data, the TDS revenue collection till August 31 was over Rs 1.65-cr

Press Trust of India  |  New Delhi 

Sluggish TDS growth: CBDT asks I-T department to take urgent steps

With from the category witnessing a sluggish pace, the CBDT had asked the to pull up its socks and take "urgent" steps and also conduct survey operations to shore up the funds.

CBDT Chairman Sushil Chandra has issued a stern directive to all the field offices of the in this context and has sought an action taken the report in less than a month's time.


In his letter, accessed by PTI, Chandra has expressed his "disappointment" over the growth rate under the Tax Deducted at Source (TDS) collections, saying some regions (I-T ranges) in the country were showing negative or single digit figures.

In view of this, he wrote, "there is an urgent need to step up efforts for augmenting collections."

"A few indicative steps in this regard are conducting more surveys to check large scale non-deduction or under deduction of taxes at source as well as non-deposit of taxes already deducted," the chairman told his principal chief commissioners.

Chandra also directed the department that all cases, where payment by the deductors in the current year is more than 10 per cent lower than the payments in the corresponding period of last year, "may be examined on priority for possible spot verification or survey based on the compliance background of the deductors."

The CBDT chief asked the to "ensure" that the deducted by the state and central government departments are duly collected.

According to official data, the till August 31 was over Rs 1.65 crore which reflects a growth rate of 10.44 per cent over the corresponding period of the last fiscal.

However, this rate also shows a "significant decline" of 7 per cent over the last financial year, when the growth rate was 17.44 per cent.

The department has also been asked by the CBDT chairman to monitor collections under section 194-IB of the Income Tax Act (payment of rent by certain individuals or Hindu undivided family) and section 194-IC of the same Act (payment under the specified agreement).

The department has also been asked to keep a tab on "defaulters" and been instructed that criminal prosecution complaints should be filed in such instances, on a case-to- case basis.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Thu, September 14 2017. 17:40 IST
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