ALSO READApril-August income tax revenue up 17.5% at Rs 2.24 lakh cr Net income tax collection rises 14.8 pc to Rs 1.42 lk cr in Q1 Income tax dept contributes Rs 52 lakh to Clean India mission 25% growth in number of Income Tax Returns filed in current fiscal Advance Tax (Personal Income Tax) collections up by 41% Tax dept extends deadline for Aadhaar-PAN linkage till Dec 31
The transfer comes amid reports that the overall corporate tax collection so far has been poor and the department has shot off letters to top corporates to pay up 45 per cent of their annual tax liabilities by tomorrow, the last day for advance tax payment for the second quarter.
Mody will take over from Pawan Parmar Singh who has been transferred to Bhopal. Singh was elevated only last month, IT Department sources told PTI.
Mody will also be head of the Mumbai zone of the IT department.
Gujarat is the fourth largest contributor to the direct tax revenue. The net collection recorded by the region in FY17 was Rs 39,901 crore, 4.8 per cent of the entire direct tax collection for the year.
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