I-T Dept targets Rs 3,379 crore in UP districts

The Income Tax (I-T) department is targeting a tax collection of Rs 3,379 crore during the 2010-11 financial year in Lucknow, which covers the Uttar Pradesh (East) districts.

During 2009-10, the department made net tax collection of Rs 2,888 compared with Rs 2,614 during the previous year.

“Since we were able to achieve our target during the last financial year and posted a growth of over 10 per cent, we are confident of meeting our target during 2010-11,” chief commissioner of I-T, Lucknow M K Mirani told newspersons here this evening.

He, however, added the growth in UP (E) had been sluggish compared with the all-India growth of 18 per cent. UP has 3 IT offices at Lucknow, Allahabad and Bareilly headed by the respective commissioners.

Besides, he said almost Rs 215 crore pertaining to the 2008-09 financial year could not be refunded to the tax payers and had been lying in the department’s suspense account.

“It could not be refunded, since the details of the tax payers with the department is not correct. Either the Permanent Account Number (PAN) is wrong or missing altogether, or the deductor had failed to complete the formalities,” he said adding it was the duty of the assesses also to keep track of their tax.

The department would soon launch a campaign to create awareness among the tax payers for tracking their I-T deduction and refund procedures online.