Business Standard

The Rs 50,000-crore challenge

Raising the corporation tax collection target by 8 per cent in February may have made the CBDT's task more difficult

GST, goods and services tax, GST collection
Premium

For any month, returns can be filed with an unlimited delay as of now, without penalty but with interest

A K Bhattacharya New Delhi
As many as five associations of chartered accountants are reported to have sent an appeal to the prime minister and the finance minister. The appeal is to request the two leaders to impress upon the Central Board of Direct Taxes (CBDT) the need to avoid exerting undue pressure on taxpayers in its bid to meet the annual direct taxes collection target for 2018-19. 
Such an appeal is unusual. What prompted these associations of chartered accountants to plead with the prime minister was an internal circular issued by the CBDT on March 26 to its senior income-tax officers asking them to intensify
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 31 2019 | 9:47 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com