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New principal chief IT commissioner of Mumbai to take charge

Press Trust of India  |  Mumbai 

Pramod Chandra Mody, Principal Chief Commissioner of Department in Ahmedabad, is set to assume charge as the Principal Chief IT Commissioner of from tomorrow.

The transfer comes amid reports that the overall corporate 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 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 Singh was elevated only last month, IT Department sources told PTI.

Mody will also be head of the zone of the IT department.

collects one third of the pan-direct taxes as it is home to 45 of the top 100 corporates.

is the fourth largest contributor to the direct tax 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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 14 2017. 20:02 IST