Analysis of e-filed returns
filed in current Financial Year
PRESS RELEASE No. 402/92/2006-MC (25 of 2012), dated 8-10-2012
Analysis of e-filed returns filed in the current Financial
Year reveals that nearly 29,000 taxpayers, where committed tax payable
was in excess of Rs. 50,000, have defaulted on the payments aggregating
to approximately Rs. 3,770 crores.
Income-tax Department urges all taxpayers who have filed
their returns for A.Y. 2012-13 and have defaulted on payment of
committed tax, as self assessment tax of any amount, to immediately come
forward and pay the due taxes without any further loss of time. It is
also brought to the notice of such taxpayers that default in payment of
self assessment tax may invite penal consequences.