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Tuesday, July 22, 2008

IT returns: Special camps for salaried taxpayers



New Delhi, July 21 The Income-Tax Department will organise special
camps in Delhi beginning Tuesday to facilitate salaried taxpayers to
file their income-tax returns. All salaried returns are to be filed
with the Department by July 31.

The first of the two special camps will be held from July 22-25 at
Mayur Bhavan and the second one would be at Pragati Maidan from July
28-31, said a senior IT department official.

Ms Lakshmi Prasad, Chief Commissioner of Income Tax, looking after
salaries, told reporters here that there would not be any extension of
the due date of July 31. She also said that the Tax Department was
geared up to tackle the last minute rush.

"We have seen in the past that though the last date for filing is well
known, there is tendency among taxpayers to file their return in the
last week. More than half the returns are filed only in the last week
of July. We are organising these special camps to ensure smooth filing
of returns and in hassle-free manner," she said.

The Income-Tax Department expects to receive 4 lakh returns at the
special camp at Pragati Maidan. The Delhi region has 7.5 lakh income-
tax assessees who are required to file returns annually. Last year,
for assessment year 2007-08, the Tax Department received 3.44 lakh
salaried returns at its special camp in Pragati Maidan.

Meanwhile, Ms Lakshmi advised salaried taxpayers to mention the Tax
Deduction Account Number (TAS) of the employer/tax deductor in their
returns filed with the Department. Besides permanent account number
(PAN), present and complete postal address, bank account number, name
of bank and branch, MICR code, it is also necessary to mention TAN of
the employer.

"Now we have dispensed with attaching Form 16. So to have authenticity
about tax payment, it is essential that you (taxpayer) mention TAN so
that it can be linked up with the tax deductor. The TAN of the
employer is given in Form 16," she said.

Source: Business Line
 
 
 

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