Income Tax Demands - Figures Don't Match
REVENUE is not famous for its statistical accuracy. Now the Income Tax Department has found that there are noticeable differences in the amount of demand as reported in CAP-1 statement and the data appearing on CPC portal.
The Department informs the Pr.Chief Commissioners, "In view of the recent strides in use of technology in all aspects of Departmental functioning, it is necessary that statistics of Demand (the tax due to Department) as appearing in CAP-I of each Pr. CCIT Region should be reconciled with the database on e-portals so that this information becomes a reliable tool for policy formulation and performance appraisal."
The Department has requested all the Chief Commissioners:
that necessary directions may kindly be issued to all concerned Assessing officers to kindly ensure that the figures of demand available with them are duly reconciled with the figures of CPCITR, Bengaluru. The exercise of reconciliation may kindly be completed by 31.10.2016 positively. The amount of modified demand may be reflected in columns no.2 to 6 of CAP-I which will be submitted on i-taxnet as per scheduled date i.e. 7th November 2016. In case the reconciliation cannot be made in full or in part, explicit reason for the same may kindly be communicated.