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CAG flays I-T over Rs 4,500-cr tax arrears

By The Assam Tribune
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NEW DELHI, Dec 18 � The CAG has pulled up the Income Tax Department for not recovering tax arrears worth over Rs 4,500 crore from various entities due to a lack of coordination between two of its wings.

The government auditor, in its latest report tabled in Parliament, said it �found several cases where the Assessing Officers (AOs) did not communicate updated information relating to demands to Tax Recovery Officers (TROs).�

�We noticed 1,54,198 cases involving outstanding demands of Rs 4,543.83 crore where the demand was not transferred to the TROs inspite of non-recovery for more than one year,� the CAG report said. � PTI

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CAG flays I-T over Rs 4,500-cr tax arrears

NEW DELHI, Dec 18 � The CAG has pulled up the Income Tax Department for not recovering tax arrears worth over Rs 4,500 crore from various entities due to a lack of coordination between two of its wings.

The government auditor, in its latest report tabled in Parliament, said it �found several cases where the Assessing Officers (AOs) did not communicate updated information relating to demands to Tax Recovery Officers (TROs).�

�We noticed 1,54,198 cases involving outstanding demands of Rs 4,543.83 crore where the demand was not transferred to the TROs inspite of non-recovery for more than one year,� the CAG report said. � PTI

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