इंडियन आवाज़     05 Dec 2023 10:08:15      انڈین آواز

No need to file IT return if your income below 5 lakh

Addressing the 27th Annual Conference of Chief Commissioners and Directors General of Income Tax here the Finance Minister Pranab Mukherjee on Tuesday said that this would apply in 2011-12 assessment year for the income earned in 2010-11. He said that a notice to this effect is being brought out soon.

Mukherjee said that towards better taxpayer services, this year the IT department has introduced simple and user friendly SAHAJ (Form) for individual salary tax-payers.   He said that he has also introduced SUGAM for small tax-payers availing presumptive tax scheme.

He said that Electronic Filing of tax returns and electronic payment of taxes is encouraged.  However, he said that a lot more remains to be done. Mukherjee said that there are a large number of grievances pertaining to tax refunds and credit of TDS, which needs to be attended on urgent basis.  “While the Department has adopted Information Technology at a large scale, it needs to further improve the quality of delivery of services by streamlining its systems” he said adding that to introduce a ‘Zero grievance regime’, it is essential that there is an adoption of integrated approach in dealing with tax-payers. The geographical distribution of jurisdiction of Department in India is irrelevant to   tax-payers, he said.

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