I-T Department identifies 67.54 lakh potential non-filers for financial year 2014-15

22 December, New Delhi

The Income Tax Department has identified an additional 67(point)54 lakh potential non-filers who carried out high value transactions in 2014-15 but did not file return of income for assessment year 2015-16.

An official release said, they have been identified after the IT Department conducted the fifth cycle of data matching.The Non-Filers Monitoring System (NMS) was initiated by CBDT, the policy making body of the Department, for identification of non-filers with potential tax liabilities.

It said, the Department will continue to pursue the non-filers vigorously till all the high potential non-filers are covered.The information relating to the identified non-filers has been made available in the ‘Compliance Module’ on the e-filing portal of the Department.

The information will be visible only to the specific PAN holder when they log into the e-filing portal. The PAN holder will be able to respond electronically and retain a copy of the submitted response for record purpose.