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CBDT directs taxmen to maximise collection efforts

CBDT chairman, Sushil Chandra has directed all Principal Chief Commissioners of Income tax to step up efforts to maximise tax collections. The growth in direct tax collections has been slow and unsatisfactory. The CBDT chief suggested targeted surveys, sale of attached properties by tax recovery officers to recover confirmed demand and filing prosecution complaints in courts against wilful defaulters who are evading payment of outstanding taxes. The taxmen have also been asked to verify advance tax payments and timely complete regular assessments in cases where demand is likely to be raised and collected during the current fiscal.

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