Only 13 lakh people pay Income Tax in Madurai Region

Income Tax awareness program at TN Chamber in Madurai on 28th Jan 2020.

MADURAI: In Madurai region, 62 lakh persons have PAN cards and only 13 lakh people pay Income Tax. Assesses should come forward to pay the taxes correctly and promptly.

This was the appeal made by Mr.Rajiv Vijay Nabar, Chief Commissioner of IT, Madurai, while speaking as chief guest at an awareness programme on ‘Income Tax Compliance and Income Tax Returns- refund and grievances’ organized by Tamil Nadu Chamber of Commerce and Industry in association with IT Commissionerate in Madurai on 28th January 2020.

Madurai Income Tax Commissionerate with jurisdiction over 10 southern districts covering 1.7 crore population had last year collected Rs.2,000 crore as Income Tax as against the target of Rs.2,300 crores. For this financial year, already Rs.1,206 crore was collected out of the target of Rs.2,418 crores. The revenue growth percentage is growing in Madurai.

He said that the CBDT had established a central processing centre at Bangalore for IT returns and more than 95 per cent of assessees have obtained refunds due to them within 15 days.

Earlier, Mr.N.Jegatheesan, Chamber president, in his welcome address had insisted that there should not be delay in giving IT refunds. He wanted a Bench of Income Tax Appellate Tribunal in Madurai.

Senior president Mr.S.Rethinavelu has said that there must be dos and don’ts during inspections and IT raids. Chamber secretary Mr.J.Selvam proposed a vote of thanks.   

Leave a Reply