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I-T dept to set up data centre to check tax evasion

Posted Date : 25-Apr-2014 , 03:43:28 pm | Posted By CASANSAAR print Print

To fasten the process of identifying tax evaders, the Income Tax department has decided to set up a major data centre of such classified information on the lines of the existing two such centres on e-filing and TDS information.

 

The new office which has been named Centralised Processing Cell-Compliance Management (CPC-CM) will have its base in the national capital and a dedicated workforce, drawn from the department, will man it.

 

The CPC-CM is an ambitious project of the Central Board of Direct Taxes (CBDT) aimed at enabling the I-T department to use technical data to check cases of non-compliance and non- filers of taxes.

 

The project has been planned under the business intelligence project initiated by the CBDT to enable the taxman move from physical verification of a taxpayer to a smart approach of data-based monitoring and checking.

 

"The aim is to basically ensure voluntary compliance by taxpayers through the use of intelligent data at the disposal of the I-T department," a senior official involved in the project told PTI.

 

To bolster the investigative and enforcement skills of the I-T officials, the CPC-CM will have the entire database of the Permanent Account Number (PAN), reports generated by financial snoop agencies and the full assortment of letters and notices issued to non-compliant taxpayers, their replies and the final action in the new centre.

 

"The I-T department has already created two CPCs which have been running successfully. The first is for capture of e-filing data of taxpayers based in Bengaluru and the second is for hosting Tax Deducted at Source (TDS) data in Ghaziabad," the official said. (PTI)

Category : Income Tax | Comments : 0 | Hits : 439

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