Half of PAN cardholders do not file IT returns

Font Size -

Express news service

Posted online: Friday , April 11, 2008 at 02:20:46
Updated: Friday , April 11, 2008 at 02:20:46

Kolkata, April 10 In a significant revelation, nearly half of the total PAN cardholders do not file their Income Tax returns in the state.

Of the forty-nine lakh PAN cards issued in Kolkata till date, the number of tax assesses were significantly lower at 25 lakh.

The Income Tax (IT) department, however, attributed it to the growing trend of issuance of PAN cards to students and non-tax payers.

"The PAN card is an important document and even students these days have them," said TK Chatterjee, Chief Commissioner of IT.

The department has, however, another thing to cheer about. The Income Tax collection in West Bengal --- the area under consideration also includes Andaman and Nicobar Islands and Sikkim --- has overshot its target by 25 per cent but this is less than the national average of 30 per cent. Last year, the IT collection was Rs 9,770 crore but this year the department notched up a figure of Rs 12,099 crore. Kolkata alone accounted for Rs 11,500 crore as IT collection. The TDS growth has increased by 55 per cent than the previous year. “The economic buoyancy is definitely a reason for the higher IT collection,” Chatterjee said.

Bookmark this Page

What is this?

Digg

On Digg, users share intersting online content by submitting links to the site. At that point, the Digg audience can vote on whether or not they think it is interesting. Articles with lots of votes, or "diggs," rise up higher on the site's main page and topical subsection pages. Another form of social sharing, this site also lets users categorize the content they are submitting to Digg and label it with descriptions of up to 350 characters. Digg users can also submit comments on each content item submitted to the site.

To register, go to: http://digg.com/register

del.icio.us

At its most basic level, del.icio.us allows users to save their bookmarks online. Del.icio.us also gives users the ability to "tag" their bookmarks with descriptive category names. For example, someone who has bookmarked multiple Web pages that deal with the Washington Nationals baseball team could tag those links with any terms they want, like "baseball," "nationals," "natsfan," etc.

As members of a "social bookmarking" community, del.icio.us sers can also see how many other people have bookmarked the same pages, and they can look at those users' bookmark collections to find other interesting online content.

To register, go to: http://del.icio.us/register

Reddit

Reddit allows users to submit news articles and other online content to the site. Users also give articles a thumbs-up or thumbs-down. Reddit then uses those votes to build a user profile and to find articles to recommend to you. Users can also submit comments on items posted to the site.

To register, go to: http://reddit.com/login

Digg

My Yahoo

Fark

del.icio.us

Newsvine

Rate this Article

Rating

Post Comments

Name*		Email ID*
Subject*		Country*
Message*	Characters remaining

TERMS OF USE: The views represented here are not neccesarily endorsed by www.expressindia.com and its allied websites. All messages will be moderated and no message that has inflammatory, abusive, derogatory language or any language deemed unfit for publication by the editor will be displayed. Though it will be endeavoured that as many messages as possible be displayed, there will be time lag between the submission and publication of the messages. The website reserves the right to publish or reject any message.

I agree to the terms of use.