CBDT Accepts Over 99% I-T Returns, Says Finance Ministry

The Finance Ministry on Tuesday said that over 99% of the returns filed are “accepted“ by the Income Tax Department and only a minuscule number is taken up for scrutiny where the taxman has no discretion.“CBDT is already following a trust ba sed approach in tax administration.Over 99% of the tax returns filed by the taxpayers are accepted as such.“Less than 1% of the returns are selected through Computer Aided Scrutiny Selection in a non-discriminatory and non-discretionary manner,“ it said. The ministry today listed the accepted and implemented recommendations of the Tax Administration Reforms Commission (TARC) headed by Parthasarathi Shome. It said CBDT follows a collaborative and solution oriented approach.

The Economic Times, New Delhi, 02 March 2016

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