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Penal action against defaulters whose names made public by I-T dept: Jaitle

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Finance minister Arun Jaitley on Wednesday said the income-tax department would take penal actions only against those wilful defaulters whose names have been made public by tax authorities.
“The names of wilful tax defaulters have been published by the I-T department. There are about 63 names, subject to verification. These include persons who are not traceable. Action will be taken against them.”
Jaitley also said it would be wrong to club the names of wilful defaulters with those against whom the tax department has disputes.
The I-T department regularly comes out with a list of tax defaulters, with a view to ‘naming and shaming’ them.
The list, which is posted on the department’s website, includes names of defaulting individuals or entities, their last known addresses, Permanent Account Number (PAN), amount of arrears, last-known source of income, and the assessment years for which they have not paid their tax dues.
Hindustan Times New Delhi, 23th June 2016

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