Excelsior Correspondent
JAMMU, Jan 29: A delegation of Jammu Chamber of Commerce and Industry (JCCI) led by its president Rakesh Gupta called upon the Principal Commissioner of Income Tax, J&K Mona Singh, in her office chamber here today.
During the interaction the Principal Commissioner (IT) conveyed her serious concerns about drop in the non-filing of Income Tax returns, false claims for refund in lieu of TDS, sale and purchase of land through cash transactions and non- payment of tax on capital gains.
JCCI president assured the Principal Commissioner of Income Tax that as usual the business community throughout Jammu Province will be major contributor towards Income Tax and shall follow the same always. He also pointed out that because of the prevailing law and order situation the business and economy was at its worst and same should not be ignored while considering tax collection targets.
Gupta urged upon the Principal Commissioner that the business community as well as individual tax payers are caught up in an unusual situation which is being asked to use software on a computer which does not have proper hardware. He requested the Principal Commissioner to take up the matter of restoration of Internet connectivity throughout the Union Territory to enable the people at large to file their Income Tax returns and also to recommend to the Union Finance Ministry to urgently extend the dates for filing of all sorts of Income Tax Returns up to March 31, 2020.
The Chamber president also assured Principal Commissioner that a word of advice shall be sent through Chamber Office to heads of all affiliated business associations in Jammu and across Jammu Province to convey to their members to file the Income Tax returns at the earliest as soon as the Internet connectivity is restored.
Also present on this occasion were SK Sharma, Additional Commissioner of Income Tax, Rajesh Gupta, senior vice president JCCI, Rajeev Gupta junior vice president, Manish Gupta secretary general and Gaurav Gupta, secretary JCCI.
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