INCOME TAX AWARENESS PROGRAMME HELD IN KULGAM | Tax admin, taxpayers need to eradicate black money from society: DC IT Srinagar

Srinagar, Nov 2: Deputy Commissioner (DC) of Income Tax (IT) Srinagar, Shakil Ahmad Ganie Thursday said that the tax administration and taxpayers need to join hands to eradicate the socio-economic evil of black money from society.

An official spokesman in a statement issued here said that addressing an awareness programme organised by the IT Department in collaboration with the Kulgam district administration at Kulgam, Ganie underscored the importance of the tax administration and the taxpayers in eradicating the socio-economic evil of black money from the country.
During the outreach programme, he interacted with the audience and emphasised the importance of income tax as the instrument of revenue mobilisation for socio- economic development of the nation.
Ganie thanked DC Kulgam, Bilal Mohiuddin Bhat, the chief guest at the event, for conducting the outreach programme.

The role of DDOs in making sure that no wrong refunds were claimed by the employees was also discussed and the audience was informed about the penal provisions of the IT Act in this regard.
The taxpayers were exhorted to be cautious and scrupulous while filing their ITRs to avoid penal consequences.
The provision and facility of filing Updated Returns (ITR-U) was also discussed with the audience that could be filed to correct any mistakes and avoid any future legal consequences.

Income Tax Officer (TDS), Karamvir highlighted the important aspects of the Income Tax Act, especially the TDS provisions of the Income Tax Act including the various penal provisions in case of defaults by DDOs and taxpayers.

Through the event, the DDOs were apprised of the importance of TDS, the filing of TDS returns, the importance of the tax regime, and their roles and responsibilities under the act.
The event witnessed enthusiastic participation by traders of the area, the DDOs, and other government employees.