As per the recent tweet of CNBC-TV18, Sources says the Central Board of Indirect Taxes & Customs (“CBIC”) has launched a fresh drive to ensure tax buoyancy.
- CBIC conducts internal analysis of taxpayers, return filing, tax payments
- CBIC’s internal analysis shows tax leakages at several points
- CBIC Chairman speaks to all principal chief commissioners to begin region-wise taxpayer analysis
CBIC Chairman to Field Formations
- Reconcile latest returns with past returns to check return filing status
- Approach top taxpayers of the region and scrutinise their returns, taxes paid
- Ensure business scale matches with declared return
- Initiate necessary enforcement measures in cases of massive tax avoidance
- Special focus on sectors such as: construction, real estate, metals, FMCG
Source from: https://twitter.com/CNBCTV18Live/status/1443130015390994432?s=19