Over 2 lakh non-filers filed ITR in FY'18, paid Rs 6,416 cr tax

"As a result, returns were filed by 2.09 lakh of such identified non-filers who have paid self-assessment tax of Rs 6,416 crore," Shukla said.

Over 2 lakh non-filers filed ITR in FY'18, paid Rs 6,416 cr tax
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As many as 2.09 lakh 'non-filers' filed income tax returns in last fiscal and paid taxes worth Rs 6,416 crore, Minister of State for Finance Shiv Pratap Shukla said today.

In a written reply to a question in the Rajya Sabha, he said the I-T department issued notices to 3.04 lakh persons who had deposited cash of more than Rs 10 lakh post demonetization but had not filed their return of income till the due date.

"As a result, returns were filed by 2.09 lakh of such identified non-filers who have paid self-assessment tax of Rs 6,416 crore," Shukla said.

He said sustained non-intrusive campaign the last fiscal led to 18 percent jump indirect tax collection to Rs 10.03 lakh crore. Also, a collection of personal advance tax and personal self-assessment tax grew 23.4 percent and 29.9 percent respectively.

Besides, Enforcement Directorate has registered 37 cases under the provisions of Prevention of Money Laundering Act, 2002, in connection with the irregularities relating to the demonetization.

"Investigations in these cases resulted in attachment of properties worth Rs 144.71 crore and seizure of gold weighing 7.538 kg. Moreover, 18 persons were arrested under the provisions of PMLA, 2022, in connection with irregularities relating to demonetization," Shukla said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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