Indian Economy News

Odisha govt woos Delhi-NCR investors in agri-marketing

  • PTI
  • October 10, 2018

Guwahati: The Central Board of Direct Taxes (CBDT) has designated the Court of Munsiff No-3, Kamrup (Metro) in Guwahati to handle all prosecution cases of the North Eastern Region (NER).

As a result, many prosecution cases filed at different stations are being transferred to this designated court, an official release said on Wednesday.

The TDS wing of the Income Tax Department, NER, has, apart from conducting seminars and workshops to spread tax awareness, also prosecuted habitual TDS/TCS defaulters who deduct or collect tax but do not pay to the Centre.

`Such defaults not only delay the revenue but also create severe problems for individual taxpayers who face demand notices due to non-credit of their TDS, it said.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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