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Tracking of High Value Transactions by Income Tax Department; Additional Tax of ₹ 4733.61 Crore Collected and 30,68,662 New Returns Filed due to Non-Filer Monitoring System (NMS)

Dated:- 13-5-2015 - During the year 2013, 2014 and 2015 (up to 31.3.2015), Income Tax Department has through its Non-filer Monitoring System (NMS) identified 12.9 lakh, 22.09 lakh and 44.09 lakh cases respectively, as non-filers of return, though hav .....

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undeway and similar exercise is also planned to be undertaken in the current financial year. While identifying non-filers of return through NMS, the Income Tax Department analyses and assimilates all in-house information as well as transactional data .....

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