PANAJI:
The Central government has claimed to have taken steps to handle grievances regarding the improper application of Section 5A of the Income Tax Act, pertaining to income attribution under the Portuguese Civil Code, during the processing of income tax returns.
“Applications in the form of Rectifications, CPGRAM and e-Nivaran, etc have been received on account of demand raised by Central Processing Centre on issues pertaining to the application of section 5A of the Income-tax Act, 1961 at the time of processing of Income Tax Returns. Rectifications have been carried out in these cases to settle the grievance of the assesses,” Union Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha.
Responding to an unstarred question raised by MP Sadanand Shet Tanavade, Chaudhary further stated that regular quality check meetings are held to evaluate the functioning of processing/Business rules and corrective fixes are made wherever considered necessary.
Tanavade has asked whether it has received complaints regarding the improper application with income attribution under Goa’s Portuguese Civil Code, during the processing of income tax returns, and measures for accurate application processing.
