IT dept conducts Refund Week !!

The Income Tax Department will conduct ‘Refund Week’ here from June 22 to 26, according to Chief Commissioner of Income Tax, Coimbatore, Arvind Pinto.He told presspersons here on Friday that tax-payers who had grievances on non-receipt of refund could visit the respective assessing officer with an application during the week.

The application should have the name and address of the tax-payer, PAN number (and the PAN card for easy identification), copy of the returns filed indicating the receipt number and the assessment year.Eligible applications would be processed on the same day or in a maximum of 15 days. A help desk would be available on the ground floor to assist the tax-payers regarding the assessing officers. Similar camps would be held in other places in the region depending on the response here, he said.

Mr. Pinto said the department was yet to process a majority of the returns for assessment year 2008-2009. This would be completed by March next.The computers were now connected to a central server and this had enhanced connectivity.With this advantage, Mr. Pinto was hopeful that processing would be faster. Tax-payers who had grievances regarding the assessment year 2007-2008 or earlier could submit the application at the camp. This was the first time that such a camp would be held here.

Coimbatore had about three lakh assessees in Coimbatore, Tirupur, Erode and the Nilgiris districts.The department’s tax collection here in 2007-2008 was Rs. 1,762 crore. In 2008-2009, it was Rs. 1,796 crore as against the target of Rs. 2,023 crore.Textiles and textile machinery sectors had witnessed a slowdown last year. However, this year, foundries, pumps and textiles were showing signs of revival. The tax collection target for this year for the region was Rs. 1,923 crore.

The tax-payers here included individuals, corporates, partnership firms and the salaried.

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