Monday 9 July 2018

Filing of Returns who is having income more than Rs.2,50,OOOis bound to file Orders.

Sub: Filing of Returns by every Government Servant - Reg:
As you might be aware, every person who is having income more than Rs.2,50,OOOis bound to file his/her return'nceme.

 This includes the Government Servants also. However, the data of returns filed indicate that more than 50%of the Government Servants at Chennai are not filing their income tax returns. I hope, you will agree that as governmentservants, we should abide by laws and to be role models to the common citizens of our country. If we, Governmentservants ourselves are violating law by not filing our income tax returns, we don't have any moral right to blame othersections of society!

Filing of Returns who is having income more than Rs.2,50,OOOis bound to file Orders.

From this year l.e Assessment Year 2018-19 onwards, the Parliament has amended the Income Tax Act by
introducing a new section 234F for imposing late fee on every person who is not filing his/her return of income within
the due date. For salaried employees, the due date is 31-07-2018. This means all the salaried employees have to file
their returns of income for the Financial Year 2017-18 (Assessment Year 2018-19) on or before 31-07-2018. Otherwise
they all mandatorily have to pay late fee amounting between Rs.1,OOOto Rs.10,OOOas per the provisions of Section
234. Also, a penaJty of Rs5,OOO {:;}f} be imposed under se£t}on 271fon them. In 3dditi-on to this, th€y £ID be prosecuted
under section 276CC of the Income Tax Act for jail termsvarying between three months to seven years.
It may please be noted that these provisions are applicable to all the persons having gross income (excluding
dF'~'Jctions) above RS;,2,50,00Q/-.It is understood that many persons who are claiming deductions under section SOCetc.
(on GPF{;ootrfuutloo, Uf~ lnsUf~ce Po!·j.des,Hcusm-g Loan RepaYffi.."Ht etc.) aM ad}ustffi.."Ht of interest 00 Housing loan
are under the impression that they need not file the return as their net income is below taxable limit and no TDS is
deducted from their salary.
Therefore, I request you to kindly intimate and advice all the employees to whom the gross salary paid in the
last ~r ls more than Rs.2,SO,OOOtome tr-tclr retu·ms {)fffi-l;ume before U!J7-2-018.It w,.a'y'<NSObe notoo that all the
incomes earned by an employee such as rental income (including subletting of house/s), interest incomes, dividend from
Co-operative societies and all such incomes should be declared in their returns of income. later, if found to have
omitted any such incomes, they are liable for separate penalty and prosecution for concealing those incomes.
A -copyof trrl5 1ater may be handed over to each of YOllfemp~ees whO' -draw their salary thmugh you. You may
also discuss this issue with the Head of your Office/Department and request him/her to issue a circular to all the
employees to file their return of income well in time.
In case of any clarification or suggestions, you may please contact the following Officers: Joint Commissioner
Smt. Sumathy V~kataraman (87£2300298), Assistant CO/ThTrl5SN:H'l€f Ms. N.Ab-h+naya {8939744880}, Srnt. Priya
Ramakrishnan, ITO (9445954906), Shri Sundaramurthy, ITO (9445955554), Smt. Malarvizhy Kujur ITO (9962383336) or
Shri V.Baladandayutham, iTO (9445954896).
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