Union Minister of State for Finance (Revenue) S.S. Palanimanickam reviewed the performance of officers of Visakhapatnam region of the Income Tax Department.
During his visit on Wednesday, he appreciated the efforts being made by the officers and staff of the region towards maximising the revenue collections.
The overall net collection of the region was Rs.1,567.4 crore as on February 9 as against Rs.13,336.4 crore during the corresponding last year with a 17 per cent growth in net collection. The officers conducted 71 surveys leading to offering of undisclosed income of Rs.347.75 crore. In 31 cases of tax deduction at source (TDS), led to detection of shortage in deduction or failure to pay Rs.33.48 crore.