TAMBARAM: To cater to the increasing needs of assesses, both individual salaried classes and the business and commercial establishments, the Income Tax Department has opened a new office of the Business Range in Tambaram.
P.P. Srivastava, Chief Commissioner of Income Tax, Chennai, inaugurated the new office, located on Ramaswamy Street, West Tambaram, on Thursday evening. Speaking on the occasion, he said till now, both salaried sections and business and commercial establishments approached a common office on Mudichur Road.
The department had set up the new office (business range) for the business and commercial establishments, Mr. Srivastava said. There were 1.8 lakh assessees in Tambaram Range that comprised areas including Chromepet, Pallavaram, Meenambakkam, Guindy, St. Thomas Mount, certain areas of north Chennai, including Ennore and Manali and many adjoining areas of Kancheepuram district.
Of this number, 1.16 lakh assessees were salaried section, while the rest were business houses. The number of assessees in both sections had increased considerably in the past few years, Mr. Srivastava said, adding that the number of Income Tax returns filed in the last financial year was 1.56 lakh with a budget collection of Rs. 105 crore for the same period.
They anticipated more business in the years from both salaried sections and business sections especially with industrial growth around Oragadam and Sriperumbudur areas, Mr. Srivastava said. R.N. Tripathi, Chief Commissioner of Income Tax, Chennai (IV), H.K. Choudhary, Commissioner of Income Tax, Chennai (VII), S.R. Raja, Tambaram MLA and E. Mani, Tambaram Municipal Chairman, spoke.