NON FILERS - REASON TO WORRY

I-T dept to probe 1.2 mn non-filers

Those with valid permanent account numbers (PAN) and with high-value transactions but who have not filed income-tax (I-T) returns have reasons to worry even if they have not received any notice from the I-T department as yet.A senior I-T official said, of about 1.2 million selected, the department had planned to
cover 150,000 assessees in the first phase. It has already sent notices to 105,000 assessees. “This is only on a first cut pilot basis currently and all those in the list will be tackled systematically in due course,” said the official, requesting anonymity.He added the notices were being sent in a phased manner, as handling large number of assessees at one go was difficult, stressing that the number of notices sent this year was already much higher.