CBDT identifies non-filers
(who enter into high value transactions and have potential tax liabilities but
have still not filed their tax returns ) through Non-filers Monitoring
System(NMS) by using Data Analytics (sourcing information from SFT statements, TDS/TCS
statements, foreign remittances details etc); Data analysis has identified
several potential non-filers who have carried out high value transactions in
Financial Year 2017-18 but have still not filed Income Tax Return for
Assessment Year 2018-19; Enables e-verification of these NMS cases, states that
Taxpayers can access information related to their case from the ‘Compliance
portal’ which is accessible through the e-filing portal of the Department,
re-iterates that "there is no need to visit any Income Tax office for
submitting response"; Requires non-filers to assess their tax liability
for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response
within 21 days; States that upon satisfactory explanation, matters will be
closed online, however, in cases where no return is filed or no response
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