Participants with Income Tax dept representatives and BAN members during the outreach programme on e-Verification, STF held at Hotel Acacia on August 11.
DIMAPUR, AUGUST 13 (MExN): An insightful and interactive outreach programme aimed at fostering tax awareness and promoting compliance, particularly focusing on e-Verification and Statement of Financial Transactions (SFT), was successfully conducted on August 11 at Hotel Acacia in Dimapur. This initiative was organized by the Directorate of Income Tax (Intelligence & Criminal Investigation), Guwahati, in collaboration with the Business Association of Nagas (BAN).
A press release issued by BAN said the primary objective of the programme was to empower taxpayers with a comprehensive understanding of the e-Verification Scheme, 2021, a critical aspect of tax compliance in the modern digital landscape.
Addressing the gathering, N. Jungio, Director, Income Tax (I&CI), Guwahati articulated the core principles and significance of the e-Verification Scheme, 2021, while also shedding light on the provisions of exemption u/s. 10(26) of the Income Tax Act, 1961. He emphasized the importance of prompt compliance with notices received from the Income Tax Department, elucidating both the potential consequences of non-compliance and the manifold benefits of timely Income Tax Return (ITR) filing.
The event saw participation from members of the BAN, the Dimapur Chamber of Commerce and Industries, along with presence of Chartered Accountants and those in business.
Furthermore, the presence of senior officers from the Department, representing both Jorhat and Dimapur, further enriched the dialogue and provided valuable insights, the press release informed.
During the engaging and interactive session, participants had the opportunity to seek clarifications on intricate tax-related matters.
The successful event was a testament to the collaborative efforts between the Income Tax Department and stakeholders such as BAN. Such initiatives, aimed at fostering tax awareness and providing a platform for meaningful dialogue, significantly contribute to building a more informed and compliant taxpayer community, the press release stated.
