State ignores directions for tax payers’ relief: KCCI

SRINAGAR: Kashmir Chamber of Commerce & Industry (KCCI) Thursday criticized the state for not adhering to New Delhi’s directions in providing relief to the flood-hit tax payers of the Valley.
In a press statement issued here, the body said its President Sheikh Ashiq met India’s Finance Minister Arun Jaitley to seek help in bringing relief to the victims.
Consequently, it said, several remedial measures were announced By New Delhi, aimed at sensitizing the Income Tax department to resolve grievances and difficulties faced by the tax payers.
“Measures like extension of date of filing returns, avoiding framing of high assessments, compassionate appreciation of tax payers who were not in a position to produce books of accounts, records or other documents, which were lost in the floods, were announced by the ministry through the department,” it said.
However, KCCI said the state was not implementing the directions.
“The reports emanating from the affected tax payers suggest that the local assessing authorities are not adhering to the directions of the Central Board of Direct Taxes while dispensing or assessing cases in the Valley,” it said.
The body said it convened a special meeting in which it resolved that “all efforts will be taken to alleviate the sufferings of the business community.”