I-T dept chases taxpayers to recover Rs 5,000 cr

The income tax department has come across several cases where taxpayers have taken credit for payment of "self-assessment tax" without actually clearing the dues, resulting in arrears of around Rs 5,000 crore. "We are sending reminders at the moment, requesting them to clear the dues so that the tax returns can be processed," said a senior officer.

from Times of India http://bit.ly/2FG5wFa