STOCK MARKET BSE NSE

I-T department issues notice to over 200 parents of medical students under management quota

I-T dept seeks clarity on their income conflicting with their filed returns

Published: 28th September 2016 03:46 AM  |   Last Updated: 28th September 2016 11:13 AM   |  A+A-

Notices

VIJAYAWADA: Income Tax department has issued more than 200 notices to the parents of students from Vijayawada who got admission in B category medical seats (management) in Andhra Pradesh and Tamil Nadu. The students were mainly from Vijayawada, Guntur and Prakasam districts. Their income is suspected to be more than Rs.10 lakh per month which attracts an income tax demand of 30 percent.

The IT officials confirmed issuing notices but would not reveal any details. “We have sent notices basing on information we have that some of them are filing tax returns which do not reflect their income properly. They have to substantiate their claims in their tax returns before September 30. After that, the department will act in accordance with law,” commissioner of Income Tax Sunil Kumar Ojha, said.

“We have no objection if the parents send their children to private medical colleges. What we are concerned is whether they have paid the Income Tax on the money they have earned. They would have to substantiate their claims that the income shown in the returns is true. There will, however, be no force, pressure or harassment from Income tax department but they will have to pay up if they have evaded paying tax,” Ojha added.

However, parents claim that they have not evaded paying tax. Some of them said they have not yet received notices and that they would respond if and when they receive them.

“We have not received any notice as such from Income tax department. We pay tax returns regularly and on time. We are not worried about the notices,” GS Rajababu, a parent.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp