CBDT committee to review 'naming, shaming' of tax defaulters

The CBDT is mulling expanding the scope of its policy of "naming and shaming" of tax defaulters by sharing such data with banks and credit-rating agencies.

The Board, which decides policy matters for the Income Tax Department, has ordered creation of a special committee to analyse the subject and review the existing mechanism and also suggest the future road map so that such delinquents, whose arrears or defaults run into multiple crores are identified, and prosecuted under tax laws.

As per the agenda given to the seven-member committee, headed by a principal director general-rank officer and constituted on May 25, it has to "review whether the policy of 'naming and shaming' in respect of confirmed defaulters of arrear has served its intended purpose and whether there is a need to expand its scope" in the Income Tax Department.

The terms of reference for the committee, accessed by

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)