Know About Income Tax Department - Certificate of Appreciation

Finance Guru Speaks: As a very surprising step, Income Tax Department has started to issue "Certificate of Appreciation" for acknowledging Individual Tax Payers contributions towards paying taxes within the prescribed time and prompt filing of Income Tax Returns.

This step marks the first effort by the Government to directly communicate to the tax payer its appreciation for their contribution towards Nation Building.

CBDT has started sending out this certificates to individual tax payers by e-mail in various  categories on the basis of the level of taxes paid by them for the current Assessment Year 2016-17  where taxes have been paid in full and tax payers have no outstanding tax liabilities and where the return is e-filed within the prescribed due date.

Income Tax Department Certificate of Appreciations are divided into below categories:-

1. Platinum : Tax contributed Rs 1 Crore and above 
2. Gold : Tax contributed Rs 50 Lakh to Rs 1 Crore
3. Silver : Tax contributed Rs 10 Lakh to Rs 50 Lakh
4. Bronze : Tax contributed Rs 1 Lakh to Rs 10 Lakh

Below is the Bronze Certificate of Appreciation released by Income Tax Department :-

CBDT - Income Tax Department - Certificate of Appreciation
CBDT - Income Tax Department - Certificate of Appreciation

The CBDT urges taxpayers to e-file their returns in time and verify their return by submitting the Electronic Verification Code online or sending their ITR-V within the 120 day period so that they can be also acknowledged for their contribution.

Images Courtesy: Income Tax Department, India

  Please share this article over social networks. For more Learning, Please visit "At A Glance" Section.

1 comment:

  1. Hi Kshitij,

    Thanks for visiting this website. This certificates are issued by IT Dept. to the Tax payers. As a Tax payer, we don't have any control on whether we will receive it or not. All you can do is to file your IT returns regularly on time and pay Self Assessment Tax if any.

    Team Finance Guru


Thanks for your interest. Keep visiting.

Finance guru Speaks

Subscribe for Free

Enter your email address:

Delivered by FeedBurner

FeedBurner will send a confirmation email on your provided Email address. Click the Activation link present in the received Email to start your subscription.