CBDT issues second round of Certificates of Appreciation to honest taxpayers!

In its 1st Round, CBDT had issued such certificates to 8.43 lakh individual taxpayers by e-mail on the basis of the taxes paid for the A.Y. 2016-17. In continuation of the initiative, CBDT has started issuing the second round of certificates to another 10.15 lakh taxpayers. There are four categories for issuing letter of appreciation:

i. Platinum : Tax contributed Rs. 1 Crore and above ii. Gold : Tax contributed Rs. 50 Lakh to Rs. 1 Crore iii. Silver : Tax contributed Rs. 10 Lakh to Rs.50 Lakh iv. Bronze : Tax contributed Rs. 1 Lakh to Rs.10 Lakh

While the earlier set of certificates had mostly included individuals who e-verified their returns, the second phase will cover those who have filed their returns within the due date and their ITR-V has been received well before the 120 day period

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