SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Income Tax India: IPR non-compliance may lead to disciplinary action for Group 'A' and 'B' officials

#Taxation & Finance News#India
Last Updated : 29th Jan, 2025
Synopsis

A large number of Group 'A' and Group 'B' Income Tax officials are yet to submit their Immovable Property Returns (IPRs), with the deadline for filing set for January 31, 2024. As of earlier this year, over 10,000 officials were still to complete the process. The Central Board of Direct Taxes has advised officials to file their returns well before the deadline to avoid technical issues caused by heavy traffic on the SPARROW portal. Failure to submit IPRs by the due date can result in several administrative consequences, such as denial of vigilance clearance and training opportunities.

A significant number of Group 'A' and Group 'B' officials in the Income Tax Department are yet to file their Immovable Property Returns (IPRs), despite the deadline of January 31, 2024. As of earlier this year, over 10,000 officials were still to file their returns. According to a communication from the Central Board of Direct Taxes, there is frequent heavy traffic on the SPARROW portal towards the deadline, which often leads to technical difficulties and stress for employees. The Board has strongly recommended that officials file their IPRs well in advance to avoid these issues.


Under the Central Civil Services (Conduct) Rules, all government servants holding Group 'A' or Group 'B' positions are required to submit an annual return with detailed information about their immovable properties. These include properties inherited, owned, acquired, or held on lease or mortgage, whether in their name or in the name of a family member or another person. The return must be filed by January 31 of the subsequent year.

An office memorandum from the Department of Personnel and Training (DoPT) has outlined that failure to submit the IPR by the deadline will result in the denial of vigilance clearance, ex-India study leave, appointments to sensitive positions, and other opportunities, including training and voluntary retirement schemes. Additionally, an office order from the Central Vigilance Commission has emphasised that non-filing of property returns constitutes a valid reason for initiating disciplinary action against delinquent officials.

Timely filing of Immovable Property Returns (IPRs) by Group 'A' and Group 'B' officials in the Income Tax Department is essential to avoid administrative repercussions. With the deadline for submission approaching, authorities are urging employees to submit their returns ahead of time to prevent delays caused by technical issues. Non-compliance with the rules can lead to the denial of various privileges, including promotions, training, and retirement benefits. The government has made it clear that failure to meet the deadline could lead to disciplinary action, making it imperative for officials to adhere to the regulations.

Have something to say? Post your comment