No good for the taxpayer who evades tax! CBDT began sending email-SMS to such taxpayers – India TV Hindi

revenue tax The division has began sending emails and SMS to these taxpayers whose tax paid through the present monetary 12 months just isn’t according to their monetary transactions. The division gave this data on Sunday. The division is operating an e-campaign. Its goal is to tell such people/entities by means of electronic mail (marked as Advance Tax e-Marketing campaign-Necessary Transactions for evaluation 12 months 2024-25) and SMS about vital monetary transactions, and ask them to pay their advance tax. It’s requested to calculate, pay the tax legal responsibility accurately and deposit the excellent advance tax on or earlier than March 15.

Control mismatched folks in monetary transactions

In a press release, the Central Board of Direct Taxes (CBDT) stated that the Revenue Tax Division has obtained sure data on particular monetary transactions undertaken by people/entities through the monetary 12 months 2023-24. CBDT stated, “Based mostly on the evaluation of taxes paid to this point through the present monetary 12 months, the division has recognized people/entities whose taxes for the monetary 12 months 2023-24 (evaluation 12 months 2024-25) are because of be paid by them. “Is just not in step with the monetary transactions carried out by.”

Division accumulating data from varied sources

It stated that is one other initiative of the division in the direction of strengthening its dedication in the direction of streamlining compliance for taxpayers and enhancing taxpayer companies. The Revenue Tax Division obtains data on specified monetary transactions of taxpayers from varied sources.

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