CBDT ALERTS ASSESSEES OF FY24 TAX MISMATCHES VIA EMAIL, SMS
Why in the news?
Income Tax Department alerts taxpayers of FY24 tax discrepancies via email/SMS urging correct tax computation and deposit by March 15.
About Emails and SMS Notifications:
- The Income Tax Department is notifying taxpayers via emails and SMS about tax mismatches for FY 2023-24 (AY 2024-25).
- Taxpayers are encouraged to rectify discrepancies by computing and depositing due advance tax by March 15.
source:slideserve
About CBDT(Central Board of Direct Tax):
● Statutory body under Central Board of Revenue Act, 1963. ● Part of Ministry of Finance, India. ● Formulates direct tax policies, oversees tax collection. ● CBDT comprises a Chairman and six members. ● Members have specialised functions like Income Tax, Legislation, Revenue, Personnel & Vigilance, Investigation, and Audit & Judicial. |