Got a ‘significant transaction’ email? Income tax department says ignore it for now, fix underway

Got a ‘significant transaction’ email? Income tax department says ignore it for now, fix underway

The Income Tax department on Saturday asked taxpayers to ignore emails, if any, received alerting them about ‘significant transactions’ as part of the Advance Tax e-campaign.In a post on X, the Central Board of Direct Taxes (CBDT) said certain taxpayers have received emails containing inaccurate details regarding ‘significant transactions’ undertaken by them under the ongoing Advance Tax e-Campaign for AY 2026-27 (financial year 2025-26).“We are actively working to resolve this matter in coordination with our service provider. In the meantime, taxpayers are requested to kindly ignore the earlier email communication related to the Advance Tax e-Campaign for AY 2026-27 (Financial Year 2025-26),” the CBDT said.March 15 is the last date for payment of the fourth instalment of advance tax for the 2025-26 fiscal.The board clarified that the communications are meant as facilitative reminders to help taxpayers review relevant financial information available on the Compliance Portal and, where required, ensure appropriate advance tax compliance.It advised taxpayers to verify their transaction details through the e-Campaign tab on the Compliance Portal, accessible via the e-Filing portal.

  • Related Posts

    Has oil crisis Trumped US? Inside the war-time paradox of fighting Iran and funding its crude

    The United States is fighting Iran on the battlefield, and turning to its oil to keep the global economy afloat. As war in the Middle East chokes supplies through the…

    Dalal Street sees massive bloodbath as Middle East tensions intensify, what should investors do? Here’s what NSE’s Harish Ahuja says

    Global markets have been on a bit of a roller-coaster ride lately, shocked by the ongoing Middle East conflict, which has now entered its fourth week. Just by Thursday, he…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    UPTET registration window to open on March 27: Check steps to apply here

    UPTET registration window to open on March 27: Check steps to apply here

    Rashmika Mandanna and Vijay Deverakonda jet off to Thailand to enjoy a quiet Koh Samui getaway in private villa | Telugu Movie News

    Rashmika Mandanna and Vijay Deverakonda jet off to Thailand to enjoy a quiet Koh Samui getaway in private villa | Telugu Movie News

    7 things women find attractive in a man, reveals dating expert

    7 things women find attractive in a man, reveals dating expert

    Aries, Weekly Horoscope, March 22 to March 28, 2026: Week ignites your drive, pushing long-term family goals

    Aries, Weekly Horoscope, March 22 to March 28, 2026: Week ignites your drive, pushing long-term family goals

    ‘Moral cowardice’: Congress slams Centre as Middle East war enters third week, poses 4 questions to PM Modi | India News

    ‘Moral cowardice’: Congress slams Centre as Middle East war enters third week, poses 4 questions to PM Modi | India News

    Why Kerala’s ‘semi-final’ verdict has put Left on red alert ahead of April 9 polls | India News

    Why Kerala’s ‘semi-final’ verdict has put Left on red alert ahead of April 9 polls | India News