March 15, 2026

significant transactions

Faulty I-T notices trigger confusion, dept says ignore | India News – The Times of India

Faulty I-T notices trigger confusion, dept says ignore | India News – The Times of India

admin03 mins

NEW DELHI/AHMEDABAD: The Income Tax Department on Saturday urged taxpayers across the country to ignore emails that wrongly flagged “significant transactions” under its Advance Tax e Campaign for Assessment Year (AY) 2026 27. The advisory came after several individuals, including thousands in Gujarat, reported receiving notices that did not match their financial profiles. In a…

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Got a ‘significant transaction’ email? Income tax department says ignore it for now, fix underway – The Times of India

Got a ‘significant transaction’ email? Income tax department says ignore it for now, fix underway – The Times of India

admin02 mins

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…

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