The Income Tax Department is launching an e-campaign to remind individuals and entities with significant financial transactions to pay their advance tax for FY 2023-24. Information gathered from various sources, including the Annual Information Statement (AIS), has identified taxpayers whose tax payments don't align with their financial activities. Those targeted will receive emails and SMS messages urging them to calculate and deposit their advance tax by 15th March 2024.
Through e-campaign, persons/entities carrying out significant financial transactions will be informed through email/SMS to urge them to compute and deposit their due advance tax on or before 15.03.2024
The Income Tax Department has received certain information on specific financial transactions undertaken by persons/entities during Financial Year(F.Y.) 2023-24. On the basis of analysis of the taxes paid so far during the current financial year, the Department has identified such persons/entit
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FAQ :
The e-campaign is an initiative by the Income Tax Department to inform individuals and entities with significant financial transactions about their advance tax liability for the Financial Year 2023-24.
The campaign targets persons and entities who have made significant financial transactions during FY 2023-24, and whose tax payments are not commensurate with these transactions.
Targeted taxpayers will be notified through email (marked as 'Advance Tax e-Campaign-Significant Transactions for A.Y. 2024-25') and SMS.
The due advance tax must be computed and deposited on or before 15th March 2024.
You can view details of significant transactions by logging into your e-filing account, navigating to the Compliance Portal, and accessing the 'e-Campaign' tab.
If you are not registered, you need to register yourself on the e-filing website first. After successful registration, you can log in and access the Compliance Portal to view your significant transactions.