I-T Dept to monitor advance tax payments by companies

I-T Dept to monitor advance tax payments by companies

In a move to ensure companies do not defer their tax liabilities for the financial year, the income-tax department has decided to keep a close watch on advance tax payments by analysing India Inc's annual and quarterly balance sheets, as...

by Nagpur Today | Published 2 years ago
I-T Dept to monitor advance tax payments by companies
By Nagpur Today On Tuesday, May 30th, 2023

I-T Dept to monitor advance tax payments by companies

In a move to ensure companies do not defer their tax liabilities for the financial year, the income-tax department has decided to keep a close watch on advance tax payments by analysing India Inc's annual and quarterly balance sheets, as...