The Central Board of Direct Taxes (CBDT) has begun issuing formal notices to companies that have failed to comply with statutory tax obligations, including non-filing of income tax returns, mismatch in disclosures, failure to deduct or deposit TDS, and late audit report submissions. This action is part of an intensified enforcement campaign aimed at ensuring adherence to the Income Tax Act and curbing persistent defaults across sectors. Companies flagged through automated data analytics and cross-verification with GST, MCA, and TDS filings have been prioritized for review.

The notices cite specific violations, such as non-submission of Form ITR-6, discrepancies in turnover figures between GST and ITRs, missing TDS returns (Form 24Q/26Q), and failure to respond to earlier compliance alerts. Companies are instructed to respond within the stipulated time frame, failing which they may face prosecution proceedings, penalties under Sections 271F, 271H, or even best judgment assessments under Section 144. The CBDT has also warned that repeated non-compliance will result in stricter consequences, including the blocking of refunds and the denial of carry-forward losses.

Tax professionals and company officials are advised to review their compliance status immediately, reconcile financial data, and file any pending returns or corrections. The notices serve as a reminder of the increasing use of digital tools by the tax department to enforce accountability and transparency. This enforcement action reflects the government’s commitment to building a cleaner, more disciplined corporate tax ecosystem, where habitual non-compliance is swiftly identified and addressed.