February 27(Punjab Khabarnama): The tax body has released an on-screen functionality on the e-filing portal for taxpayers to furnish their response.
The Income Tax department has released an on-screen functionality on its e-filing portal for taxpayer’s response, after identifying what it said were ‘mismatches’ between income tax returns (ITRs) filed by taxpayers and the information received from third parties on interest and dividend income.
“At present, the information mismatches relating to Financial Years 2021-22 and 2022-23 have been displayed on the Compliance portal. The taxpayers are also being made aware of the mismatch through SMS and emails as per details available with the Department,” it said in press release.
Also, in several cases, the ITRs have not even been filed, the statement noted.
As per the IT department, the on-screen functionality is ‘self-contained’ and people can reconcile the mismatch on the portal itself by furnishing their response.
