Income Tax Department is sending high value transaction messages and email to taxpayers. This message is sent in both cases whether taxpayers already filled income tax Return or not filled income tax return. Below is the message:
Now if you also received this message than do below steps:
Step 1: Login to www.incometax.gov.in, click on pending actions > Compliance Portal
Step2: Click on e campaign
Step 3: Cheque information showing in different tabs and check data on which e symbol is given:
Step 4: click on e symbol, you will see a tab named expected
Step 5: Clicl on Expected and submit your response from options given in drop down list or if you missed any such details to show in ITR then file revise return before 31 December
Also Income Tax Department Tweeted for High value transactions message and Email:
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Regarding high value transaction, e-campaign. At the time of filing ITR, few dividends were not reflected in AIS / 26AS. Now it is visible and IT department is asking to approve it by sending e-campaign emails. So, tax liability automatically increases. The email received after December 31, 2023. After accepting correction in compliance portal, tax liability increases. Now email received on January 3, 2024 after date for filing revised return is gone. What is to be done? Why tax payers are informed after the due date?? Please guide in this matter.