CBDT launched E-campaign under the e-Verification Scheme, 2021 to reconcile discrepancies between your AIS & ITR
Recently, CBDT has launched an e-campaign under the e-Verification Scheme, 2021 to help you reconcile any discrepancies between your Annual Information Statement (AIS) and your Income Tax Returns (ITRs).
Let us have a Short Overview of the Same:
1. Mismatches Detected:
The CBDT has identified mismatches in the income and transactions reported in your AIS compared to what’s declared in your ITR for FY 2023-24 and FY 2021-22.
2. Notifications Sent: Taxpayers have likely received an SMS or email if there’s a mismatch. Check your inbox!
3. Action Needed:
– For FY 2023-24: File your revised or belated ITR by December 31, 2024.
– For FY 2021-22: Submit your updated ITR by March 31, 2025.
4. Steps to Take:
1. Log into the E-filing portal: Use your credentials to access your account.
2. Check your AIS: Look for any discrepancies highlighted.
3. File or Update Your ITR:
– If you haven’t filed yet, file now.
– If you’ve already filed, consider filing a revised return for FY 2023-24 or an updated return for FY 2021-22.
The copy of the scheme is as under:
