The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to help taxpayers address discrepancies between the income and transactions reported in the Annual Information Statement (AIS) and those disclosed in Income Tax Returns (ITRs) for the financial years 2023-24 and 2021-22. The campaign also targets individuals with taxable income or significant high-value transactions reported in AIS who have not filed ITRs. This initiative is part of the e-Verification Scheme, 2021, aimed at ensuring tax compliance.
As part of the campaign, taxpayers and non-filers with mismatches have received informational messages via SMS and email. These messages remind individuals to file revised or belated ITRs for FY 2023-24 by December 31, 2024, and for FY 2021-22 by March 31, 2025.
Taxpayers can also provide feedback or dispute the information in their AIS through the AIS portal on the e-filing website. The initiative reflects the Income Tax Department’s commitment to using technology to simplify tax compliance and ensure transparency.
By leveraging third-party data, the department aims to create a more efficient and taxpayer-friendly system in line with the vision of Viksit Bharat. CBDT encourages all eligible taxpayers to file their returns and contribute to the nation’s economic development.