Sunday, March 16, 2025 | 01:26 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

On the cards: Automated reconciliation system to plug I-T mismatches

No documents needed; dept won't send notice

income tax
Premium

Manojit Saha Mumbai

Listen to This Article

The income-tax (I-T) department is set to launch a screen-based automated reconciliation system for plugging mismatches
between returns filed by taxpayers and information processed by the department. In some select cases, people who did not file I-T returns (ITR) can use the automated reconciliation facility.

In the first phase, information mismatches related to financial years 2021-22 and 2022-23 will be considered. Sources said no notice needed to be issued for this, and the I-T department would send alerts through SMS and email to taxpayers where mismatches were identified.

Taxpayers can log in to their e-filing account and access the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in