ITR e-Verification: The income tax filing season is about to start and to encourage voluntary tax compliance and facilitate a transparent and non-intrusive tax administration, the Income Tax Department (ITD) recently tweeted about e-Verification Scheme, 2021.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

According to a recent tweet of ITD, 68,000 cases from FY 2019–20 were selected for e-Verification on a pilot basis and approximately 35,000 cases of were completed, stated a Press Information Bureau press release.

https://eportal.incometax.gov.in). 

Usually, one also gets an alert through SMS on their registered mobile phone and registered email address.

The steps involved in accessing the notice and filing the response electronically are: 

Step 1: Taxpayers can log in to the e-filing portal by using the URL https://eportal.incometax.gov.in/ Step 2:Go to “Pending Actions” tab, click on “Compliance Portal” and select “e-Verification” 

Step 3: Click on applicable Financial Year 

Step 4: Click on the 'DIN' to download the notice. 

Step 5: Click on 'Submit' link to provide the response. 

Step 6: Enter the remarks, attach the supporting document, and click on "Submit" to submit the response to the notice. 

What should taxpayers do if their transaction is incorrectly recorded or which does not pertain to the specified person? 

Once taxpayers viewing information under AIS should click on specific information. Once the information details are seen, on the right click on the feedback button using which taxpayers can provide feedback from the menu options available. 

Is the e-Verification Scheme same as the e-Verification of return? 

According to the ITD website, The e-Verification Scheme 2021 is totally different from the e-Verification of return.

Catch the latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.