Reg. Compliance Portal - Significant Transactions...


This query is : Resolved 

Quick Summary
An individual noticed an e-campaign alert for 'Significant Transactions' on the e-filing compliance portal, related to insurance commission income. Although the income is legitimate and received annually, the alert did not include the last quarter's earnings and no prior notification was received. Advice suggests responding via the portal but not highlighting omissions, despite the amount appearing incorrect.

21 June 2020 Recently when I logged into e-filing site, I noticed that there is a e-campaign entry in compliance portal regarding "Significant Transactions". These transactions are nothing but the commission as received by me from various insurance companies which has been taken from TDS certificates I suppose. It did not include the last quarter income too.

Should I submit the response to this in the portal? If YES, should I say that the amount is incorrect as it does not include last quarter income.

I didn't receive any mail / SMS intimation on the same - neither there is any "Pending" in "for your action" tab in the portal.

21 June 2020 Yes, submit response in the portal. Don't point out any omissions.

21 June 2020 Sure. But the amount is incorrect. It didn't include the amount credited in the last quarter at all. Shouldn't I point that out and say that it is incorrect?

21 June 2020 No need to point out such omissions.

21 June 2020 Thank you sir for your reply - but curious why it should list as Significant transactions as if it is "suspicious" when all the money is received through legitimate sources & this has been received every year since last 16 years!!!


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