Income Tax High Value Information E-campaign

Hello!

What is to be done when someone receives a message saying that a high value information has been identified which is not in line with the ITR filed? On logging to the Compliance Portal, income from other sources is being shown considering all FD Interest Income and Savings Interest including both which were a part of 26AS and also those which were not appearing in 26AS. For the incomes which were a part of 26AS and on which tax was paid while filing ITR, what response to give if it is coming again under the Compliance Portal?

Also, what if we don't receive any mail or message communicating about e-campaign but some amount is still showing on the Compliance Portal?

Replies (3)
Quick Summary
This discussion addresses concerns about HMRC's High Value Information E-Campaign, where discrepancies are flagged between filed Income Tax Returns (ITRs) and information on the Compliance Portal. It clarifies how to handle situations involving interest income (both from 26AS and not) and advises on responding when income appears duplicated or wasn't initially declared. The consensus is to file a revised return if undeclared income is identified, even without direct communication.

Generally it's a duplication. 26AS and one more entry.. both are just same. check value based.

Thanks for the response!

One more thing, if we do not receive any communication regarding this but there is still some Income being computed in Compliance Portal which was not appearing in 26AS, then also is it required to file revised return and submit the response?

If you missed to consider some income, then file revised return

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