Quick Summary
The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to assist taxpayers in resolving mismatches 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. This campaign also targets individuals having taxable income or significant high-value transactions reported in their AIS but have not filed ITRs for the respective years. The initiative is part of
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FAQ :
The CBDT has launched an electronic campaign to help taxpayers resolve mismatches between their Annual Information Statement (AIS) and Income Tax Returns (ITRs) for FY 2023-24 and FY 2021-22.
The campaign targets taxpayers with income or transaction mismatches between their AIS and ITRs, as well as individuals with taxable income or high-value transactions in their AIS who haven't filed ITRs for the relevant financial years.
If a mismatch is identified, taxpayers are encouraged to file revised or belated ITRs for FY 2023-24 by December 31, 2024, or updated ITRs for FY 2021-22 by March 31, 2025.
Yes, taxpayers can provide feedback, including disagreeing with the information in the AIS, through the AIS portal on the e-filing website.
The deadline to file revised or belated ITRs for FY 2023-24 is December 31, 2024.
Taxpayers can file updated ITRs for FY 2021-22 by the limitation date of March 31, 2025.
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