The Income Tax Department is launching an 11-day e-campaign from 20th July 2020 to help taxpayers voluntarily comply with income tax requirements for the 2018-19 financial year. This initiative targets individuals who haven't filed returns or have discrepancies in their submissions. Taxpayers will receive emails or SMS messages regarding their financial transactions and can respond online to confirm or correct the information, avoiding potential scrutiny.
CBDT to start e-campaign on Voluntary Compliance of Income Tax for FY 2018-19 from 20th July, 2020
The Income Tax Department is all set to start an e-campaign on voluntary compliance of Income Tax for the convenience of taxpayers from Monday, the 20th of July, 2020. The 11 days campaign ending on 31st July, 2020 focuses on the assessees/taxpayers who are either non-filers or have discrepancies/deficiency in their returns for the FY 2018-19.
The objective of the e-campaign is to facilitate
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FAQ :
The CBDT e-campaign is an initiative by the Income Tax Department to promote voluntary compliance with income tax for the financial year 2018-19, allowing taxpayers to verify and correct their financial transaction information online.
The e-campaign runs for 11 days, starting on Monday, 20th July 2020, and concluding on 31st July 2020.
This campaign is aimed at taxpayers who are non-filers for FY 2018-19 or have discrepancies in their filed returns for the same period, especially those with high-value transactions.
The Income Tax Department will send emails or SMS messages to identified taxpayers to inform them about their financial transaction data held by the department.
Taxpayers can log in to a designated portal to view their transaction details and submit an online response indicating if the information is correct, not fully correct, relates to another person/year, is duplicate, or is denied.
No, there is no need to visit an Income Tax office as all responses and actions related to the e-campaign must be submitted online.