Quick Summary
Income Tax Department (ITD) has started sending intimations to salaried taxpayers whose deductions are not in sync with Form 16. This is part of the ITDs efforts to crack down on tax evasion. Form 16 is a certificate issued by an employer to a salaried employee that specifies the amount of tax deducted from the employees salary during the financial year. The ITD matches the information in Form 16 with the information in the employees income tax return. If there is any discrepancy, the ITD wil
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FAQ :
The Income Tax Department is sending intimations to salaried taxpayers when there are discrepancies between the deductions claimed in their income tax return and the information reported by their employer in Form 16.
These intimations are part of the department's efforts to crack down on tax evasion and ensure consistency in reported financial information.
Form 16 is a certificate issued by an employer to a salaried employee, detailing the tax deducted from their salary during a financial year.
You should verify the claims made in your Income Tax Return and ensure they are consistent with the information reported by your employer in Form 16. You can also check your Annual Information Statement (AIS) for relevant financial transaction details.
You need to log in to the e-Filing portal, navigate to 'Pending Action' > 'Worklist' > 'Response for Refund Confirmation', and select the appropriate option. You can confirm the claim, state that you are revising your return, or provide other relevant information.
You are required to submit your response within 30 days of receiving the intimation.
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