IT Dept Extends High Value Transaction Response Deadline to March 31

Quick Summary

The Income Tax Department has sent out mass SMS messages to assessees, informing them of an extended deadline to respond to queries regarding high-value transactions. The new deadline is March 31st. This extension comes as the department's compliance portal has reportedly been experiencing technical difficulties, hindering assessees' ability to respond.

Mass SMS sent by IT Dept giving assessees time till 31st March to respond whilst the compliance portal is not working

Mass SMS send by Income Tax Dept giving assesses time till 31st March to respond whilst the compliance portal is not working

Income Tax Dept

FAQ :

The deadline to respond to queries regarding high-value transactions has been extended to March 31st.

The deadline has been extended because the IT Department's compliance portal has not been working, making it difficult for assessees to respond.

Assessees are being informed through mass SMS messages sent by the IT Department.

The queries are related to high-value transactions.

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