Press Release- Implementation of e-Verification Scheme-2021

Implementation of e-Verification Scheme-2021: Income Tax Department has identified certain mismatchestween theinformation received from third parties on interest and dividend income, and theIncome Tax Return (ITR) filed by taxpayers. In many cases, taxpayers have not evenfiled their ITR.

In order to reconcile the mismatch, an on-screen functionality has been madeavailableintheComplianceportalofthee-filingwebsitehttps://eportal.incometax.gov.in for taxpayers to provide their response. At present,the information mismatches relating to Financial Years 2021-22 and 2022-23 havebeen displayed on the Compliance portal. The taxpayers are also being made awareof the mismatch through SMS and emails as perdetails available with theDepartment.

Those taxpayers who have already registered on the e-filing website, cannavigate to Compliance portal directly after logging into their account. Details ofmismatches identified will be available under the “e-Verification” tab.

Taxpayers who are not registered on the e-filing website have to registerthemselves on the e-filing website to view the mismatch. For registration, the”Register” button on the e-filing website can be clicked and the relevant details canbe provided therein. After successful registration, the e-filing account can be loggedinto and the Compliance portal can be navigated to view the mismatches.

Source : https://taxconcept.net/income-tax/press-release-implementation-of-e-verification-scheme-2021/