Have You Done High Value Transactions in F.Y. 2017-18 but haven’t filed ITR Yet?

HERE’S A CHANCE TO SEE THE ISSUE & RESPOND ONLINE

Many persons who have done high-value transactions in F. Y. 2017-18, but not yet filed Income Tax Return for the corresponding Asst. Year 2018-19, have been identified.

For transparency and to reduce compliance cost of such persons, an online verification and response facility is available.

Please submit your online response as under

Step 1: Login to Compliance portal

Login to the e-filing portal (https://incometaxindiaefiling.gov.in) and click on the ‘Compliance Portal’ link available in ‘My Account’ to navigate to Compliance portal (https://compliance.insight.gov.in)

Step 2: View Information Details

Information Details can be viewed under e-verification menu on the Compliance Portal.

Step 3: Upload Return or submit details

Upload the return on e-filing portal after paying due taxes. If return is already filed, submit details under ‘Filing of Income tax return” on Compliance Portal. In case you are not liable to file return, you may submit online response. You may keep the print out of submitted response for record.

Such persons may ascertain their tax liability for FY 2017-18 and file their Income Tax Returns (ITR) or submit online, response within 21 days.

In cases where no return is filed and no response is received, initiation of proceedings under the Income -tax Act, 1961 will be considered.

> Thee is no need to visit Income Tax Office. Response is to be given online only

Toll-free number 1800 103 4215 during business hours (9.30 a.m. to 6.00 p.m.) on working days is available

Or

Click on the ‘Help’ icon on the Compliance portal to get support/call back

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