3 mn taxpayers get I-T alerts
Financial Express Mumbai|January 01, 2024
ASKED TO EXPLAIN DISCREPANCY IN RETURNS
PRIYANSH VERMA
3 mn taxpayers get I-T alerts

THE INCOME TAX (I-T) department has sent alerts through text messages and emails to around three million salaried taxpayers across the country, highlighting the apparent mismatch between the tax deducted at source (TDS) and the refunds claimed by them in their revised tax returns, an official told FE.

"Since December 31 (2023) was the last day of filing revised returns...we have sent alerts seeking explanation for the discrepancies in the returns filed for assessment years 2023-24," the official said.

This respresents a big jump in the number of such alerts being sent, and the increased monitoring is partly attributed to a special unit opened in Mysuru in October 2022 for centralised matching and cross-verification of the documents.

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