Top Chartered Accountants in Gurgaon - Best CA 2023 - Rahul H Gupta & Co.

How ITR's Automated Reconciliation Works. Feb 17, 2024

Income Tax

The income-tax department is set to launch a screen-based automated reconciliation system for plugging mismatches between returns filed by taxpayers and information processed by the department.

In some select cases, people who did not file I-T returns (ITR) can use the automated reconciliation facility.

In the first phase, information mismatches related to financial years 2021-2022 and 2022-2023 will be considered.

Sources said no notice needed to be issued for this, and the I-T department would send alerts through SMS and e-mail to taxpayers where mismatches were identified.

https://carahul.com/images/icons-img/chatbot-removebg-preview.png