CBDT Alerts Taxpayers On Mismatches Between AIS And ITRs

The CBDT has issued alerts to taxpayers about mismatches between transactions reported in the Annual Information Statement (AIS) and Income Tax Returns (ITRs) for FY 2023-24 and 2021-22. The department encourages taxpayers to file revised or belated ITRs, with the deadline for FY 2023-24 set for December 31. The e-Verification Scheme aids in resolving discrepancies and improving compliance.