Income Tax Department Clarifies Notices on ITR Filing for AY 2025-26
The Income Tax Department is sending messages to taxpayers flagging possible mismatches between reported income and department records. These alerts are not demands for extra tax but aim to help individuals correct errors before finalising their returns.
The move comes as part of efforts to improve accuracy in tax filings for the Assessment Year 2025-26, covering the financial year 2024-25.
Taxpayers receiving these messages should check their Annual Information Statement (AIS) and Form 26AS to verify income details. Common reasons for mismatches include differences in employer-reported salaries, bank interest, or multiple income sources not being fully captured.
The department stresses that these alerts are advisory, not penalty notices. No immediate action is required unless the taxpayer chooses to address the discrepancy. The system is designed to provide real-time insights, allowing self-correction before filing.
In some cases, notifications are sent for foreign income, international tax obligations, or cross-border transactions. These require verification under bilateral tax agreements to prevent tax evasion. Taxpayers should cross-check details, correct any mistakes, and keep supporting documents for reference.
For the current filing season, the department recommends early verification of income data. Using AIS and Form 26AS as guides ensures accurate ITR entries and reduces the risk of future complications.
The Income Tax Department’s messaging system helps taxpayers file correct returns by highlighting potential inconsistencies. By verifying details against AIS and Form 26AS, individuals can resolve discrepancies before submission.
These alerts remain informative and non-punitive, reinforcing the importance of accurate income reporting for the Assessment Year 2025-26.
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