Submit Response Under E Campaign in Income Tax Compliance Portal

This article explain about to Submit Response Under e-Campaign in Income Tax Compliance Portal (Income Tax High-Value Transaction).

Hi, here we will try to cover the questions like - Income tax compliance portal response?, How to reply income tax compliance?, How to respond to high-value transaction?, What is income tax compliance and How submit response under E Campaign in Income Tax Compliance Portal, etc.

How does the Income Tax department traces high-value transactions?  

The Income Tax Department continues its process and applies various techniques, analysis to tract the non-filers of Return and those have under report their income. IT department collect all major financial transactions from Banks as well as government departments.

To ensure compliance with these regulations, the government has established a compliance portal enabling taxpayers to submit their responses related to high-value transactions in income tax.

Here we discussed the online steps to use the IT compliance portal to submit the response in brief:-

The IT Compliance portal is : https://compliance.insight.gov.in/compliance/login

Step 1: Login to Income Tax Compliance Portal

Taxpayer can also log in to the https://eportal.incometax.gov.in/iec/foservices/#/login

using his PAN number and password.

 

Step 2: Know the High-Value Transaction

After logging in, taxpayer can view the high-value transaction reported by the Income Tax Department by clicking on Pending Actions -> then on the Compliance portal -> and then on E Campaign.

 

Step 3: Selection of the relevant e-Campaign

The appeared page of the e-Campaign portal, select the relevant e-Campaign and click on ‘Provide feedback in AIS.’ If there is no active e-Campaigns or e-Verifications, then the message will appear – “No Compliance Record has been generated for you.”

 

Step 4: Selection of information Category

An ‘E’ mark can be seen against the information category for which the communication have received. ‘E’ - means expected.

Step 5: Submit the Response

Select the most appropriate response from the option as :

• Information is correct
• Information is not fully correct
• Income is not taxable
• Information relates to other PAN/year
• Information is duplicate/included in other displayed information
• Information is denied

 

The response submitted will be communicate to the Income Tax Department for further processing.

That’s all and hope, the article will help you to submit response in IT compliance portal.

Thanks and Regards,

Team Tech-Guide-Tax
REF-A1004-24-GUIDE-004-ITAX-001-AP

Note:-To know more detail about the step-by-step instructions along with relevant screen shots, Subscribers or User strongly suggested to go through the User Manual provided in respective portal.