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I-Tax Dept to start e-Campaign on voluntary tax compliance from Monday

The Central Board of Direct Taxes, CBDT has said that the 11-day campaign will focus on the assessees or taxpayers who are either non-filers or have discrepancies in their returns for the financial year 2018-19. 

It said, the objective of the e-campaign is to facilitate taxpayers to online validate their tax and financial transaction information available with the I-T Department and promote voluntary compliance, especially for the assessees for 2018-19 so that they do not need to get into notice and scrutiny process.

CBDT said that this e-campaign is being run for the benefit of the taxpayers. Under this e-campaign the Income Tax Department will send email and SMS to identified taxpayers to verify their financial transactions related information received by the I-T department from various sources such as Statement of Financial Transactions, Tax Deduction at Source, Tax Collection at Source and Foreign Remittances.

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