Verification of the information entered in my ITR
The Income Tax department has several methods to verify the information entered in your Income Tax Return (ITR). Some of the ways for Verification of the information entered in my ITR are:
To Visit https://www.incometax.gov.in/
1.Form 26AS: The department cross-checks the details mentioned in your ITR with the details available in Form 26AS, which shows all tax payments made by you, including TDS.
2.Audit: The department can conduct an audit of your accounts to check the correctness of the information provided in the ITR.
3.Notices: The department can issue a notice to you seeking further information or clarification about the details mentioned in your ITR.
4.Data Analytics: The department uses data analytics to detect any discrepancies in your ITR and cross-checks it with other available data.
5.Third-Party Information: The department can also verify the information provided in your ITR by obtaining information from third parties, such as banks, employers, etc.
It is essential to provide accurate information in your ITR as any discrepancies found during the verification process can lead to penalties and legal consequences.
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