Income Tax Dept is sending intimations about cash deposit, property purchase, AIS ITR mismatch; Here’s what it means

Important update for taxpayers: Be on the lookout for emails from the Income Tax Department regarding your larger financial dealings. These are friendly reminders, not tax enforcement alerts. They invite you to address any unaccounted income or to adjust your Income Tax Returns if necessary. The department's mission is to increase transparency on reported transactions.

from Tax-Wealth-Economic Times https://ift.tt/wLMe8co