FAQs for e-Verification Scheme 2021

Chapters / List

1. Where can I see my financial transaction reported to Income Tax Department by Sources/Reporting Entities?

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2. What should I do if I find a transaction which is incorrectly recorded or which does not pertain to me?

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3. What happens after I raise my objection to any transaction reported in AIS?

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4. What is the e-Verification Scheme, 2021?

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5. What is the usefulness of the e-Verification Scheme, 2021?

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6. Is the e-Verification Scheme same as e-Verification of return?

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7. Where do I see the notice u/s133(6) issued to me seeking my explanation on a transaction not included by me in the Return of Income? How do I file my response to the notice u/s 133(6) issued under the e-Verification Scheme, 2021? or What should I do when I receive notice for e-Verification?

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8. At the time of responding to the notice of e-Verification, after log in, nothing appears and only a blank screen page opens up. What should I do?

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9. How do I know that notice under e-Verification has been issued to me?

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10. What do I do in case I am having difficulty in accessing the Compliance Portal for viewing notices or submitting responses?

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11. How does the taxpayer verify the genuineness of the notice received?

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12. While responding to the notice issued u/s.133(6) of the Income-tax Act in the Compliance portal, the system/portal is not accepting the attachments of size above 10 MB. How to submit such large documents?

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13. What happens if my explanation is found to be satisfactory?

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14. What happens if the explanation is not found satisfactory?

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15. What can I do if I realize that I have missed a transaction while calculating my income in the Return of Income already filed by me?

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16. Can I respond to the notice u/s133(6) of the I.T. Act, 1961 that I have updated my return of income by paying additional tax on the transaction being e-verified by Income Tax Department?

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17. Do I need to pay any penalty while updating my return?

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18. Is it possible for me to have a physical hearing with the officer?

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19. Why should I update my return?

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20. What is updated return and its utility to the taxpayer?

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21. How is the e-Verification Scheme different from scrutiny assessments/reassessments?

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22. What should the taxpayer do if information provided by the Income Tax Department is not correct? | What should I do if the duplicate entries are there in notice received by me under the e-Verification Scheme?

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23. What if you agree to the mismatch between return of income and information explained to you in the notice u/s 133(6) of the IT Act, 1961, under e-Verification Scheme?

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24. What are the possible reasons for difficulties faced in filling responses to the notice u/s 133(6) of the IT Act, 1961?

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