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Dec 20, 2025
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Income Tax Department clarifies notices sent to taxpayers on mismatch in transactions, ITR
The Income Tax Department has clarified that the emails recently sent to taxpayers over mismatches between income tax return (ITR) disclosures and financial transactions are only “advisory” in nature and not for penalty or scrutiny.
The clarification comes after many taxpayers reported receiving emails and SMS alerts flagging high-value transactions linked to their PAN that were either not reported in their ITRs or appeared disproportionate to their declared income.
In an official statement, the department said, “Some references have come to the notice of the Income Tax Department regarding recent communication sent to taxpayers pertaining to transaction(s) made by them.”
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