If you have received an SMS or email from the Income Tax Department stating the difference between your transaction and ITR, it may be a ‘Nudge’ notice. This is not a legal notice, but a gentle reminder so that you can correct your information. This notice is usually sent when there is a difference in cash deposit, earnings from shares or mutual funds, or property transactions. In this video, learn how to check AIS and TIS, how to reply on Compliance Portal and how to file Updated Return if necessary, so that scrutiny and penalty can be avoided in future.
Has ‘Nudge’ notice of Income Tax come? Know what to do AIS, TIS and Updated Return | Money Live | Got an Income Tax ‘Nudge’ Notice? Find out what to do AIS, TIS and Updated Returns
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