Hi,
I have just got a SMS stating that "The Income Tax Department has identified high value information which does not appear to be in line with the Income Tax Return filed for Assessment Year 2020-21 (relating to FY 2019-20). Please revise ITR / submit online response under e-Campaign tab on Compliance Portal (CP). Access CP by logging into e-filing portal and clicking on 'Compliance Portal' link under 'My Account' or 'Compliance' tab - ITD".
I have checked in Compliance Portal. It seems interest income from Savings Account/TD close to 70k from all bank accounts. I don't seem to find anything in Form 26as. Not sure how to check may be in bank statements?
Do I need to respond? If yes, how to validate the information and what to respond if not clear.
By any chance, I need to re-file the return in worst case?
Any prompt response would be highly appreciated. Thank you!
